Funding you earn now, next payment 08:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.248%
Price spread now: gTrade (Gains Network) against Phemex+0.345%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.345% dearer against Phemex than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 2.9590 | −0.0200 | get 0.0200% / 8h | 58m 34s | $1.8M | $682K | 50x |
| Short | gTrade (Gains Network) ICP/USD | 2.9692 | L +0.0006% / S −0.0002% | get 0.0000% / 1h | 58m 34s | $10K | — | 150x |
Phemex ICPUSDT
gTrade (Gains Network) ICP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $42.35
- Price spread: +0.345% → 0.000%
- $34.54
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $54.89
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 1.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0423% | 1h | 2.9679 | +0.301% | $193 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0210% | 1h | 2.9702 | +0.378% | $526K | $653K | 50x | as long as short |
| Phemex ICPUSDTlong | −0.0200% | 8h | 2.9590 | long leg | $1.8M | $682K | 50x | |
| Variational Omni ICP | −0.0045% | 8h | 2.9580 | −0.034% | $1.1M | $132K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9674 | +0.284% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0002% | 1h | 2.9692 | +0.345% | $10K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.253% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9671 | +0.274% | $139K | $487K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9697 | +0.362% | $4.6M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9680 | +0.304% | $283K | $1.0M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9654 | +0.216% | $134K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9640 | +0.169% | $29.0M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9620 | +0.101% | $17.2M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | +0.203% | $5.8M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9640 | +0.169% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9640 | +0.169% | $19.5M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | +0.203% | $4.9M | $11.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9670 | +0.270% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9640 | +0.169% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9606 | +0.054% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9608 | +0.062% | $563K | $558K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9660 | +0.237% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9580 | −0.034% | $103K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9631 | +0.139% | $25K | $191K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9680 | +0.304% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9720 | +0.439% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0458% / S −0.0403% | 1h | 2.9696 | +0.358% | $33K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]