After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.067%7d average−0.030%fees + slippage, in and out−$42spread needed0.425%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9660 | 0.0020 | pay 0.0020% / 8h | 1h 00m | $28.6M | $46.9M | 75x |
| Short | Bybit ICPUSDT | 2.9640 | −0.0211 | pay 0.0211% / 8h | 1h 00m | $16.6M | $15.0M | 75x |
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
- −$6.74
- Funding while held
- −$6.94
- Slippage, 4 orders
- −$21.47
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56.15
- Spread needed to break even
- 0.425%
Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0231%
- Per $10,000 a day
- −$6.94
- 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 Binance live order book, 13 min ago | 1.69 bp | 10.0 bp −$10 | 18.9 bp −$189 | 291.3 bp −$29.1K | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.37 bp | 11.6 bp −$12 | 31.6 bp −$316 | 444.7 bp −$44.5K | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.ICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ICP/USDC PERP | −0.074% | +0.0033% | 1h | $202 | $191K | 12x | as long as short |
| Bybit ICPUSDTshort | −0.067% | −0.0211% | 8h | $16.6M | $15.0M | 75x | |
| Extended ICP-USD | −0.063% | +0.0024% | 1h | $26K | $133K | 10x | as long as short |
| Variational Omni ICP | −0.049% | −0.0372% | 8h | $1.1M | $80K | — | as long as short |
| OKX ICP-USDT-SWAP | −0.034% | −0.0018% | 8h | $5.8M | $15.9M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.034% | +0.0100% | 8h | $5.0M | $11.0M | 50x | as long as short |
| SunX ICP-USDT | −0.034% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.017% | −0.0626% | 1h | $164 | $298 | 50x | as long as short |
| Binance ICPUSDTlong | 0.000% | +0.0020% | 8h | $28.6M | $46.9M | 75x | |
| Gate ICP_USDT | 0.000% | +0.0001% | 8h | $1.8M | $2.3M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC ICP_USDT | 0.000% | +0.0022% | 8h | $18.7M | $7.1M | 50x | as long as short |
| BingX ICP-USDT | 0.000% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| HTX ICP-USDT | 0.000% | +0.0100% | 8h | $112K | $284K | 20x | as long as short |
| dYdX ICP-USD | +0.018% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Phemex ICPUSDT | +0.034% | −0.0854% | 8h | $1.7M | $734K | 50x | as long as short |
| Pacifica ICP | +0.067% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| Bitget ICPUSDT | +0.067% | +0.0100% | 8h | $6.9M | $3.9M | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.067% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.069% | L +0.0358% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Aster ICPUSDT | +0.090% | +0.0100% | 8h | $179K | $1.8M | 20x | as long as short |
| Lighter ICP | +0.091% | +0.0096% | 1h | $148K | $326K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.095% | −0.0686% | 1h | $509K | $558K | 50x | as long as short |
| edgeX ICPUSDC | +0.158% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
| Hyperliquid ICP | +0.310% | +0.0515% | 1h | $4.9M | $3.5M | 5x | as long as short |
| BloFin ICP-USDT | +0.337% | +0.0088% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.438% | +0.0128% | 1h | $67K | $119K | 50x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
Injective
Extended
Variational Omni
OKX
KuCoin
SunX
Deribit
Gate
MEXC
BingX
HTX
Phemex
Pacifica
Bitget
gTrade (Gains Network)
GMX
Aster
Lighter
Kraken Futures
Hyperliquid
BloFin
Coinbase International