After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.220%7d average−0.146%fees + slippage, in and out−$45spread needed0.449%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ICP | 2.9585 | 0.0434 | pay 0.0054% / 1h | 11m 42s | $4.8M | $3.7M | 5x |
| Short | BloFin ICP-USDT | 2.9520 | 0.0057 | get 0.0057% / 8h | 11m 42s | $1.2M | $2.4M | 75x |
Price 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
- −$21.97
- Funding while held
- −$11.31
- Slippage, 4 orders
- −$23.91
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$78.19
- Spread needed to break even
- 0.449%
Slippage from Hyperliquid: live order book, 2 min ago; BloFin: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0377%
- Per $10,000 a day
- −$11.31
- 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, 2 min ago | 0.17 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.69 bp | 8.2 bp −$8 | 17.0 bp −$170 | 69.6 bp −$6,961 | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.ICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.448% | −0.0369% | 8h | $1.0M | $83K | — | as long as short |
| edgeX ICPUSDC | −0.316% | +0.0100% | 4h | $23K | $277K | 10x | as long as short |
| SunX ICP-USDT | −0.287% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Phemex ICPUSDT | −0.287% | −0.0624% | 8h | $1.7M | $752K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.226% | −0.0258% | 1h | $263 | $366 | 50x | as long as short |
| OKX ICP-USDT-SWAP | −0.220% | −0.0018% | 8h | $5.7M | $16.0M | 50x | as long as short |
| Gate ICP_USDT | −0.220% | −0.0001% | 8h | $1.8M | $2.3M | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | −0.220% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| BloFin ICP-USDTshort | −0.220% | +0.0057% | 8h | $1.2M | $2.4M | 75x | |
| GMX ICP/USD [WBTC.b-USDC] | −0.208% | L +0.0357% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | −0.186% | −0.0176% | 8h | $16.6M | $15.4M | 75x | as long as short |
| BingX ICP-USDT | −0.186% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| dYdX ICP-USD | −0.177% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Extended ICP-USD | −0.170% | +0.0008% | 1h | $26K | $133K | 10x | as long as short |
| Binance ICPUSDT | −0.152% | +0.0006% | 8h | $28.7M | $47.8M | 75x | as long as short |
| MEXC ICP_USDT | −0.152% | +0.0004% | 8h | $18.6M | $7.4M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.152% | +0.0100% | 8h | $5.0M | $11.3M | 50x | as long as short |
| Bitget ICPUSDT | −0.152% | +0.0100% | 8h | $6.9M | $4.0M | 50x | as long as short |
| Aster ICPUSDT | −0.127% | +0.0100% | 8h | $177K | $1.9M | 20x | as long as short |
| Kraken Futures PF_ICPUSD | −0.102% | −0.0670% | 1h | $508K | $558K | 50x | as long as short |
| Lighter ICP | −0.101% | +0.0096% | 1h | $144K | $321K | 5x | as long as short |
| Pacifica ICP | −0.098% | +0.0100% | 1h | $134K | $10K | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | −0.085% | +0.0096% | 1h | $67K | $120K | 50x | as long as short |
| HTX ICP-USDT | −0.085% | +0.0100% | 8h | $112K | $285K | 20x | as long as short |
| Hyperliquid ICPlong | 0.000% | +0.0434% | 1h | $4.8M | $3.7M | 5x | |
| Injective ICP/USDC PERP | +0.179% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |
Hyperliquid ICP
BloFin ICP-USDT
Variational Omni
SunX
Phemex
Deribit
OKX
Gate
gTrade (Gains Network)
GMX
Bybit
BingX
Extended
Binance
MEXC
KuCoin
Bitget
Aster
Kraken Futures
Lighter
Pacifica
Coinbase International
HTX
Injective