Spread before costs (cost unknown: a leg has no order-book sample)+0.229%
7d average—if it closes, per $10,000$23funding while held, a day−$2.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9310 | 0.0100 | pay 0.0100% / 8h | 30m 42s | $5.0M | $11.2M | 50x |
| Short | gTrade (Gains Network) ICP/USD | 2.9377 | L +0.0006% / S −0.0010% | get 0.0001% / 1h | 30m 42s | $26K | — | 150x |
KuCoin ICPUSDTM
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
- $22.86
- Funding while held
- −$2.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$1.84
- Spread needed to break even
- 0.220%
Slippage unknown: KuCoin: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0090%
- Per $10,000 a day
- −$2.70
- 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 KuCoin live order book, 4 min ago | 5.11 bp | 24.5 bp −$24 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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.OKX2.9300cheapestBybit2.9310+0.034%Gate2.9310+0.034%MEXC2.9310+0.034%
OKX
Bybit
Gate
MEXCKuCoin2.9310+0.034%
Binance2.9311+0.036%Extended2.9313+0.043%Bitget2.9320+0.068%BingX2.9320+0.068%SunX2.9320+0.068%Deribit2.9331+0.106%Lighter2.9337+0.126%Variational Omni2.9342+0.144%Aster2.9360+0.205%BloFin2.9360+0.205%Hyperliquid2.9361+0.208%Pacifica2.9369+0.235%GMX2.9374+0.253%Kraken Futures2.9376+0.260%
Binance
Extended
Bitget
BingX
SunX
Deribit
Lighter
Variational Omni
Aster
BloFin
Hyperliquid
Pacifica
GMX
Kraken FuturesgTrade (Gains Network)2.9377+0.263%
edgeX2.9380+0.274%dYdX2.9389+0.304%Coinbase International2.9410+0.375%HTX2.9410+0.375%Phemex2.9450+0.512%Injective2.9638+1.154%
dYdX
Coinbase International
HTX
Phemex
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | −0.034% | −0.0025% | 8h | $5.7M | $15.9M | 50x | as long as short |
| Bybit ICPUSDT | 0.000% | −0.0212% | 8h | $16.5M | $15.3M | 75x | as long as short |
| Gate ICP_USDT | 0.000% | −0.0029% | 8h | $1.7M | $2.3M | 50x | as long as short |
| MEXC ICP_USDT | 0.000% | −0.0011% | 8h | $18.2M | $7.3M | 50x | as long as short |
| KuCoin ICPUSDTMlong | 0.000% | +0.0100% | 8h | $5.0M | $11.2M | 50x | |
| Binance ICPUSDT | +0.002% | −0.0011% | 8h | $28.2M | $47.8M | 75x | as long as short |
| Extended ICP-USD | +0.009% | −0.0008% | 1h | $26K | $133K | 10x | as long as short |
| Bitget ICPUSDT | +0.034% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| BingX ICP-USDT | +0.034% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| SunX ICP-USDT | +0.034% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | +0.072% | −0.0874% | 1h | $261 | $267 | 50x | as long as short |
| Lighter ICP | +0.092% | +0.0096% | 1h | $143K | $321K | 5x | as long as short |
| Variational Omni ICP | +0.110% | −0.0384% | 8h | $1.0M | $83K | — | as long as short |
| Aster ICPUSDT | +0.171% | +0.0100% | 8h | $164K | $1.9M | 20x | as long as short |
| BloFin ICP-USDT | +0.171% | +0.0109% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Hyperliquid ICP | +0.174% | +0.0519% | 1h | $4.7M | $3.7M | 5x | as long as short |
| Pacifica ICP | +0.201% | +0.0100% | 1h | $133K | $11K | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.219% | L +0.0356% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.226% | −0.0674% | 1h | $505K | $558K | 50x | as long as short |
| gTrade (Gains Network) ICP/USDshort | +0.229% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | |
| edgeX ICPUSDC | +0.240% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| dYdX ICP-USD | +0.270% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.341% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| HTX ICP-USDT | +0.341% | +0.0100% | 8h | $111K | $284K | 20x | as long as short |
| Phemex ICPUSDT | +0.478% | −0.0669% | 8h | $1.7M | $755K | 50x | as long as short |
| Injective ICP/USDC PERP | +1.119% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |