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+$2.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ICP/USD | 2.9380 | L +0.0006% / S −0.0010% | pay 0.0001% / 1h | 53m 12s | $26K | — | 150x |
| Short | Lighter ICP | 2.9378 | 0.0096 | get 0.0012% / 1h | 53m 12s | $141K | $320K | 5x |
gTrade (Gains Network) 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
- $2.69
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$7.99
- Spread needed to break even
- 0.100%
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 34 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0090%
- Per $10,000 a day
- +$2.69
- 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 Lighter live order book, 34 min ago | 1.52 bp | 8.7 bp −$9 | 34.3 bp −$343 | 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.Variational Omni2.9286cheapestedgeX2.9291+0.016%Bybit2.9320+0.115%Gate2.9330+0.149%BingX2.9340+0.183%BloFin2.9340+0.183%Bitget2.9350+0.217%SunX2.9350+0.217%Extended2.9359+0.248%Aster2.9360+0.252%OKX2.9360+0.252%MEXC2.9360+0.252%KuCoin2.9360+0.252%GMX2.9361+0.256%Binance2.9362+0.258%dYdX2.9363+0.262%Pacifica2.9366+0.272%Deribit2.9373+0.296%
Variational Omni
Bybit
Gate
BingX
BloFin
Bitget
SunX
Extended
Aster
OKX
MEXC
KuCoin
GMX
Binance
dYdX
Pacifica
DeribitLighter2.9378+0.313%
gTrade (Gains Network)2.9380+0.320%
Kraken Futures2.9388+0.346%Coinbase International2.9400+0.388%Hyperliquid2.9409+0.421%Phemex2.9410+0.422%HTX2.9430+0.491%Injective2.9638+1.201%
Kraken Futures
Coinbase International
Hyperliquid
Phemex
HTX
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.319% | −0.0387% | 8h | $1.1M | $101K | — | as long as short |
| edgeX ICPUSDC | −0.303% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| Bybit ICPUSDT | −0.204% | −0.0521% | 8h | $17.2M | $15.4M | 75x | as long as short |
| Gate ICP_USDT | −0.170% | −0.0117% | 8h | $1.9M | $2.2M | 50x | as long as short |
| BingX ICP-USDT | −0.136% | +0.0100% | 8h | — | $4.1M | — | as long as short |
| BloFin ICP-USDT | −0.136% | +0.0118% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Bitget ICPUSDT | −0.102% | +0.0100% | 8h | $6.8M | $3.9M | 50x | as long as short |
| SunX ICP-USDT | −0.102% | +0.0100% | 8h | $1K | $1.7M | 20x | as long as short |
| Extended ICP-USD | −0.072% | 0.0000% | 1h | $24K | $133K | 10x | as long as short |
| Aster ICPUSDT | −0.068% | +0.0084% | 8h | $180K | $1.7M | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | −0.068% | −0.0001% | 8h | $5.8M | $14.4M | 50x | as long as short |
| MEXC ICP_USDT | −0.068% | −0.0004% | 8h | $18.8M | $6.8M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.068% | +0.0100% | 8h | $5.0M | $11.4M | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | −0.063% | L +0.0373% / S −0.0257% | 1h | $31K | — | 100x | as long as short |
| Binance ICPUSDT | −0.062% | −0.0002% | 8h | $28.8M | $45.2M | 75x | as long as short |
| dYdX ICP-USD | −0.058% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Pacifica ICP | −0.048% | +0.0100% | 1h | $133K | $10K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.024% | 0.0000% | 1h | $262 | $366 | 50x | as long as short |
| Lighter ICPshort | −0.007% | +0.0096% | 1h | $141K | $320K | 5x | |
| gTrade (Gains Network) ICP/USDlong | 0.000% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | |
| Kraken Futures PF_ICPUSD | +0.026% | +0.0156% | 1h | $499K | $497K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.068% | +0.0120% | 1h | $67K | $108K | 50x | as long as short |
| Hyperliquid ICP | +0.100% | +0.0306% | 1h | $4.7M | $3.4M | 5x | as long as short |
| Phemex ICPUSDT | +0.102% | +0.0100% | 8h | $1.7M | $803K | 50x | as long as short |
| HTX ICP-USDT | +0.170% | +0.0100% | 8h | $111K | $217K | 20x | as long as short |
| Injective ICP/USDC PERP | +0.878% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |