Spread before costs (cost unknown: a leg has no order-book sample)+0.109%
7d average−0.140%if it closes, per $10,000$11funding while held, a day+$8.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 2.9594 | −0.0669 | get 0.0084% / 1h | 43m 53s | $508K | $558K | 50x |
| Short | Variational Omni ICP | 2.9627 | −0.0372 | pay 0.0372% / 8h | 43m 53s | $1.1M | $80K | — |
Kraken Futures PF_ICPUSD
Variational Omni ICPPrice 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
- $10.86
- Funding while held
- $8.93
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $9.79
- Spread needed to break even
- 0.100%
Slippage unknown: Kraken Futures: live order book, 6 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0298%
- Per $10,000 a day
- +$8.93
- 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, 6 min ago | 11.77 bp | 17.7 bp −$18 | 38.6 bp −$386 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 4.41 bp | doesn't fit | 17.8 bp −$178 | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.OKX2.9510cheapestBybit2.9520+0.034%BingX2.9540+0.102%Binance2.9542+0.110%Gate2.9550+0.136%KuCoin2.9550+0.136%Extended2.9553+0.145%MEXC2.9560+0.169%SunX2.9560+0.169%Deribit2.9565+0.186%Bitget2.9570+0.203%Aster2.9592+0.277%GMX2.9594+0.285%
OKX
Bybit
BingX
Binance
Gate
KuCoin
Extended
MEXC
SunX
Deribit
Bitget
Aster
GMXKraken Futures2.9594+0.286%
gTrade (Gains Network)2.9596+0.293%Lighter2.9598+0.298%Coinbase International2.9600+0.305%Hyperliquid2.9612+0.346%HTX2.9620+0.373%
gTrade (Gains Network)
Lighter
Coinbase International
Hyperliquid
HTXVariational Omni2.9627+0.395%
Pacifica2.9627+0.395%dYdX2.9637+0.431%Injective2.9638+0.434%Phemex2.9640+0.441%BloFin2.9650+0.474%edgeX2.9664+0.522%
Pacifica
dYdX
Injective
Phemex
BloFinICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | −0.285% | −0.0023% | 8h | $5.8M | $15.9M | 50x | as long as short |
| Bybit ICPUSDT | −0.252% | −0.0209% | 8h | $16.5M | $15.1M | 75x | as long as short |
| BingX ICP-USDT | −0.184% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Binance ICPUSDT | −0.176% | +0.0012% | 8h | $28.6M | $47.3M | 75x | as long as short |
| Gate ICP_USDT | −0.150% | −0.0008% | 8h | $1.8M | $2.3M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.150% | +0.0100% | 8h | $5.0M | $11.1M | 50x | as long as short |
| Extended ICP-USD | −0.141% | +0.0016% | 1h | $26K | $133K | 10x | as long as short |
| MEXC ICP_USDT | −0.116% | +0.0012% | 8h | $18.5M | $7.2M | 50x | as long as short |
| SunX ICP-USDT | −0.116% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.100% | −0.1034% | 1h | $163 | $167 | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget ICPUSDT | −0.083% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| Aster ICPUSDT | −0.010% | +0.0100% | 8h | $177K | $1.9M | 20x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | −0.001% | L +0.0357% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSDlong | 0.000% | −0.0669% | 1h | $508K | $558K | 50x | |
| gTrade (Gains Network) ICP/USD | +0.007% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Lighter ICP | +0.012% | +0.0096% | 1h | $146K | $319K | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.019% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| Hyperliquid ICP | +0.059% | +0.0907% | 1h | $4.9M | $3.6M | 5x | as long as short |
| HTX ICP-USDT | +0.086% | +0.0100% | 8h | $112K | $284K | 20x | as long as short |
| Variational Omni ICPshort | +0.109% | −0.0372% | 8h | $1.1M | $80K | — | |
| Pacifica ICP | +0.109% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| dYdX ICP-USD | +0.145% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Injective ICP/USDC PERP | +0.147% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |
| Phemex ICPUSDT | +0.154% | −0.0759% | 8h | $1.7M | $757K | 50x | as long as short |
| BloFin ICP-USDT | +0.188% | +0.0049% | 8h | $1.2M | $2.4M | 75x | as long as short |
| edgeX ICPUSDC | +0.236% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |