After costs, if the gap returns to its 7d average, $10k−$90
spread now−0.046%7d average−0.070%fees + slippage, in and out−$92spread needed0.922%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 2.9453 | −0.0691 | get 0.0086% / 1h | 44m 54s | $485K | $541K | 50x |
| Short | Gate ICP_USDT | 2.9440 | −0.0013 | pay 0.0013% / 8h | 1h 44m | $1.8M | $2.3M | 50x |
Kraken Futures PF_ICPUSD
Gate ICP_USDTPrice 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
- −$4.57
- Funding while held
- $20.35
- Slippage, 4 orders
- −$67.2
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$76.42
- Spread needed to break even
- 0.922%
Slippage from Kraken Futures: live order book, 10 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0678%
- Per $10,000 a day
- +$20.35
- 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 Kraken Futures live order book, 10 min ago | 10.20 bp | 15.2 bp −$15 | 57.7 bp −$577 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 3.40 bp | 29.9 bp −$30 | 95.8 bp −$958 | 269.8 bp −$27.0K | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni2.9347cheapestBloFin2.9370+0.078%edgeX2.9383+0.120%Phemex2.9390+0.146%Pacifica2.9419+0.244%dYdX2.9423+0.258%Bybit2.9430+0.282%OKX2.9430+0.282%KuCoin2.9430+0.282%SunX2.9430+0.282%Aster2.9437+0.306%
Variational Omni
BloFin
Phemex
Pacifica
dYdX
Bybit
OKX
KuCoin
SunX
AsterGate2.9440+0.316%
BingX2.9440+0.316%Extended2.9441+0.319%Deribit2.9447+0.340%Binance2.9449+0.347%MEXC2.9450+0.350%Coinbase International2.9450+0.350%
BingX
Extended
Deribit
Binance
MEXC
Coinbase InternationalKraken Futures2.9453+0.362%
HTX2.9460+0.384%gTrade (Gains Network)2.9461+0.386%GMX2.9464+0.398%Lighter2.9465+0.401%Bitget2.9470+0.418%Hyperliquid2.9508+0.548%Injective2.9638+0.991%
HTX
gTrade (Gains Network)
GMX
Lighter
Bitget
Hyperliquid
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.361% | −0.0351% | 8h | $1.0M | $79K | — | as long as short |
| BloFin ICP-USDT | −0.283% | +0.0192% | 8h | $1.2M | $2.2M | 75x | as long as short |
| edgeX ICPUSDC | −0.241% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
| Phemex ICPUSDT | −0.215% | −0.0946% | 8h | $1.7M | $690K | 50x | as long as short |
| Pacifica ICP | −0.118% | +0.0100% | 1h | $133K | $11K | 5x | as long as short |
| dYdX ICP-USD | −0.104% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Bybit ICPUSDT | −0.080% | −0.0198% | 8h | $16.7M | $14.6M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.080% | +0.0007% | 8h | $5.8M | $15.7M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.080% | +0.0100% | 8h | $4.8M | $10.6M | 50x | as long as short |
| SunX ICP-USDT | −0.080% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | −0.056% | +0.0100% | 8h | $178K | $1.8M | 20x | as long as short |
| Gate ICP_USDTshort | −0.046% | −0.0013% | 8h | $1.8M | $2.3M | 50x | |
| BingX ICP-USDT | −0.046% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Extended ICP-USD | −0.043% | +0.0072% | 1h | $26K | $133K | 10x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.022% | −0.0429% | 1h | $163 | $298 | 50x | as long as short |
| Binance ICPUSDT | −0.015% | +0.0072% | 8h | $28.4M | $46.1M | 75x | as long as short |
| MEXC ICP_USDT | −0.012% | +0.0071% | 8h | $19.6M | $6.8M | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | −0.012% | +0.0128% | 1h | $66K | $118K | 50x | as long as short |
| Kraken Futures PF_ICPUSDlong | 0.000% | −0.0691% | 1h | $485K | $541K | 50x | |
| HTX ICP-USDT | +0.022% | +0.0100% | 8h | $111K | $283K | 20x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.024% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.035% | L +0.0427% / S −0.0357% | 1h | $30K | — | 100x | as long as short |
| Lighter ICP | +0.039% | +0.0096% | 1h | $149K | $309K | 5x | as long as short |
| Bitget ICPUSDT | +0.056% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| Hyperliquid ICP | +0.185% | +0.0329% | 1h | $4.7M | $3.4M | 5x | as long as short |
| Injective ICP/USDC PERP | +0.627% | +0.0033% | 1h | $202 | $191K | 12x | as long as short |