Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h −0.056%
Price spread now: Variational Omni against gTrade (Gains Network)+0.507%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.507% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) ICP/USD2.9903L +0.0006% / S −0.0011%pay 0.0001% / 1h55m 08s$23K150x
ShortVariational Omni ICP3.00550.0032get 0.0032% / 8h5h 55m$1.1M$116K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$5.37
Price spread: +0.507% → 0.000%
$50.71
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$46.08
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Variational Omni RFQ quote, 4 min ago4.40 bpdoesn't fit32.5 bp −$325doesn't fitdoesn'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 on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0118%1h2.9881−0.075%$266$46450xas long as short
dYdX ICP-USD0.0000%1h2.9965+0.206%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDlongL +0.0006% / S −0.0011%1h2.9903long leg$23K150x
Variational Omni ICPshort+0.0032%8h3.0055+0.507%$1.1M$116K
Injective ICP/USDC PERP+0.0033%1h2.9665−0.797%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9927+0.079%$163K$482K5xas long as short
Hyperliquid ICP+0.0100%1h2.9944+0.135%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9914+0.034%$273K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9944+0.137%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9918+0.050%$29.5M$53.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9910+0.022%$17.5M$18.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9920+0.056%$5.8M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9900−0.011%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9890−0.045%$19.0M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9890−0.045%$4.9M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9920+0.056%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h2.9910+0.022%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9866−0.126%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9861−0.142%$579K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9890−0.045%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9850−0.179%$104K$182K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9960+0.189%$1.8M$797K50xas long as short
Extended ICP-USD+0.0104%1h2.9883−0.068%$22K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0293%1h2.9925+0.074%$542K$610K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h3.0010+0.356%$65K$68K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h2.9897−0.022%$37K100xas long as short