Spread before costs (cost unknown: a leg has no order-book sample)−0.103%
7d average—if it closes, per $10,000$10funding while held, a day+$2.81
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ICP/USD | 2.9630 | L +0.0006% / S −0.0010% | pay 0.0001% / 1h | 35m 12s | $26K | — | 150x |
| Short | BingX ICP-USDT | 2.9600 | 0.0100 | get 0.0100% / 8h | 1h 35m | — | $3.6M | — |
gTrade (Gains Network) ICP/USD
BingX 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
- −$10.29
- Funding while held
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.48
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; BingX: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0094%
- Per $10,000 a day
- +$2.81
- 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 3.39 bp | 8.4 bp −$8 | 14.1 bp −$141 | 47.0 bp −$4,701 | 485.7 bp −$242.9K |
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 price on every exchange
against the cheapest. Click to use as the short leg.edgeX2.9512cheapestVariational Omni2.9558+0.154%Phemex2.9590+0.264%OKX2.9600+0.297%KuCoin2.9600+0.297%
Variational Omni
Phemex
OKX
KuCoinBingX2.9600+0.297%
SunX2.9600+0.297%BloFin2.9600+0.297%Extended2.9601+0.300%Bybit2.9610+0.331%Gate2.9610+0.331%MEXC2.9610+0.331%Binance2.9615+0.349%Deribit2.9616+0.352%dYdX2.9618+0.358%Aster2.9620+0.365%Coinbase International2.9620+0.365%HTX2.9620+0.365%Pacifica2.9629+0.396%Bitget2.9630+0.399%GMX2.9630+0.399%
SunX
BloFin
Extended
Bybit
Gate
MEXC
Binance
Deribit
dYdX
Aster
Coinbase International
HTX
Pacifica
Bitget
GMXgTrade (Gains Network)2.9630+0.401%
Kraken Futures2.9634+0.413%Lighter2.9637+0.423%Injective2.9638+0.426%Hyperliquid2.9671+0.538%
Kraken Futures
Lighter
Injective
HyperliquidICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ICPUSDC | −0.399% | +0.0100% | 4h | $23K | $274K | 10x | as long as short |
| Variational Omni ICP | −0.245% | −0.0354% | 8h | $1.0M | $79K | — | as long as short |
| Phemex ICPUSDT | −0.137% | −0.0926% | 8h | $1.7M | $721K | 50x | as long as short |
| OKX ICP-USDT-SWAP | −0.103% | +0.0005% | 8h | $5.8M | $15.8M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.103% | +0.0100% | 8h | $4.8M | $10.7M | 50x | as long as short |
| BingX ICP-USDTshort | −0.103% | +0.0100% | 8h | — | $3.6M | — | |
| SunX ICP-USDT | −0.103% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| BloFin ICP-USDT | −0.103% | +0.0184% | 8h | $1.2M | $2.2M | 75x | as long as short |
| Extended ICP-USD | −0.100% | +0.0064% | 1h | $26K | $133K | 10x | as long as short |
| Bybit ICPUSDT | −0.069% | −0.0190% | 8h | $16.8M | $14.6M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ICP_USDT | −0.069% | −0.0015% | 8h | $1.8M | $2.3M | 50x | as long as short |
| MEXC ICP_USDT | −0.069% | +0.0063% | 8h | $19.5M | $6.9M | 50x | as long as short |
| Binance ICPUSDT | −0.052% | +0.0064% | 8h | $28.6M | $46.3M | 75x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.049% | −0.0593% | 1h | $164 | $298 | 50x | as long as short |
| dYdX ICP-USD | −0.043% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Aster ICPUSDT | −0.035% | +0.0100% | 8h | $179K | $1.8M | 20x | as long as short |
| Coinbase International ICP-PERP-INTX | −0.035% | +0.0128% | 1h | $66K | $119K | 50x | as long as short |
| HTX ICP-USDT | −0.035% | +0.0100% | 8h | $112K | $283K | 20x | as long as short |
| Pacifica ICP | −0.005% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| Bitget ICPUSDT | −0.002% | +0.0100% | 8h | $6.9M | $4.0M | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | −0.001% | L +0.0385% / S −0.0284% | 1h | $30K | — | 100x | as long as short |
| gTrade (Gains Network) ICP/USDlong | 0.000% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | |
| Kraken Futures PF_ICPUSD | +0.013% | −0.0687% | 1h | $488K | $546K | 50x | as long as short |
| Lighter ICP | +0.022% | +0.0096% | 1h | $149K | $309K | 5x | as long as short |
| Injective ICP/USDC PERP | +0.025% | +0.0033% | 1h | $202 | $191K | 12x | as long as short |
| Hyperliquid ICP | +0.137% | +0.0366% | 1h | $4.7M | $3.4M | 5x | as long as short |