Funding you earn now, next payment 07:00 UTC+0.0227%/8h= +24.8% APRnext payment +$0.28 per $10,000 · paid last 24h +0.091%
Price spread now: gTrade (Gains Network) against Deribit+0.055%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and gTrade (Gains Network) is 0.055% dearer against Deribit than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 2.9436 | −0.0225 | get 0.0028% / 1h | 46m 55s | $191 | $439 | 50x |
| Short | gTrade (Gains Network) ICP/USD | 2.9452 | L +0.0006% / S −0.0002% | get 0.0000% / 1h | 46m 55s | $10K | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $47.57
- Price spread: +0.055% → 0.000%
- $5.54
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- $36.11
- Costs to cover
- 0.170%
- Break-even
- 1.7 days
Slippage unknown: Deribit: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Deribit 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0314% | 1h | 2.9457 | +0.070% | $522K | $663K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUALlong | −0.0225% | 1h | 2.9436 | long leg | $191 | $439 | 50x | |
| Phemex ICPUSDT | −0.0113% | 8h | 2.9440 | +0.014% | $1.8M | $677K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9470 | +0.116% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0002% | 1h | 2.9452 | +0.055% | $10K | — | 150x | |
| Variational Omni ICP | +0.0032% | 8h | 2.9415 | −0.071% | $1.0M | $132K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.778% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9450 | +0.048% | $139K | $495K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9464 | +0.095% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9436 | +0.001% | $261K | $1.1M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9465 | +0.099% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9417 | −0.064% | $28.8M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9390 | −0.156% | $17.1M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9400 | −0.122% | $5.7M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9420 | −0.054% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9420 | −0.054% | $18.8M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9420 | −0.054% | $4.8M | $12.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9440 | +0.014% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9420 | −0.054% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9458 | +0.076% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9428 | −0.027% | $566K | $524K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9430 | −0.020% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9450 | +0.048% | $103K | $115K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9412 | −0.081% | $23K | $127K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9470 | +0.116% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9650 | +0.727% | $58K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0410% / S −0.0331% | 1h | 2.9444 | +0.026% | $29K | — | 100x | as long as short |
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]