data as of
Settings8H · net · $10k
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Price arb /

ICP

all ICP markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

After costs, if the gap returns to its 7d average, $10k−$64
spread now−0.028%7d average+0.013%fees + slippage, in and out−$60spread needed0.603%
Long on LighterShort on Pacifica
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ICP2.94430.0096pay 0.0012% / 1h20m 45s$143K$311K5x
ShortPacifica ICP2.94350.0100get 0.0013% / 1h20m 45s$133K$11K5x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$2.8
Funding while held
$0.12
Slippage, 4 orders
−$52.32
Fee Lighter: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$63
Spread needed to break even
0.603%
Slippage from Lighter: live order book, 6 min ago; Pacifica: live order book, 23 min ago.

Cost of waiting

funding view
Funding /8h
+0.0004%
Per $10,000 a day
+$0.12
Average in range /8h
—

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago1.52 bp3.2 bp −$328.0 bp −$280doesn't fitdoesn't fit
Sell Pacifica live order book, 23 min ago14.61 bp22.8 bp −$23doesn't fitdoesn't fitdoesn't fit

ICP price on every exchange

against the cheapest. Click to use as the short leg.
OKX2.9400cheapestBinance2.9410+0.034%Bybit2.9410+0.034%MEXC2.9420+0.068%BloFin2.9420+0.068%
Pacifica2.9435+0.118%
Lighter2.9443+0.146%
Gate2.9450+0.170%KuCoin2.9450+0.170%BingX2.9450+0.170%SunX2.9450+0.170%dYdX2.9450+0.171%Extended2.9456+0.191%Bitget2.9460+0.204%Aster2.9470+0.238%Deribit2.9491+0.310%Hyperliquid2.9499+0.337%gTrade (Gains Network)2.9501+0.344%GMX2.9503+0.350%Kraken Futures2.9516+0.393%edgeX2.9519+0.404%Phemex2.9520+0.408%HTX2.9540+0.476%Variational Omni2.9585+0.631%Coinbase International2.9590+0.646%Injective2.9638+0.810%

ICP on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ICP-USDT-SWAP−0.146%−0.0018%8h$5.8M$15.1M50xas long as short
Binance ICPUSDT−0.112%−0.0017%8h$28.8M$45.8M75xas long as short
Bybit ICPUSDT−0.112%−0.0208%8h$16.5M$15.0M75xas long as short
MEXC ICP_USDT−0.078%−0.0013%8h$18.2M$7.2M50xas long as short
BloFin ICP-USDT−0.078%+0.0106%8h$1.2M$2.4M75xas long as short
Pacifica ICPshort−0.028%+0.0100%1h$133K$11K5x
Lighter ICPlong0.000%+0.0096%1h$143K$311K5x
Gate ICP_USDT+0.024%−0.0219%8h$1.8M$2.1M50xas long as short
KuCoin ICPUSDTM+0.024%+0.0100%8h$5.0M$11.4M50xas long as short
BingX ICP-USDT+0.024%+0.0100%8h—$4.1M—as long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
SunX ICP-USDT+0.024%+0.0100%8h$1K$1.7M20xas long as short
dYdX ICP-USD+0.025%0.0000%1h$70K$3K5xas long as short
Extended ICP-USD+0.045%−0.0016%1h$24K$135K10xas long as short
Bitget ICPUSDT+0.058%+0.0100%8h$6.8M$3.9M50xas long as short
Aster ICPUSDT+0.092%+0.0100%8h$183K$1.8M20xas long as short
Deribit ICP_USDC-PERPETUAL+0.163%−0.0292%1h$263$36650xas long as short
Hyperliquid ICP+0.190%+0.0156%1h$4.7M$3.4M5xas long as short
gTrade (Gains Network) ICP/USD+0.197%L +0.0006% / S −0.0010%1h$26K—150xas long as short
GMX ICP/USD [WBTC.b-USDC]+0.203%L +0.0375% / S −0.0257%1h$31K—100xas long as short
Kraken Futures PF_ICPUSD+0.246%−0.0090%1h$507K$509K50xas long as short
edgeX ICPUSDC+0.257%+0.0100%4h$23K$276K10xas long as short
Phemex ICPUSDT+0.262%+0.0100%8h$1.8M$812K50xas long as short
HTX ICP-USDT+0.329%+0.0100%8h$112K$279K20xas long as short
Variational Omni ICP+0.484%−0.0342%8h$1.1M$102K—as long as short
Coinbase International ICP-PERP-INTX+0.499%+0.0096%1h$67K$114K50xas long as short
Injective ICP/USDC PERP+0.662%+0.0033%1h$202$130K12xas long as short