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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0230%/8h= −25.2% APRnext payment $0.29 per $10,000 · paid last 24h −0.035%
Price spread now: gTrade (Gains Network) against Coinbase International−0.019%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International ICP-PERP-INTX3.00300.0240pay 0.0030% / 1h5m 40s$63K$91K50x
ShortgTrade (Gains Network) ICP/USD3.0024L +0.0006% / S −0.0010%get 0.0001% / 1h5m 40s$27K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Coinbase International. 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
−$48.31
Price spread: −0.019% → 0.000%
−$1.93
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$70.24
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Coinbase International: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International no order-book sample
Sell gTrade (Gains Network) no order-book sample
Coinbase International and gTrade (Gains Network): 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 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
Phemex ICPUSDT−0.1462%8h2.9830−0.666%$1.7M$769K50xas long as short
Variational Omni ICP−0.0154%8h2.9931−0.330%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−1.215%$202$200K12xas long as short
Deribit ICP_USDC-PERPETUAL−0.0150%1h3.0018−0.040%$268$46450xas long as short
Gate ICP_USDT−0.0045%8h3.0000−0.100%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0036+0.022%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0010%1h3.0024−0.019%$27K150x
Lighter ICP+0.0096%1h3.0032+0.007%$160K$452K5xas long as short
Aster ICPUSDT+0.0100%8h3.0017−0.043%$196K$1.4M20xas long as short
Pacifica ICP+0.0100%1h3.0026−0.014%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0005−0.084%$29.7M$50.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9990−0.133%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0000−0.100%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0010−0.067%$19.6M$8.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0000−0.100%$5.1M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0010−0.067%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0000−0.100%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9956−0.247%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9971−0.197%$574K$435K10xas long as short
SunX ICP-USDT+0.0100%8h2.9980−0.167%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9990−0.133%$107K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0003−0.088%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9950−0.266%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h3.0028−0.007%$487K$528K50xas long as short
Coinbase International ICP-PERP-INTXlong+0.0240%1h3.0030long leg$63K$91K50x
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h3.0021−0.030%$37K100xas long as short
Hyperliquid ICP+0.0657%1h3.0058+0.093%$4.7M$5.0M5xas long as short