ICP

Alert

Funding spread now, next payment 18:00 UTC−0.0277%/8h

paid, last 24h0.000%paid, last 7 days+0.002%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 0.002% in total (about 0.1% 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	Injective ICP/USDC PERP	2.9638	0.0033	pay 0.0004% / 1h	31m 54s	$202	$130K	12x
Short	Gate ICP_USDT	2.9180	−0.0244	pay 0.0244% / 8h	6h 31m	$1.8M	$2.4M	50x

Funding history

latest

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee GatebpOrdersRate

Funding earned: −$58.24
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$73.26
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.

Price risk

price view

Price gap now: −1.545%
Avg gap 7d: −1.026%

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 Injective no order-book sample	—	—	—	—	—
Sell Gate live order book, 2 min ago	3.43 bp	16.3 bp −$16	37.2 bp −$372	237.3 bp −$23.7K	doesn't fit

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
Bybit ICPUSDT	−0.0421%	8h	$17.0M	$15.6M	75x	as long as short
Variational Omni ICP	−0.0388%	8h	$1.1M	$100K	—	as long as short
Gate ICP_USDTshort	−0.0244%	8h	$1.8M	$2.4M	50x
dYdX ICP-USD	0.0000%	1h	$69K	$3K	5x	as long as short
Deribit ICP_USDC-PERPETUAL	0.0000%	1h	$260	$366	50x	as long as short
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0010%	1h	$26K	—	150x	as long as short
Extended ICP-USD	+0.0024%	1h	$24K	$133K	10x	as long as short
MEXC ICP_USDT	+0.0024%	8h	$18.1M	$7.1M	50x	as long as short
Binance ICPUSDT	+0.0025%	8h	$28.5M	$45.4M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0031%	8h	$5.8M	$14.2M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ICP/USDC PERPlong	+0.0033%	1h	$202	$130K	12x
Aster ICPUSDT	+0.0088%	8h	$168K	$1.7M	20x	as long as short
Lighter ICP	+0.0096%	1h	$137K	$333K	5x	as long as short
BloFin ICP-USDT	+0.0100%	8h	$1.2M	$2.4M	75x	as long as short
Pacifica ICP	+0.0100%	1h	$132K	$10K	5x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	$5.1M	$11.5M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	$6.8M	$3.8M	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	$111K	$174K	20x	as long as short
Phemex ICPUSDT	+0.0100%	8h	$1.7M	$801K	50x	as long as short
Coinbase International ICP-PERP-INTX	+0.0120%	1h	$62K	$89K	50x	as long as short
Kraken Futures PF_ICPUSD	+0.0156%	1h	$478K	$541K	50x	as long as short
Hyperliquid ICP	+0.0341%	1h	$4.6M	$3.4M	5x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0372% / S −0.0257%	1h	$31K	—	100x	as long as short