data as of
Settings8H · net · $10k
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Price arb /

ICP

all ICP markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.102%7d average+0.027%fees + slippage, in and out−$52spread needed0.521%
Long on BybitShort on BloFin
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ICPUSDT2.9540−0.0165get 0.0165% / 8h2m 41s$16.6M$15.4M75x
ShortBloFin ICP-USDT2.95100.0060get 0.0060% / 8h2m 41s$1.2M$2.4M75x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$10.16
Funding while held
$6.73
Slippage, 4 orders
−$29.11
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$55.53
Spread needed to break even
0.521%
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
+0.0224%
Per $10,000 a day
+$6.73
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.39 bp13.3 bp −$1331.0 bp −$310610.2 bp −$61.0Kdoesn't fit
Sell BloFin live order book, 2 min ago1.69 bp13.6 bp −$1419.6 bp −$19679.2 bp −$7,918doesn't fit

ICP price on every exchange

against the cheapest. Click to use as the short leg.
Phemex2.9510cheapest
BloFin2.9510cheapest
Extended2.9536+0.087%
Bybit2.9540+0.102%
MEXC2.9540+0.102%KuCoin2.9540+0.102%SunX2.9540+0.102%Binance2.9545+0.120%Gate2.9550+0.136%BingX2.9550+0.136%Pacifica2.9555+0.152%OKX2.9560+0.169%dYdX2.9562+0.175%Variational Omni2.9564+0.182%Deribit2.9564+0.183%Aster2.9565+0.186%edgeX2.9573+0.212%GMX2.9573+0.213%gTrade (Gains Network)2.9579+0.234%Lighter2.9581+0.241%Bitget2.9590+0.271%Coinbase International2.9590+0.271%Kraken Futures2.9595+0.287%HTX2.9600+0.305%Hyperliquid2.9616+0.359%Injective2.9638+0.434%

ICP on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phemex ICPUSDT−0.102%−0.0632%8h$1.7M$751K50xas long as short
BloFin ICP-USDTshort−0.102%+0.0060%8h$1.2M$2.4M75x
Extended ICP-USD−0.015%+0.0016%1h$26K$133K10xas long as short
Bybit ICPUSDTlong0.000%−0.0165%8h$16.6M$15.4M75x
MEXC ICP_USDT0.000%+0.0013%8h$18.6M$7.4M50xas long as short
KuCoin ICPUSDTM0.000%+0.0100%8h$5.0M$11.3M50xas long as short
SunX ICP-USDT0.000%+0.0100%8h$2K$1.8M20xas long as short
Binance ICPUSDT+0.018%+0.0015%8h$28.7M$47.8M75xas long as short
Gate ICP_USDT+0.034%+0.0006%8h$1.8M$2.3M50xas long as short
BingX ICP-USDT+0.034%+0.0100%8h—$3.6M—as long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Pacifica ICP+0.050%+0.0100%1h$134K$11K5xas long as short
OKX ICP-USDT-SWAP+0.068%−0.0012%8h$5.8M$15.9M50xas long as short
dYdX ICP-USD+0.073%0.0000%1h$70K$3K5xas long as short
Variational Omni ICP+0.080%−0.0353%8h$1.0M$83K—as long as short
Deribit ICP_USDC-PERPETUAL+0.081%−0.0257%1h$263$36650xas long as short
Aster ICPUSDT+0.085%+0.0100%8h$183K$1.9M20xas long as short
edgeX ICPUSDC+0.110%+0.0100%4h$23K$276K10xas long as short
GMX ICP/USD [WBTC.b-USDC]+0.111%L +0.0357% / S −0.0238%1h$30K—100xas long as short
gTrade (Gains Network) ICP/USD+0.132%L +0.0006% / S −0.0010%1h$26K—150xas long as short
Lighter ICP+0.139%+0.0096%1h$144K$322K5xas long as short
Bitget ICPUSDT+0.169%+0.0100%8h$6.9M$4.0M50xas long as short
Coinbase International ICP-PERP-INTX+0.169%+0.0096%1h$67K$120K50xas long as short
Kraken Futures PF_ICPUSD+0.185%−0.0669%1h$509K$558K50xas long as short
HTX ICP-USDT+0.203%+0.0100%8h$112K$285K20xas long as short
Hyperliquid ICP+0.257%+0.0410%1h$4.8M$3.6M5xas long as short
Injective ICP/USDC PERP+0.332%+0.0033%1h$202$164K12xas long as short