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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against Aster−0.229%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 fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.229% cheaper against Aster than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ICPUSDT3.05500.0100pay 0.0100% / 8h7h 33m$301K$1.6M20x
ShortgTrade (Gains Network) ICP/USD3.0480L +0.0006% / S −0.0011%get 0.0001% / 1h33m 24s$23K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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
−$18.7
Price spread: −0.229% → 0.000%
−$22.92
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$59.62
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago1.64 bp18.5 bp −$19202.0 bp −$2,020doesn'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−0.0208%1h3.0521−0.095%$272$46450xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0573+0.076%$558K$598K50xas long as short
Variational Omni ICP−0.0076%8h3.0520−0.097%$1.1M$111Kas long as short
dYdX ICP-USD0.0000%1h3.0519−0.101%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0011%1h3.0480−0.229%$23K150x
Injective ICP/USDC PERP+0.0033%1h2.9665−2.897%$202$200K12xas long as short
Phemex ICPUSDT+0.0070%8h3.0520−0.098%$1.8M$780K50xas long as short
Lighter ICP+0.0096%1h3.0580+0.098%$175K$479K5xas long as short
Aster ICPUSDTlong+0.0100%8h3.0550long leg$301K$1.6M20x
Pacifica ICP+0.0100%1h3.0541−0.028%$138K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0475−0.247%$30.4M$52.6M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0460−0.295%$18.1M$18.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0460−0.295%$6.2M$17.0M50xas long as short
Gate ICP_USDT+0.0100%8h3.0480−0.229%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0510−0.131%$19.6M$9.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0490−0.196%$5.2M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0540−0.033%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0470−0.262%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0521−0.094%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0512−0.123%$591K$463K10xas long as short
SunX ICP-USDT+0.0100%8h3.0510−0.131%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0480−0.229%$107K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0465−0.278%$25K$131K10xas long as short
Hyperliquid ICP+0.0171%1h3.0557+0.023%$4.8M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0530−0.066%$1.3M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.05500.000%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0476−0.242%$38K100xas long as short