Settings8H · net · $10k
Funding arb · Price arb /

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Bitget+0.041%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.041% dearer against Bitget than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.94300.0100pay 0.0100% / 8h3h 23m$7.0M$4.6M50x
ShortgTrade (Gains Network) ICP/USD2.9442L +0.0006% / S −0.0002%get 0.0000% / 1h23m 57s$10K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.68
Price spread: +0.041% → 0.000%
$4.08
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$38.6
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago3.39 bp13.2 bp −$1326.2 bp −$262doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0124%1h2.9425−0.017%$191$43950xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9454+0.083%$525K$597K50xas long as short
Phemex ICPUSDT−0.0005%8h2.9410−0.068%$1.7M$788K50xas long as short
dYdX ICP-USD0.0000%1h2.9459+0.100%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0002%1h2.9442+0.041%$10K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+0.799%$202$200K12xas long as short
Variational Omni ICP+0.0081%8h2.9460+0.100%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9432+0.007%$143K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9456+0.088%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9441+0.039%$260K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9434+0.015%$133K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9420−0.034%$28.8M$48.5M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9410−0.068%$17.1M$17.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.94300.000%$5.7M$15.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9420−0.034%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9420−0.034%$18.7M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.94300.000%$4.8M$12.3M50xas long as short
Bitget ICPUSDTlong+0.0100%8h2.9430long leg$7.0M$4.6M50x
BingX ICP-USDT+0.0100%8h2.9420−0.034%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9440+0.036%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9464+0.116%$567K$475K10xas long as short
SunX ICP-USDT+0.0100%8h2.9440+0.034%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9400−0.102%$103K$116K20xas long as short
Extended ICP-USD+0.0104%1h2.9412−0.062%$22K$132K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9480+0.170%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9550+0.408%$66K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9436+0.021%$31K100xas long as short