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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against BingX+0.042%7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.042% dearer against BingX than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.90700.0100pay 0.0100% / 8h2h 27m$5.8M
ShortgTrade (Gains Network) ICP/USD2.9082L +0.0006% / S −0.0002%get 0.0000% / 1h27m 09s$10K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against BingX. 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
−$20.68
Price spread: +0.042% → 0.000%
$4.16
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$36.52
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 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 BingX live order book, 8 min ago1.71 bp6.7 bp −$716.1 bp −$16146.6 bp −$4,662462.5 bp −$231.2K
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−0.0300%1h2.9066−0.014%$189$43950xas long as short
Kraken Futures PF_ICPUSD−0.0069%1h2.9072+0.006%$480K$642K50xas long as short
dYdX ICP-USD0.0000%1h2.9103+0.112%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0002%1h2.9082+0.042%$10K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+2.047%$202$200K12xas long as short
Variational Omni ICP+0.0057%8h2.9031−0.136%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9079+0.031%$140K$493K5xas long as short
Hyperliquid ICP+0.0100%1h2.9112+0.144%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9090+0.068%$260K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9118+0.165%$132K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.90700.000%$28.5M$48.8M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9050−0.069%$17.0M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.90700.000%$5.6M$14.7M50xas long as short
Gate ICP_USDT+0.0100%8h2.9050−0.069%$1.8M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9060−0.034%$17.8M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.90700.000%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9080+0.034%$6.9M$4.6M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9070long leg$5.8M
edgeX ICPUSDC+0.0100%4h2.9130+0.205%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9144+0.256%$553K$495K10xas long as short
SunX ICP-USDT+0.0100%8h2.9090+0.069%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9080+0.034%$102K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9080+0.034%$1.7M$699K50xas long as short
Extended ICP-USD+0.0104%1h2.9055−0.052%$23K$134K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9130+0.206%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9260+0.654%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9078+0.026%$30K100xas long as short