Spread before costs (cost unknown: a leg has no order-book sample)−0.294%
7d average—if it closes, per $10,000$29funding while held, a day+$6.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 2.9567 | −0.0156 | get 0.0020% / 1h | 56m 02s | $264 | $366 | 50x |
| Short | BloFin ICP-USDT | 2.9480 | 0.0047 | get 0.0047% / 8h | 7h 56m | $1.2M | $2.4M | 75x |
Deribit ICP_USDC-PERPETUAL
BloFin ICP-USDTPrice 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
- −$29.42
- Funding while held
- $6.1
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.33
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0203%
- Per $10,000 a day
- +$6.10
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 1.69 bp | 11.6 bp −$12 | 16.6 bp −$166 | 67.7 bp −$6,768 | doesn't fit |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.BloFin2.9480cheapest
Phemex2.9510+0.102%Variational Omni2.9515+0.119%edgeX2.9531+0.173%Bybit2.9540+0.204%OKX2.9540+0.204%Aster2.9545+0.221%dYdX2.9549+0.234%KuCoin2.9550+0.237%SunX2.9550+0.237%Extended2.9553+0.249%Pacifica2.9556+0.259%Gate2.9560+0.271%MEXC2.9560+0.271%BingX2.9560+0.271%Binance2.9561+0.275%
Phemex
Variational Omni
Bybit
OKX
Aster
dYdX
KuCoin
SunX
Extended
Pacifica
Gate
MEXC
BingX
BinanceDeribit2.9567+0.295%
Bitget2.9570+0.305%Lighter2.9573+0.315%gTrade (Gains Network)2.9575+0.321%GMX2.9577+0.330%Coinbase International2.9590+0.373%HTX2.9600+0.407%Kraken Futures2.9604+0.421%Hyperliquid2.9616+0.461%Injective2.9638+0.536%
Bitget
Lighter
gTrade (Gains Network)
GMX
Coinbase International
HTX
Kraken Futures
Hyperliquid
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ICP-USDTshort | −0.294% | +0.0047% | 8h | $1.2M | $2.4M | 75x | |
| Phemex ICPUSDT | −0.193% | −0.1153% | 8h | $1.7M | $750K | 50x | as long as short |
| Variational Omni ICP | −0.175% | −0.0353% | 8h | $1.0M | $84K | — | as long as short |
| edgeX ICPUSDC | −0.121% | +0.0100% | 4h | $23K | $277K | 10x | as long as short |
| Bybit ICPUSDT | −0.091% | +0.0100% | 8h | $16.6M | $15.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.091% | −0.0010% | 8h | $5.8M | $15.8M | 50x | as long as short |
| Aster ICPUSDT | −0.074% | +0.0100% | 8h | $183K | $1.9M | 20x | as long as short |
| dYdX ICP-USD | −0.061% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| KuCoin ICPUSDTM | −0.057% | +0.0100% | 8h | $5.0M | $11.4M | 50x | as long as short |
| SunX ICP-USDT | −0.057% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended ICP-USD | −0.046% | +0.0008% | 1h | $26K | $133K | 10x | as long as short |
| Pacifica ICP | −0.036% | +0.0100% | 1h | $134K | $10K | 5x | as long as short |
| Gate ICP_USDT | −0.024% | +0.0100% | 8h | $1.8M | $2.0M | 50x | as long as short |
| MEXC ICP_USDT | −0.024% | +0.0011% | 8h | $18.6M | $7.1M | 50x | as long as short |
| BingX ICP-USDT | −0.024% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Binance ICPUSDT | −0.020% | +0.0012% | 8h | $28.8M | $47.8M | 75x | as long as short |
| Deribit ICP_USDC-PERPETUALlong | 0.000% | −0.0156% | 1h | $264 | $366 | 50x | |
| Bitget ICPUSDT | +0.010% | +0.0100% | 8h | $6.9M | $4.0M | 50x | as long as short |
| Lighter ICP | +0.020% | +0.0096% | 1h | $144K | $310K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.025% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.035% | L +0.0357% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.078% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| HTX ICP-USDT | +0.112% | +0.0100% | 8h | $111K | $287K | 20x | as long as short |
| Kraken Futures PF_ICPUSD | +0.125% | −0.0090% | 1h | $509K | $557K | 50x | as long as short |
| Hyperliquid ICP | +0.166% | +0.0366% | 1h | $4.8M | $3.6M | 5x | as long as short |
| Injective ICP/USDC PERP | +0.240% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |