After costs, if the gap returns to its 7d average, $10k−$63
spread now+0.371%7d average+0.300%fees + slippage, in and out−$70spread needed0.702%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9650 | −0.0202 | get 0.0202% / 8h | 46m 37s | $16.6M | $15.1M | 75x |
| Short | Coinbase International ICP-PERP-INTX | 2.9760 | 0.0096 | get 0.0012% / 1h | 46m 37s | $67K | $120K | 50x |
Bybit ICPUSDT
Coinbase International ICP-PERP-INTXPrice 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
- $37.1
- Funding while held
- $8.94
- Slippage, 4 orders
- −$49.18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$24.14
- Spread needed to break even
- 0.702%
Slippage from Bybit: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0298%
- Per $10,000 a day
- +$8.94
- 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 Bybit live order book, 3 min ago | 3.37 bp | 10.4 bp −$10 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 10.11 bp | 28.3 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.BloFin2.9600cheapestOKX2.9630+0.101%Injective2.9638+0.128%Gate2.9640+0.135%KuCoin2.9640+0.135%BingX2.9640+0.135%Extended2.9643+0.144%Binance2.9649+0.166%
BloFin
OKX
Injective
Gate
KuCoin
BingX
Extended
BinanceBybit2.9650+0.169%
MEXC2.9650+0.169%Bitget2.9650+0.169%SunX2.9650+0.169%Deribit2.9661+0.206%edgeX2.9664+0.217%dYdX2.9666+0.224%Aster2.9674+0.249%GMX2.9675+0.254%Pacifica2.9676+0.256%Lighter2.9679+0.267%gTrade (Gains Network)2.9680+0.270%HTX2.9680+0.270%Variational Omni2.9686+0.292%Kraken Futures2.9690+0.305%Hyperliquid2.9719+0.402%Phemex2.9720+0.405%
MEXC
Bitget
SunX
Deribit
dYdX
Aster
GMX
Pacifica
Lighter
gTrade (Gains Network)
HTX
Variational Omni
Kraken Futures
Hyperliquid
PhemexCoinbase International2.9760+0.541%
ICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ICP-USDT | −0.169% | +0.0070% | 8h | $1.2M | $2.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.067% | −0.0012% | 8h | $5.8M | $15.9M | 50x | as long as short |
| Injective ICP/USDC PERP | −0.040% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |
| Gate ICP_USDT | −0.034% | −0.0001% | 8h | $1.8M | $2.3M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.034% | +0.0100% | 8h | $5.0M | $11.1M | 50x | as long as short |
| BingX ICP-USDT | −0.034% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Extended ICP-USD | −0.024% | +0.0016% | 1h | $26K | $133K | 10x | as long as short |
| Binance ICPUSDT | −0.003% | +0.0015% | 8h | $28.7M | $47.2M | 75x | as long as short |
| Bybit ICPUSDTlong | 0.000% | −0.0202% | 8h | $16.6M | $15.1M | 75x | |
| MEXC ICP_USDT | 0.000% | +0.0017% | 8h | $18.6M | $7.1M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ICPUSDT | 0.000% | +0.0100% | 8h | $6.9M | $3.9M | 50x | as long as short |
| SunX ICP-USDT | 0.000% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.037% | −0.0828% | 1h | $164 | $167 | 50x | as long as short |
| edgeX ICPUSDC | +0.048% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
| dYdX ICP-USD | +0.055% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Aster ICPUSDT | +0.080% | +0.0100% | 8h | $178K | $1.9M | 20x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.085% | L +0.0357% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Pacifica ICP | +0.087% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| Lighter ICP | +0.098% | +0.0096% | 1h | $148K | $317K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.101% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| HTX ICP-USDT | +0.101% | +0.0100% | 8h | $112K | $284K | 20x | as long as short |
| Variational Omni ICP | +0.122% | −0.0371% | 8h | $1.1M | $80K | — | as long as short |
| Kraken Futures PF_ICPUSD | +0.136% | −0.0667% | 1h | $510K | $558K | 50x | as long as short |
| Hyperliquid ICP | +0.233% | +0.0976% | 1h | $4.9M | $3.6M | 5x | as long as short |
| Phemex ICPUSDT | +0.236% | −0.0777% | 8h | $1.7M | $758K | 50x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.371% | +0.0096% | 1h | $67K | $120K | 50x |