Spread before costs (cost unknown: a leg has no order-book sample)+0.007%
7d average—if it closes, per $10,000$1funding while held, a day+$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ICP-USD | 2.9620 | 0 | get 0.0000% / 1h | 49m 34s | $70K | $3K | 5x |
| Short | Lighter ICP | 2.9622 | 0.0096 | get 0.0012% / 1h | 49m 34s | $145K | $310K | 5x |
dYdX ICP-USD
Lighter ICPPrice 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
- $0.68
- Funding while held
- $2.88
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.44
- Spread needed to break even
- 0.100%
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 43 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 43 min ago | 1.02 bp | 12.2 bp −$12 | 33.2 bp −$332 | doesn't fit | doesn't fit |
dYdX: 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.Variational Omni2.9533cheapestPhemex2.9550+0.059%edgeX2.9553+0.069%SunX2.9560+0.093%Bybit2.9580+0.161%Aster2.9585+0.179%Deribit2.9586+0.181%OKX2.9590+0.195%Gate2.9600+0.229%MEXC2.9600+0.229%KuCoin2.9600+0.229%Extended2.9606+0.250%Binance2.9610+0.262%Bitget2.9610+0.262%BingX2.9610+0.262%gTrade (Gains Network)2.9610+0.262%Coinbase International2.9610+0.262%GMX2.9612+0.269%
Variational Omni
Phemex
SunX
Bybit
Aster
Deribit
OKX
Gate
MEXC
KuCoin
Extended
Binance
Bitget
BingX
gTrade (Gains Network)
Coinbase International
GMXdYdX2.9620+0.296%
Lighter2.9622+0.303%
Pacifica2.9624+0.310%HTX2.9630+0.330%Kraken Futures2.9635+0.346%Injective2.9638+0.357%BloFin2.9640+0.364%Hyperliquid2.9661+0.435%
Pacifica
HTX
Kraken Futures
Injective
BloFin
HyperliquidICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.295% | −0.0349% | 8h | $1.0M | $84K | — | as long as short |
| Phemex ICPUSDT | −0.236% | −0.0442% | 8h | $1.7M | $765K | 50x | as long as short |
| edgeX ICPUSDC | −0.227% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| SunX ICP-USDT | −0.203% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Bybit ICPUSDT | −0.135% | −0.0257% | 8h | $16.6M | $15.3M | 75x | as long as short |
| Aster ICPUSDT | −0.117% | +0.0100% | 8h | $183K | $1.9M | 20x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.115% | −0.0324% | 1h | $264 | $366 | 50x | as long as short |
| OKX ICP-USDT-SWAP | −0.101% | −0.0004% | 8h | $5.8M | $15.7M | 50x | as long as short |
| Gate ICP_USDT | −0.068% | −0.0185% | 8h | $1.8M | $2.0M | 50x | as long as short |
| MEXC ICP_USDT | −0.068% | +0.0014% | 8h | $18.4M | $7.1M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ICPUSDTM | −0.068% | +0.0100% | 8h | $5.0M | $11.4M | 50x | as long as short |
| Extended ICP-USD | −0.046% | +0.0016% | 1h | $26K | $133K | 10x | as long as short |
| Binance ICPUSDT | −0.034% | +0.0013% | 8h | $28.9M | $47.4M | 75x | as long as short |
| Bitget ICPUSDT | −0.034% | +0.0100% | 8h | $6.9M | $3.9M | 50x | as long as short |
| BingX ICP-USDT | −0.034% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| gTrade (Gains Network) ICP/USD | −0.034% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Coinbase International ICP-PERP-INTX | −0.034% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | −0.027% | L +0.0358% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| dYdX ICP-USDlong | 0.000% | 0.0000% | 1h | $70K | $3K | 5x | |
| Lighter ICPshort | +0.007% | +0.0096% | 1h | $145K | $310K | 5x | |
| Pacifica ICP | +0.014% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| HTX ICP-USDT | +0.034% | +0.0100% | 8h | $111K | $288K | 20x | as long as short |
| Kraken Futures PF_ICPUSD | +0.050% | −0.0090% | 1h | $509K | $551K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.061% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |
| BloFin ICP-USDT | +0.068% | +0.0056% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Hyperliquid ICP | +0.138% | +0.0296% | 1h | $4.8M | $3.6M | 5x | as long as short |