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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0265%/8h= +29.0% APRnext payment +$0.33 per $10,000 · paid last 24h +0.131%
Price spread now: gTrade (Gains Network) against Deribit−0.009%7-day average · you buy dearer than you sell
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ICP_USDC-PERPETUAL2.9689−0.0255get 0.0032% / 1h32m 18s$265$46450x
ShortgTrade (Gains Network) ICP/USD2.9686L +0.0006% / S −0.0010%get 0.0001% / 1h32m 18s$26K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Deribit. 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
$55.64
Price spread: −0.009% → 0.000%
−$0.88
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
$37.76
Costs to cover
0.170%
Break-even
2.2 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample
Sell gTrade (Gains Network) no order-book sample
Deribit and 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
Phemex ICPUSDT−0.1491%8h2.9490−0.670%$1.7M$784K50xas long as short
Kraken Futures PF_ICPUSD−0.0501%1h2.9706+0.059%$495K$524K50xas long as short
Variational Omni ICP−0.0355%8h2.9640−0.164%$1.1M$104Kas long as short
Injective ICP/USDC PERP−0.0320%1h2.9175−1.731%$198$88K12xas long as short
Deribit ICP_USDC-PERPETUALlong−0.0255%1h2.9689long leg$265$46450x
Bybit ICPUSDT−0.0204%8h2.9660−0.098%$17.2M$17.3M75xas long as short
Gate ICP_USDT−0.0176%8h2.9660−0.098%$1.8M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9719+0.101%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h2.9686−0.009%$26K150x
OKX ICP-USDT-SWAP+0.0038%8h2.9680−0.030%$5.8M$15.7M50xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter ICP+0.0096%1h2.9723+0.115%$168K$443K5xas long as short
Hyperliquid ICP+0.0100%1h2.9721+0.108%$4.8M$4.7M5xas long as short
Aster ICPUSDT+0.0100%8h2.9702+0.043%$197K$1.6M20xas long as short
Pacifica ICP+0.0100%1h2.9719+0.101%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9680−0.030%$28.7M$48.0M75xas long as short
MEXC ICP_USDT+0.0100%8h2.9670−0.064%$20.4M$7.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9700+0.037%$5.3M$12.5M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9700+0.037%$6.9M$4.3M50xas long as short
BingX ICP-USDT+0.0100%8h2.9680−0.030%$4.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9660−0.096%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9665−0.082%$571K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9670−0.064%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9650−0.131%$106K$220K20xas long as short
Extended ICP-USD+0.0104%1h2.9675−0.046%$24K$133K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9630−0.199%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h2.9690+0.003%$62K$85K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0422% / S −0.0353%1h2.9681−0.027%$31K100xas long as short