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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against Bybit0.000%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.626% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 7 days+0.006%+$1 · spread now 0.000%, 7d avg +0.026%
Together, before fees−0.051%−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.026% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ICPUSDT2.99100.0100pay 0.0100% / 8h5h 33m$17.5M$19.0M75x
ShortGate ICP_USDT2.99100.0100get 0.0100% / 8h5h 33m$1.9M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$0
Price spread: 0.000% → +0.026%
−$2.59
Slippage, 4 orders
−$36.57
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$65.16
Costs to cover
0.626%
Break-even
never at this rate
Slippage from Bybit: live order book, just now; Gate: live order book, 5 min ago.

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, just now1.67 bp10.9 bp −$1130.4 bp −$304doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago1.68 bp18.2 bp −$1862.3 bp −$623149.9 bp −$15.0Kdoesn't fit

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
dYdX ICP-USD0.0000%1h2.9854−0.187%$69K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9911+0.003%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9912+0.006%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.819%$202$200K12xas long as short
Variational Omni ICP+0.0060%8h2.9799−0.370%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9934+0.080%$162K$483K5xas long as short
Hyperliquid ICP+0.0100%1h2.9943+0.110%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9909−0.002%$275K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9871−0.131%$135K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9915+0.018%$29.4M$53.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDTlong+0.0100%8h2.9910long leg$17.5M$19.0M75x
OKX ICP-USDT-SWAP+0.0100%8h2.99100.000%$5.8M$17.0M50xas long as short
Gate ICP_USDTshort+0.0100%8h2.99100.000%$1.9M$3.1M50x
MEXC ICP_USDT+0.0100%8h2.99100.000%$19.7M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9880−0.100%$4.9M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9920+0.033%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.99100.000%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9839−0.238%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9877−0.110%$567K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9900−0.033%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9870−0.134%$104K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9890−0.067%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9906−0.013%$22K$123K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9840−0.234%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0293%1h2.9941+0.104%$527K$640K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9880−0.100%$67K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h2.9909−0.003%$37K100xas long as short