Spread before costs (cost unknown: a leg has no order-book sample)+0.055%
7d average—if it closes, per $10,000$5funding 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 | 2.9105 | L +0.0006% / S −0.0010% | pay 0.0001% / 1h | 41m 06s | $26K | — | 150x |
| Short | Hyperliquid ICP | 2.9121 | 0.0100 | get 0.0013% / 1h | 41m 06s | $4.5M | $3.5M | 5x |
gTrade (Gains Network) ICP/USD
Hyperliquid 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
- $5.46
- Funding while held
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$10.73
- Spread needed to break even
- 0.190%
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 2 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 Hyperliquid live order book, 2 min ago | 0.69 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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.Phemex2.9020cheapestBybit2.9070+0.172%OKX2.9070+0.172%Gate2.9070+0.172%Extended2.9080+0.206%MEXC2.9080+0.207%BingX2.9080+0.207%SunX2.9080+0.207%HTX2.9080+0.207%Lighter2.9083+0.217%Binance2.9090+0.241%KuCoin2.9090+0.241%BloFin2.9090+0.241%Deribit2.9094+0.255%GMX2.9096+0.263%edgeX2.9097+0.266%Bitget2.9100+0.276%Kraken Futures2.9101+0.281%
Phemex
Bybit
OKX
Gate
Extended
MEXC
BingX
SunX
HTX
Lighter
Binance
KuCoin
BloFin
Deribit
GMX
Bitget
Kraken FuturesgTrade (Gains Network)2.9105+0.293%
Pacifica2.9106+0.296%Aster2.9107+0.299%dYdX2.9115+0.328%Variational Omni2.9116+0.330%
Pacifica
Aster
dYdX
Variational OmniHyperliquid2.9121+0.348%
Coinbase International2.9150+0.448%Injective2.9638+2.130%
Coinbase International
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.292% | +0.0100% | 8h | $1.7M | $798K | 50x | as long as short |
| Bybit ICPUSDT | −0.121% | −0.0355% | 8h | $16.5M | $16.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.121% | +0.0071% | 8h | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | −0.121% | −0.0175% | 8h | $1.8M | $2.5M | 50x | as long as short |
| Extended ICP-USD | −0.087% | +0.0064% | 1h | $24K | $133K | 10x | as long as short |
| MEXC ICP_USDT | −0.086% | +0.0067% | 8h | $18.6M | $7.2M | 50x | as long as short |
| BingX ICP-USDT | −0.086% | +0.0100% | 8h | — | $4.6M | — | as long as short |
| SunX ICP-USDT | −0.086% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | −0.086% | +0.0100% | 8h | $104K | $218K | 20x | as long as short |
| Lighter ICP | −0.076% | +0.0096% | 1h | $137K | $278K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | −0.052% | +0.0068% | 8h | $28.1M | $46.9M | 75x | as long as short |
| KuCoin ICPUSDTM | −0.052% | +0.0100% | 8h | $5.1M | $11.8M | 50x | as long as short |
| BloFin ICP-USDT | −0.052% | +0.0188% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.038% | −0.0059% | 1h | $259 | $464 | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | −0.030% | L +0.0347% / S −0.0230% | 1h | $29K | — | 100x | as long as short |
| edgeX ICPUSDC | −0.028% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
| Bitget ICPUSDT | −0.018% | +0.0100% | 8h | $6.7M | $4.1M | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.012% | −0.0044% | 1h | $474K | $536K | 50x | as long as short |
| gTrade (Gains Network) ICP/USDlong | 0.000% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | |
| Pacifica ICP | +0.003% | +0.0100% | 1h | $132K | $11K | 5x | as long as short |
| Aster ICPUSDT | +0.006% | +0.0094% | 8h | $189K | $1.8M | 20x | as long as short |
| dYdX ICP-USD | +0.035% | 0.0000% | 1h | $69K | $3K | 5x | as long as short |
| Variational Omni ICP | +0.037% | −0.0394% | 8h | $1.0M | $110K | — | as long as short |
| Hyperliquid ICPshort | +0.055% | +0.0100% | 1h | $4.5M | $3.5M | 5x | |
| Coinbase International ICP-PERP-INTX | +0.154% | +0.0224% | 1h | $62K | $85K | 50x | as long as short |
| Injective ICP/USDC PERP | +1.831% | +0.0033% | 1h | $202 | $74K | 12x | as long as short |