After costs, if the gap returns to its 7d average, $10k−$33
spread now−0.068%7d average−0.271%fees + slippage, in and out−$53spread needed0.535%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ICP-PERP-INTX | 2.9610 | 0.0096 | pay 0.0012% / 1h | 50m 25s | $67K | $119K | 50x |
| Short | MEXC ICP_USDT | 2.9590 | 0.0014 | get 0.0014% / 8h | 7h 50m | $18.5M | $7.1M | 50x |
Price 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
- −$6.75
- Funding while held
- −$2.46
- Slippage, 4 orders
- −$43.47
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$62.68
- Spread needed to break even
- 0.535%
Slippage from Coinbase International: live order book, 59 min ago; MEXC: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0082%
- Per $10,000 a day
- −$2.46
- 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 Coinbase International live order book, 59 min ago | 10.11 bp | 18.4 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 1.69 bp | 2.2 bp −$2 | 8.5 bp −$85 | 68.5 bp −$6,852 | 147.4 bp −$73.7K |
ICP price on every exchange
against the cheapest. Click to use as the short leg.ICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ICP-USDT | −0.338% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Phemex ICPUSDT | −0.304% | −0.0419% | 8h | $1.7M | $764K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.297% | −0.0461% | 1h | $263 | $366 | 50x | as long as short |
| Variational Omni ICP | −0.262% | −0.0349% | 8h | $1.0M | $84K | — | as long as short |
| edgeX ICPUSDC | −0.193% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| Bybit ICPUSDT | −0.169% | −0.0257% | 8h | $16.6M | $15.3M | 75x | as long as short |
| Extended ICP-USD | −0.141% | +0.0016% | 1h | $26K | $133K | 10x | as long as short |
| OKX ICP-USDT-SWAP | −0.135% | −0.0004% | 8h | $5.8M | $15.7M | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.124% | −0.0090% | 1h | $508K | $556K | 50x | as long as short |
| Lighter ICP | −0.108% | +0.0096% | 1h | $144K | $310K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX ICP-USDT | −0.101% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Aster ICPUSDT | −0.086% | +0.0100% | 8h | $183K | $1.9M | 20x | as long as short |
| Binance ICPUSDT | −0.085% | +0.0014% | 8h | $28.8M | $47.4M | 75x | as long as short |
| dYdX ICP-USD | −0.068% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Gate ICP_USDT | −0.068% | −0.0338% | 8h | $1.8M | $2.0M | 50x | as long as short |
| MEXC ICP_USDTshort | −0.068% | +0.0014% | 8h | $18.5M | $7.1M | 50x | |
| KuCoin ICPUSDTM | −0.068% | +0.0100% | 8h | $5.0M | $11.4M | 50x | as long as short |
| Bitget ICPUSDT | −0.068% | +0.0100% | 8h | $6.9M | $3.9M | 50x | as long as short |
| Pacifica ICP | −0.041% | +0.0100% | 1h | $134K | $10K | 5x | as long as short |
| HTX ICP-USDT | −0.034% | +0.0100% | 8h | $111K | $288K | 20x | as long as short |
| gTrade (Gains Network) ICP/USD | 0.000% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Coinbase International ICP-PERP-INTXlong | 0.000% | +0.0096% | 1h | $67K | $119K | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | +0.007% | L +0.0358% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Injective ICP/USDC PERP | +0.095% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |
| BloFin ICP-USDT | +0.101% | +0.0056% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Hyperliquid ICP | +0.159% | +0.0299% | 1h | $4.8M | $3.6M | 5x | as long as short |
Coinbase International ICP-PERP-INTX
MEXC ICP_USDT
SunX
Phemex
Deribit
Variational Omni
Bybit
Extended
OKX
Kraken Futures
Lighter
BingX
Aster
Binance
Gate
KuCoin
Bitget
Pacifica
HTX
gTrade (Gains Network)
GMX
Injective
BloFin
Hyperliquid