Spread before costs (cost unknown: a leg has no order-book sample)+0.098%
7d average—if it closes, per $10,000$10funding while held, a day+$4.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 2.9132 | 0 | get 0.0000% / 1h | 12m 02s | $260 | $366 | 50x |
| Short | Kraken Futures PF_ICPUSD | 2.9161 | 0.0157 | get 0.0020% / 1h | 12m 02s | $477K | $537K | 50x |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSDPrice 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
- $9.84
- Funding while held
- $4.7
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$2.46
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; Kraken Futures: live order book, 27 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0157%
- Per $10,000 a day
- +$4.70
- 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 Kraken Futures live order book, 27 min ago | 10.28 bp | 20.0 bp −$20 | 49.1 bp −$491 | doesn't fit | 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.Bybit2.9080cheapestOKX2.9110+0.103%Gate2.9110+0.103%BingX2.9110+0.103%Binance2.9116+0.124%MEXC2.9120+0.138%Bitget2.9120+0.138%SunX2.9120+0.138%Phemex2.9120+0.138%Pacifica2.9126+0.160%GMX2.9126+0.160%Extended2.9127+0.162%Lighter2.9130+0.172%KuCoin2.9130+0.172%
Bybit
OKX
Gate
BingX
Binance
MEXC
Bitget
SunX
Phemex
Pacifica
GMX
Extended
Lighter
KuCoinDeribit2.9132+0.179%
dYdX2.9137+0.196%gTrade (Gains Network)2.9140+0.205%Aster2.9148+0.233%Hyperliquid2.9153+0.251%HTX2.9160+0.275%
dYdX
gTrade (Gains Network)
Aster
Hyperliquid
HTXKraken Futures2.9161+0.277%
BloFin2.9170+0.309%Variational Omni2.9187+0.370%edgeX2.9190+0.377%Coinbase International2.9250+0.585%Injective2.9638+1.919%
BloFin
Variational Omni
Coinbase International
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | −0.178% | −0.0388% | 8h | $16.9M | $15.6M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.076% | +0.0067% | 8h | $5.8M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | −0.076% | −0.0238% | 8h | $1.8M | $2.4M | 50x | as long as short |
| BingX ICP-USDT | −0.076% | +0.0100% | 8h | — | $4.2M | — | as long as short |
| Binance ICPUSDT | −0.055% | +0.0051% | 8h | $28.4M | $45.1M | 75x | as long as short |
| MEXC ICP_USDT | −0.041% | +0.0049% | 8h | $17.9M | $7.1M | 50x | as long as short |
| Bitget ICPUSDT | −0.041% | +0.0100% | 8h | $6.7M | $3.8M | 50x | as long as short |
| SunX ICP-USDT | −0.041% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| Phemex ICPUSDT | −0.041% | +0.0100% | 8h | $1.7M | $798K | 50x | as long as short |
| Pacifica ICP | −0.019% | +0.0100% | 1h | $132K | $10K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX ICP/USD [WBTC.b-USDC] | −0.019% | L +0.0371% / S −0.0257% | 1h | $31K | — | 100x | as long as short |
| Extended ICP-USD | −0.016% | +0.0048% | 1h | $24K | $133K | 10x | as long as short |
| Lighter ICP | −0.007% | +0.0096% | 1h | $137K | $334K | 5x | as long as short |
| KuCoin ICPUSDTM | −0.007% | +0.0100% | 8h | $5.2M | $11.6M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $260 | $366 | 50x | |
| dYdX ICP-USD | +0.017% | 0.0000% | 1h | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.026% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Aster ICPUSDT | +0.054% | +0.0100% | 8h | $169K | $1.7M | 20x | as long as short |
| Hyperliquid ICP | +0.072% | +0.0291% | 1h | $4.6M | $3.4M | 5x | as long as short |
| HTX ICP-USDT | +0.096% | +0.0100% | 8h | $110K | $167K | 20x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.098% | +0.0157% | 1h | $477K | $537K | 50x | |
| BloFin ICP-USDT | +0.130% | +0.0170% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Variational Omni ICP | +0.190% | −0.0388% | 8h | $1.1M | $102K | — | as long as short |
| edgeX ICPUSDC | +0.198% | +0.0100% | 4h | $23K | $278K | 10x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.405% | +0.0120% | 1h | $61K | $86K | 50x | as long as short |
| Injective ICP/USDC PERP | +1.737% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |