Spread before costs (cost unknown: a leg has no order-book sample)+0.125%
7d average−0.042%if it closes, per $10,000$12funding while held, a day−$1.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.8920 | −0.0357 | get 0.0357% / 8h | 5h 35m | $16.5M | $16.6M | 75x |
| Short | Variational Omni ICP | 2.8956 | −0.0399 | pay 0.0399% / 8h | 5h 35m | $1.0M | $111K | — |
Bybit ICPUSDT
Variational Omni ICPPrice 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
- $12.45
- Funding while held
- −$1.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $0.18
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0042%
- Per $10,000 a day
- −$1.27
- 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, 4 min ago | 1.72 bp | 8.3 bp −$8 | 23.0 bp −$230 | 481.1 bp −$48.1K | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 6.16 bp | doesn't fit | 16.4 bp −$164 | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.Bybit2.8920cheapest
Gate2.8920cheapestExtended2.8928+0.027%Pacifica2.8929+0.031%Lighter2.8930+0.035%OKX2.8930+0.035%MEXC2.8940+0.069%KuCoin2.8940+0.069%BingX2.8940+0.069%Binance2.8942+0.075%SunX2.8950+0.104%
Gate
Extended
Pacifica
Lighter
OKX
MEXC
KuCoin
BingX
Binance
SunXVariational Omni2.8956+0.125%
Hyperliquid2.8960+0.138%Aster2.8960+0.138%dYdX2.8960+0.138%Bitget2.8960+0.138%Phemex2.8960+0.138%gTrade (Gains Network)2.8961+0.141%Deribit2.8965+0.156%HTX2.8970+0.173%Kraken Futures2.8971+0.177%GMX2.8978+0.201%BloFin2.8980+0.207%edgeX2.9057+0.473%Coinbase International2.9150+0.795%Injective2.9638+2.483%
Hyperliquid
Aster
dYdX
Bitget
Phemex
gTrade (Gains Network)
Deribit
HTX
Kraken Futures
GMX
BloFin
Coinbase International
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTlong | 0.000% | −0.0357% | 8h | $16.5M | $16.6M | 75x | |
| Gate ICP_USDT | 0.000% | −0.0190% | 8h | $1.8M | $2.5M | 50x | as long as short |
| Extended ICP-USD | +0.027% | +0.0072% | 1h | $24K | $133K | 10x | as long as short |
| Pacifica ICP | +0.031% | +0.0100% | 1h | $131K | $10K | 5x | as long as short |
| Lighter ICP | +0.035% | +0.0096% | 1h | $201K | $354K | 5x | as long as short |
| OKX ICP-USDT-SWAP | +0.035% | +0.0070% | 8h | $5.6M | $15.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.069% | +0.0069% | 8h | $18.6M | $7.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.069% | +0.0100% | 8h | $5.0M | $11.8M | 50x | as long as short |
| BingX ICP-USDT | +0.069% | +0.0100% | 8h | — | $4.6M | — | as long as short |
| Binance ICPUSDT | +0.075% | +0.0070% | 8h | $28.0M | $47.3M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ICP-USDT | +0.104% | +0.0100% | 8h | $1K | $1.7M | 20x | as long as short |
| Variational Omni ICPshort | +0.125% | −0.0399% | 8h | $1.0M | $111K | — | |
| Hyperliquid ICP | +0.138% | +0.0100% | 1h | $4.6M | $3.8M | 5x | as long as short |
| Aster ICPUSDT | +0.138% | +0.0088% | 8h | $188K | $1.8M | 20x | as long as short |
| dYdX ICP-USD | +0.138% | 0.0000% | 1h | $69K | $3K | 5x | as long as short |
| Bitget ICPUSDT | +0.138% | +0.0100% | 8h | $6.7M | $4.2M | 50x | as long as short |
| Phemex ICPUSDT | +0.138% | +0.0100% | 8h | $1.7M | $798K | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.141% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.156% | −0.0095% | 1h | $258 | $464 | 50x | as long as short |
| HTX ICP-USDT | +0.173% | +0.0100% | 8h | $103K | $218K | 20x | as long as short |
| Kraken Futures PF_ICPUSD | +0.177% | −0.0044% | 1h | $472K | $536K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.201% | L +0.0346% / S −0.0230% | 1h | $29K | — | 100x | as long as short |
| BloFin ICP-USDT | +0.207% | +0.0190% | 8h | $1.2M | $2.4M | 75x | as long as short |
| edgeX ICPUSDC | +0.473% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.795% | +0.0224% | 1h | $62K | $85K | 50x | as long as short |
| Injective ICP/USDC PERP | +2.483% | +0.0033% | 1h | $202 | $74K | 12x | as long as short |