Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average—if it closes, per $10,000$4funding while held, a day−$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ICPUSDT | 2.9100 | 0.0100 | pay 0.0100% / 8h | 5h 44m | $6.7M | $4.1M | 50x |
| Short | Deribit ICP_USDC-PERPETUAL | 2.9113 | 0 | get 0.0000% / 1h | 44m 22s | $259 | $464 | 50x |
Bitget ICPUSDT
Deribit ICP_USDC-PERPETUALPrice 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
- $4.47
- Funding while held
- −$3
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$17.53
- Spread needed to break even
- 0.190%
Slippage unknown: Bitget: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0100%
- Per $10,000 a day
- −$3.00
- 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 Bitget live order book, 5 min ago | 3.43 bp | 12.4 bp −$12 | 28.3 bp −$283 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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.Phemex2.9040cheapestBybit2.9070+0.103%Gate2.9090+0.172%SunX2.9090+0.172%OKX2.9100+0.207%MEXC2.9100+0.207%KuCoin2.9100+0.207%
Phemex
Bybit
Gate
SunX
OKX
MEXC
KuCoinBitget2.9100+0.207%
BingX2.9100+0.207%Coinbase International2.9100+0.207%BloFin2.9100+0.207%Extended2.9108+0.234%Lighter2.9108+0.234%Binance2.9110+0.241%HTX2.9110+0.241%Kraken Futures2.9111+0.246%
BingX
Coinbase International
BloFin
Extended
Lighter
Binance
HTX
Kraken FuturesDeribit2.9113+0.251%
GMX2.9114+0.254%Pacifica2.9114+0.256%dYdX2.9115+0.259%Variational Omni2.9116+0.261%Aster2.9118+0.270%edgeX2.9135+0.326%Hyperliquid2.9137+0.334%Injective2.9638+2.059%
GMX
Pacifica
dYdX
Variational Omni
Aster
Hyperliquid
InjectiveICP on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.206% | +0.0100% | 8h | $1.7M | $798K | 50x | as long as short |
| Bybit ICPUSDT | −0.103% | −0.0345% | 8h | $16.5M | $16.4M | 75x | as long as short |
| Gate ICP_USDT | −0.034% | −0.0169% | 8h | $1.8M | $2.5M | 50x | as long as short |
| SunX ICP-USDT | −0.034% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| OKX ICP-USDT-SWAP | 0.000% | +0.0073% | 8h | $5.6M | $14.9M | 50x | as long as short |
| MEXC ICP_USDT | 0.000% | +0.0065% | 8h | $18.5M | $7.2M | 50x | as long as short |
| KuCoin ICPUSDTM | 0.000% | +0.0100% | 8h | $5.1M | $11.8M | 50x | as long as short |
| Bitget ICPUSDTlong | 0.000% | +0.0100% | 8h | $6.7M | $4.1M | 50x | |
| BingX ICP-USDT | 0.000% | +0.0100% | 8h | — | $4.6M | — | as long as short |
| Coinbase International ICP-PERP-INTX | 0.000% | +0.0224% | 1h | $62K | $85K | 50x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ICP-USDT | 0.000% | +0.0185% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Extended ICP-USD | +0.027% | +0.0064% | 1h | $24K | $133K | 10x | as long as short |
| Lighter ICP | +0.027% | +0.0096% | 1h | $137K | $278K | 5x | as long as short |
| Binance ICPUSDT | +0.034% | +0.0065% | 8h | $28.1M | $46.9M | 75x | as long as short |
| HTX ICP-USDT | +0.034% | +0.0100% | 8h | $104K | $219K | 20x | as long as short |
| Kraken Futures PF_ICPUSD | +0.039% | −0.0044% | 1h | $474K | $537K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | +0.045% | 0.0000% | 1h | $259 | $464 | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | +0.047% | L +0.0347% / S −0.0230% | 1h | $29K | — | 100x | as long as short |
| Pacifica ICP | +0.049% | +0.0100% | 1h | $132K | $11K | 5x | as long as short |
| dYdX ICP-USD | +0.052% | 0.0000% | 1h | $69K | $3K | 5x | as long as short |
| Variational Omni ICP | +0.054% | −0.0394% | 8h | $1.0M | $110K | — | as long as short |
| Aster ICPUSDT | +0.063% | +0.0094% | 8h | $189K | $1.8M | 20x | as long as short |
| edgeX ICPUSDC | +0.119% | +0.0100% | 4h | $23K | $277K | 10x | as long as short |
| Hyperliquid ICP | +0.127% | +0.0100% | 1h | $4.5M | $3.5M | 5x | as long as short |
| Injective ICP/USDC PERP | +1.849% | +0.0033% | 1h | $202 | $74K | 12x | as long as short |