Spread before costs (cost unknown: a leg has no order-book sample)+0.072%
7d average—if it closes, per $10,000$7funding while held, a day−$2.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9430 | 0.0070 | pay 0.0070% / 8h | 1h 44m | $28.4M | $46.1M | 75x |
| Short | dYdX ICP-USD | 2.9451 | 0 | get 0.0000% / 1h | 44m 31s | $70K | $3K | 5x |
Binance ICPUSDT
dYdX ICP-USDPrice 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
- $7.19
- Funding while held
- −$2.1
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$14.92
- Spread needed to break even
- 0.200%
Slippage unknown: Binance: live order book, 14 min ago; dYdX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0070%
- Per $10,000 a day
- −$2.10
- 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, 14 min ago | 1.69 bp | 8.5 bp −$9 | 18.6 bp −$186 | 282.9 bp −$28.3K | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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.Variational Omni2.9347cheapestBloFin2.9370+0.078%edgeX2.9383+0.120%Phemex2.9390+0.146%OKX2.9420+0.248%Bybit2.9430+0.282%BingX2.9430+0.282%SunX2.9430+0.282%
Variational Omni
BloFin
Phemex
OKX
Bybit
BingX
SunXBinance2.9430+0.283%
Extended2.9439+0.314%Aster2.9439+0.314%Gate2.9440+0.316%KuCoin2.9440+0.316%Deribit2.9447+0.340%MEXC2.9450+0.350%Coinbase International2.9450+0.350%
Extended
Aster
Gate
KuCoin
Deribit
MEXC
Coinbase InternationaldYdX2.9451+0.355%
Kraken Futures2.9453+0.362%Bitget2.9460+0.384%HTX2.9460+0.384%gTrade (Gains Network)2.9461+0.386%GMX2.9464+0.398%Lighter2.9472+0.425%Pacifica2.9479+0.450%Hyperliquid2.9503+0.531%Injective2.9638+0.991%
Kraken Futures
Bitget
HTX
gTrade (Gains Network)
GMX
Lighter
Pacifica
Hyperliquid
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.282% | −0.0351% | 8h | $1.0M | $79K | — | as long as short |
| BloFin ICP-USDT | −0.205% | +0.0192% | 8h | $1.2M | $2.2M | 75x | as long as short |
| edgeX ICPUSDC | −0.162% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
| Phemex ICPUSDT | −0.137% | −0.0946% | 8h | $1.7M | $690K | 50x | as long as short |
| OKX ICP-USDT-SWAP | −0.035% | +0.0007% | 8h | $5.8M | $15.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.001% | −0.0197% | 8h | $16.7M | $14.6M | 75x | as long as short |
| BingX ICP-USDT | −0.001% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| SunX ICP-USDT | −0.001% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
| Binance ICPUSDTlong | 0.000% | +0.0070% | 8h | $28.4M | $46.1M | 75x | |
| Extended ICP-USD | +0.031% | +0.0072% | 1h | $26K | $133K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.031% | +0.0100% | 8h | $178K | $1.8M | 20x | as long as short |
| Gate ICP_USDT | +0.033% | −0.0014% | 8h | $1.8M | $2.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.033% | +0.0100% | 8h | $4.8M | $10.6M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.057% | −0.0429% | 1h | $163 | $298 | 50x | as long as short |
| MEXC ICP_USDT | +0.067% | +0.0071% | 8h | $19.6M | $6.8M | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.067% | +0.0128% | 1h | $66K | $118K | 50x | as long as short |
| dYdX ICP-USDshort | +0.072% | 0.0000% | 1h | $70K | $3K | 5x | |
| Kraken Futures PF_ICPUSD | +0.079% | −0.0691% | 1h | $485K | $541K | 50x | as long as short |
| Bitget ICPUSDT | +0.101% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| HTX ICP-USDT | +0.101% | +0.0100% | 8h | $111K | $283K | 20x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.103% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.114% | L +0.0427% / S −0.0357% | 1h | $30K | — | 100x | as long as short |
| Lighter ICP | +0.142% | +0.0096% | 1h | $149K | $309K | 5x | as long as short |
| Pacifica ICP | +0.166% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| Hyperliquid ICP | +0.247% | +0.0325% | 1h | $4.7M | $3.4M | 5x | as long as short |
| Injective ICP/USDC PERP | +0.706% | +0.0033% | 1h | $202 | $191K | 12x | as long as short |