Spread before costs (cost unknown: a leg has no order-book sample)+0.037%
7d average—if it closes, per $10,000$4funding while held, a day+$4.14
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 2.9533 | 0.0100 | pay 0.0100% / 8h | 9m 29s | $177K | $1.9M | 20x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 2.9544 | L +0.0357% / S −0.0238% | get 0.0030% / 1h | 9m 29s | $30K | — | 100x |
Aster ICPUSDT
GMX ICP/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.7
- Funding while held
- $4.14
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$12.16
- Spread needed to break even
- 0.200%
Slippage unknown: Aster: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0138%
- Per $10,000 a day
- +$4.14
- Average in range /8h
- —
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 Aster live order book, 5 min ago | 3.38 bp | 12.5 bp −$12 | 626.8 bp −$6,268 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.OKX2.9490cheapestVariational Omni2.9494+0.012%Phemex2.9500+0.034%Bybit2.9510+0.068%Bitget2.9510+0.068%Gate2.9520+0.102%BingX2.9520+0.102%SunX2.9520+0.102%Extended2.9524+0.115%dYdX2.9528+0.129%Binance2.9530+0.136%MEXC2.9530+0.136%KuCoin2.9530+0.136%Deribit2.9530+0.136%BloFin2.9530+0.136%
OKX
Variational Omni
Phemex
Bybit
Bitget
Gate
BingX
SunX
Extended
dYdX
Binance
MEXC
KuCoin
Deribit
BloFinAster2.9533+0.146%
Lighter2.9533+0.146%edgeX2.9538+0.161%Pacifica2.9540+0.171%
Lighter
PacificaGMX2.9544+0.183%
gTrade (Gains Network)2.9549+0.200%HTX2.9550+0.203%Hyperliquid2.9553+0.214%Coinbase International2.9560+0.237%Kraken Futures2.9570+0.273%Injective2.9638+0.502%
gTrade (Gains Network)
HTX
Hyperliquid
Coinbase International
Kraken Futures
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | −0.146% | −0.0019% | 8h | $5.7M | $15.9M | 50x | as long as short |
| Variational Omni ICP | −0.133% | −0.0358% | 8h | $1.0M | $83K | — | as long as short |
| Phemex ICPUSDT | −0.112% | −0.0628% | 8h | $1.7M | $752K | 50x | as long as short |
| Bybit ICPUSDT | −0.078% | −0.0173% | 8h | $16.5M | $15.4M | 75x | as long as short |
| Bitget ICPUSDT | −0.078% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| Gate ICP_USDT | −0.044% | 0.0000% | 8h | $1.8M | $2.3M | 50x | as long as short |
| BingX ICP-USDT | −0.044% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| SunX ICP-USDT | −0.044% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Extended ICP-USD | −0.031% | +0.0008% | 1h | $26K | $133K | 10x | as long as short |
| dYdX ICP-USD | −0.017% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | −0.010% | +0.0008% | 8h | $28.7M | $47.8M | 75x | as long as short |
| MEXC ICP_USDT | −0.010% | +0.0006% | 8h | $18.6M | $7.4M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.010% | +0.0100% | 8h | $5.0M | $11.3M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.010% | −0.0258% | 1h | $263 | $366 | 50x | as long as short |
| BloFin ICP-USDT | −0.010% | +0.0025% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Aster ICPUSDTlong | 0.000% | +0.0100% | 8h | $177K | $1.9M | 20x | |
| Lighter ICP | 0.000% | +0.0096% | 1h | $144K | $321K | 5x | as long as short |
| edgeX ICPUSDC | +0.016% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
| Pacifica ICP | +0.025% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | +0.037% | L +0.0357% / S −0.0238% | 1h | $30K | — | 100x | |
| gTrade (Gains Network) ICP/USD | +0.055% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| HTX ICP-USDT | +0.058% | +0.0100% | 8h | $112K | $285K | 20x | as long as short |
| Hyperliquid ICP | +0.068% | +0.0423% | 1h | $4.8M | $3.6M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.091% | +0.0096% | 1h | $67K | $120K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | +0.127% | −0.0670% | 1h | $508K | $558K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.356% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |