Spread before costs (cost unknown: a leg has no order-book sample)−0.048%
7d average−0.093%if it closes, per $10,000$5funding while held, a day−$3.28
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ICP | 2.9034 | 0.0209 | pay 0.0026% / 1h | 0m 02s | $4.5M | $3.5M | 5x |
| Short | Bitget ICPUSDT | 2.9020 | 0.0100 | get 0.0100% / 8h | 6h 00m | $6.7M | $4.0M | 50x |
Hyperliquid ICP
Bitget ICPUSDTPrice 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
- −$4.82
- Funding while held
- −$3.28
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.1
- Spread needed to break even
- 0.210%
Slippage unknown: Hyperliquid: live order book, 3 min ago; Bitget: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0109%
- Per $10,000 a day
- −$3.28
- 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 Hyperliquid live order book, 3 min ago | 0.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.73 bp | 11.3 bp −$11 | 31.1 bp −$311 | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.BloFin2.8820cheapestHTX2.8850+0.104%edgeX2.8939+0.413%Variational Omni2.8973+0.530%Bybit2.8980+0.555%OKX2.8990+0.590%Gate2.8990+0.590%BingX2.8990+0.590%SunX2.8990+0.590%MEXC2.9000+0.625%Pacifica2.9008+0.653%Extended2.9008+0.653%Deribit2.9009+0.656%GMX2.9010+0.659%Lighter2.9010+0.659%Binance2.9010+0.659%KuCoin2.9010+0.659%Kraken Futures2.9018+0.688%Aster2.9018+0.689%
BloFin
HTX
Variational Omni
Bybit
OKX
Gate
BingX
SunX
MEXC
Pacifica
Extended
Deribit
GMX
Lighter
Binance
KuCoin
Kraken Futures
AsterBitget2.9020+0.694%
Phemex2.9020+0.694%gTrade (Gains Network)2.9020+0.695%Coinbase International2.9030+0.729%
Phemex
gTrade (Gains Network)
Coinbase InternationalHyperliquid2.9034+0.743%
dYdX2.9036+0.751%Injective2.9638+2.838%
dYdX
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin ICP-USDT | −0.737% | +0.0174% | 8h | $1.2M | $2.4M | 75x | as long as short |
| HTX ICP-USDT | −0.634% | +0.0100% | 8h | $103K | $220K | 20x | as long as short |
| edgeX ICPUSDC | −0.327% | +0.0100% | 4h | $23K | $277K | 10x | as long as short |
| Variational Omni ICP | −0.211% | −0.0398% | 8h | $1.0M | $101K | — | as long as short |
| Bybit ICPUSDT | −0.186% | −0.0392% | 8h | $16.6M | $16.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.152% | +0.0069% | 8h | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | −0.152% | −0.0209% | 8h | $1.8M | $2.5M | 50x | as long as short |
| BingX ICP-USDT | −0.152% | +0.0100% | 8h | — | $4.2M | — | as long as short |
| SunX ICP-USDT | −0.152% | +0.0100% | 8h | $1K | $1.7M | 20x | as long as short |
| MEXC ICP_USDT | −0.117% | +0.0053% | 8h | $18.3M | $7.3M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica ICP | −0.089% | +0.0100% | 1h | $131K | $10K | 5x | as long as short |
| Extended ICP-USD | −0.088% | +0.0056% | 1h | $24K | $133K | 10x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.086% | −0.0129% | 1h | $259 | $366 | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | −0.083% | L +0.0346% / S −0.0230% | 1h | $29K | — | 100x | as long as short |
| Lighter ICP | −0.083% | +0.0096% | 1h | $137K | $342K | 5x | as long as short |
| Binance ICPUSDT | −0.083% | +0.0056% | 8h | $28.0M | $46.5M | 75x | as long as short |
| KuCoin ICPUSDTM | −0.083% | +0.0100% | 8h | $5.0M | $11.6M | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.054% | +0.0158% | 1h | $473K | $537K | 50x | as long as short |
| Aster ICPUSDT | −0.054% | +0.0091% | 8h | $183K | $1.8M | 20x | as long as short |
| Bitget ICPUSDTshort | −0.048% | +0.0100% | 8h | $6.7M | $4.0M | 50x | |
| Phemex ICPUSDT | −0.048% | +0.0100% | 8h | $1.7M | $798K | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | −0.048% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Coinbase International ICP-PERP-INTX | −0.014% | +0.0120% | 1h | $61K | $85K | 50x | as long as short |
| Hyperliquid ICPlong | 0.000% | +0.0209% | 1h | $4.5M | $3.5M | 5x | |
| dYdX ICP-USD | +0.008% | 0.0000% | 1h | $69K | $3K | 5x | as long as short |
| Injective ICP/USDC PERP | +2.080% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |