Spread before costs (cost unknown: a leg has no order-book sample)+0.005%
7d average—if it closes, per $10,000$0funding while held, a day−$10.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 2.9739 | L +0.0376% / S −0.0257% | pay 0.0047% / 1h | 44m 17s | $32K | — | 100x |
| Short | gTrade (Gains Network) ICP/USD | 2.9740 | L +0.0006% / S −0.0010% | get 0.0001% / 1h | 44m 17s | $26K | — | 150x |
GMX ICP/USD [WBTC.b-USDC]
gTrade (Gains Network) ICP/USDPrice 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
- $0.49
- Funding while held
- −$10.99
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$32.51
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0366%
- Per $10,000 a day
- −$10.99
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
GMX and 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 Omni2.9591cheapestedgeX2.9593+0.006%SunX2.9630+0.131%BloFin2.9630+0.131%Injective2.9638+0.158%HTX2.9650+0.198%Phemex2.9660+0.232%Coinbase International2.9670+0.266%dYdX2.9695+0.350%MEXC2.9700+0.367%Lighter2.9702+0.374%Extended2.9708+0.395%Kraken Futures2.9709+0.398%KuCoin2.9710+0.401%BingX2.9710+0.401%Pacifica2.9711+0.406%Aster2.9712+0.408%Bybit2.9720+0.435%OKX2.9720+0.435%Gate2.9720+0.435%Bitget2.9720+0.435%Binance2.9722+0.442%Deribit2.9734+0.482%
Variational Omni
SunX
BloFin
Injective
HTX
Phemex
Coinbase International
dYdX
MEXC
Lighter
Extended
Kraken Futures
KuCoin
BingX
Pacifica
Aster
Bybit
OKX
Gate
Bitget
Binance
DeribitGMX2.9739+0.498%
gTrade (Gains Network)2.9740+0.502%
Hyperliquid2.9761+0.573%
HyperliquidICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.495% | −0.0354% | 8h | $1.0M | $83K | — | as long as short |
| edgeX ICPUSDC | −0.489% | +0.0100% | 4h | $23K | $277K | 10x | as long as short |
| SunX ICP-USDT | −0.365% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
| BloFin ICP-USDT | −0.365% | +0.0060% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Injective ICP/USDC PERP | −0.338% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |
| HTX ICP-USDT | −0.298% | +0.0100% | 8h | $112K | $289K | 20x | as long as short |
| Phemex ICPUSDT | −0.264% | −0.0266% | 8h | $1.7M | $778K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | −0.231% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| dYdX ICP-USD | −0.146% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| MEXC ICP_USDT | −0.130% | +0.0015% | 8h | $18.5M | $7.1M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ICP | −0.123% | +0.0096% | 1h | $145K | $310K | 5x | as long as short |
| Extended ICP-USD | −0.102% | +0.0016% | 1h | $26K | $133K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | −0.099% | −0.0090% | 1h | $510K | $513K | 50x | as long as short |
| KuCoin ICPUSDTM | −0.096% | +0.0100% | 8h | $5.0M | $11.4M | 50x | as long as short |
| BingX ICP-USDT | −0.096% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Pacifica ICP | −0.091% | +0.0100% | 1h | $135K | $11K | 5x | as long as short |
| Aster ICPUSDT | −0.089% | +0.0100% | 8h | $184K | $1.9M | 20x | as long as short |
| Bybit ICPUSDT | −0.062% | +0.0034% | 8h | $16.6M | $15.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.062% | +0.0005% | 8h | $5.8M | $15.6M | 50x | as long as short |
| Gate ICP_USDT | −0.062% | +0.0061% | 8h | $1.8M | $2.0M | 50x | as long as short |
| Bitget ICPUSDT | −0.062% | +0.0100% | 8h | $6.9M | $3.9M | 50x | as long as short |
| Binance ICPUSDT | −0.056% | +0.0016% | 8h | $29.0M | $47.3M | 75x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.015% | −0.0086% | 1h | $265 | $366 | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | 0.000% | L +0.0376% / S −0.0257% | 1h | $32K | — | 100x | |
| gTrade (Gains Network) ICP/USDshort | +0.005% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | |
| Hyperliquid ICP | +0.075% | +0.0307% | 1h | $4.8M | $3.6M | 5x | as long as short |