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 06:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.015%
Price spread now: gTrade (Gains Network) against OKX+0.179%53s7-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 0.179% dearer against OKX than usual: you sell high and buy low (spread +0.179% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.1 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.92200.0100pay 0.0100% / 8h2h 46m$5.6M$14.8M50x
ShortgTrade (Gains Network) ICP/USD2.9272L +0.0006% / S −0.0002%get 0.0000% / 1h46m 26s$10K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. 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: +0.179% → 0.000%
$17.9
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$22.78
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago3.41 bp10.1 bp −$1027.7 bp −$277doesn'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−0.0228%1h2.9249+0.099%$190$43950xas long as short
Kraken Futures PF_ICPUSD−0.0068%1h2.9275+0.188%$487K$640K50xas long as short
dYdX ICP-USD0.0000%1h2.9248+0.094%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0002%1h2.9272+0.179%$10K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+1.523%$202$200K12xas long as short
Variational Omni ICP+0.0071%8h2.9320+0.342%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9230+0.034%$141K$492K5xas long as short
Hyperliquid ICP+0.0100%1h2.9205−0.051%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9248+0.098%$262K$1.5M20xas long as short
Pacifica ICP+0.0100%1h2.9234+0.047%$132K$10K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9209−0.037%$28.6M$48.3M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9190−0.103%$17.0M$17.8M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9220long leg$5.6M$14.8M50x
Gate ICP_USDT+0.0100%8h2.9210−0.034%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9170−0.171%$18.0M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9210−0.034%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9180−0.137%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.92200.000%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9325+0.359%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9350+0.445%$558K$501K10xas long as short
SunX ICP-USDT+0.0100%8h2.9260+0.137%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9270+0.171%$102K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9270+0.171%$1.7M$747K50xas long as short
Extended ICP-USD+0.0104%1h2.9212−0.027%$23K$136K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9310+0.308%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9390+0.582%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9257+0.127%$30K100xas long as short