ICP

Alert

Funding spread now, next payment 17:00 UTC+0.0252%/8h

paid, last 24h−0.003%paid, last 7 days−0.004%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ICP_USDT	2.9480	−0.0219	get 0.0219% / 8h	7h 21m	$1.8M	$2.1M	50x
Short	Injective ICP/USDC PERP	2.9638	0.0033	get 0.0004% / 1h	21m 01s	$202	$130K	12x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee InjectivebpOrdersRate

Funding earned: $52.99
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $37.97
Break-even: 2.0 days

Slippage unknown: Gate: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.536%
Avg gap 7d: +1.027%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 3 min ago	3.38 bp	24.4 bp −$24	35.8 bp −$358	56.1 bp −$5,614	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni ICP	−0.0342%	8h	$1.1M	$102K	—	as long as short
Deribit ICP_USDC-PERPETUAL	−0.0292%	1h	$263	$366	50x	as long as short
Gate ICP_USDTlong	−0.0219%	8h	$1.8M	$2.1M	50x
Bybit ICPUSDT	−0.0208%	8h	$16.5M	$14.9M	75x	as long as short
Kraken Futures PF_ICPUSD	−0.0090%	1h	$507K	$509K	50x	as long as short
Extended ICP-USD	−0.0016%	1h	$24K	$135K	10x	as long as short
OKX ICP-USDT-SWAP	−0.0015%	8h	$5.8M	$15.2M	50x	as long as short
Binance ICPUSDT	−0.0014%	8h	$28.8M	$45.8M	75x	as long as short
MEXC ICP_USDT	−0.0012%	8h	$18.3M	$7.2M	50x	as long as short
dYdX ICP-USD	0.0000%	1h	$70K	$3K	5x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0010%	1h	$26K	—	150x	as long as short
Injective ICP/USDC PERPshort	+0.0033%	1h	$202	$130K	12x
Lighter ICP	+0.0096%	1h	$144K	$311K	5x	as long as short
Coinbase International ICP-PERP-INTX	+0.0096%	1h	$67K	$114K	50x	as long as short
Aster ICPUSDT	+0.0100%	8h	$183K	$1.8M	20x	as long as short
Pacifica ICP	+0.0100%	1h	$134K	$11K	5x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	$5.0M	$11.4M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	$6.8M	$3.9M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	—	$4.1M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	$23K	$276K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	$1K	$1.7M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	$112K	$279K	20x	as long as short
Phemex ICPUSDT	+0.0100%	8h	$1.8M	$812K	50x	as long as short
BloFin ICP-USDT	+0.0106%	8h	$1.2M	$2.4M	75x	as long as short
Hyperliquid ICP	+0.0160%	1h	$4.8M	$3.4M	5x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0375% / S −0.0257%	1h	$31K	—	100x	as long as short