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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0498%/8h= −54.5% APRnext payment $0.62 per $10,000 · paid last 24h −0.107%
Price spread now: gTrade (Gains Network) against GMX−0.002%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: −$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ICP/USD [WBTC.b-USDC]3.0072L +0.0509% / S −0.0480%pay 0.0064% / 1h17m 18s$37K100x
ShortgTrade (Gains Network) ICP/USD3.0072L +0.0006% / S −0.0011%get 0.0001% / 1h17m 18s$23K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. 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
−$104.56
Price spread: −0.002% → 0.000%
−$0.22
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$126.78
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: 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 GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX 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 26 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−0.0348%1h3.0059−0.045%$268$46450xas long as short
dYdX ICP-USD0.0000%1h3.0102+0.098%$70K$4K5xas long as short
Variational Omni ICP+0.0005%8h3.0149+0.256%$1.1M$118Kas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0011%1h3.0072−0.002%$23K150x
Phemex ICPUSDT+0.0011%8h3.0040−0.108%$1.8M$800K50xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.355%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0084+0.038%$164K$492K5xas long as short
Aster ICPUSDT+0.0100%8h3.0092+0.064%$280K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0087+0.048%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0060−0.041%$29.7M$53.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0070−0.008%$17.7M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0040−0.108%$5.8M$17.1M50xas long as short
Gate ICP_USDT+0.0100%8h3.0070−0.008%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0050−0.075%$19.4M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0050−0.075%$4.9M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0080+0.025%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0060−0.041%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h3.0086+0.046%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0104+0.106%$584K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0050−0.075%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0060−0.041%$105K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0042−0.100%$22K$125K10xas long as short
Hyperliquid ICP+0.0192%1h3.0087+0.048%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0180+0.358%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]longL +0.0509% / S −0.0480%1h3.0072long leg$37K100x
Kraken Futures PF_ICPUSD+0.0892%1h3.0097+0.082%$545K$611K50xas long as short