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+$6
spread now+0.780%7d average+0.269%fees + slippage, in and out−$45spread needed0.454%
Long on MEXCShort on Coinbase International
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT2.95000.0100pay 0.0100% / 8h2h 31m$20.2M$6.4M50x
ShortCoinbase International ICP-PERP-INTX2.97300.0168get 0.0021% / 1h31m 54s$62K$108K50x

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
$77.97
Funding while held
$2.04
Slippage, 4 orders
−$35.38
Fee MEXC: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$34.62
Spread needed to break even
0.454%
Slippage from MEXC: live order book, 3 min ago; Coinbase International: live order book, 27 min ago.

Cost of waiting

funding view
Funding /8h
+0.0068%
Per $10,000 a day
+$2.04
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 MEXC live order book, 3 min ago1.69 bp1.7 bp −$26.6 bp −$6643.1 bp −$4,309124.4 bp −$62.2K
Sell Coinbase International live order book, 27 min ago13.45 bp18.5 bp −$18doesn't fitdoesn't fitdoesn't fit

ICP price on every exchange

against the cheapest. Click to use as the short leg.
Bybit2.9440cheapestExtended2.9451+0.036%Binance2.9459+0.065%OKX2.9480+0.136%Gate2.9480+0.136%BingX2.9480+0.136%SunX2.9490+0.170%Lighter2.9494+0.183%dYdX2.9499+0.199%
MEXC2.9500+0.204%
KuCoin2.9500+0.204%Phemex2.9500+0.204%Deribit2.9506+0.224%Bitget2.9510+0.238%HTX2.9520+0.272%Hyperliquid2.9523+0.282%Aster2.9525+0.287%Pacifica2.9527+0.296%Kraken Futures2.9530+0.307%gTrade (Gains Network)2.9532+0.313%GMX2.9546+0.359%BloFin2.9550+0.374%edgeX2.9586+0.497%Variational Omni2.9619+0.608%Injective2.9638+0.673%
Coinbase International2.9730+0.985%

ICP on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Bybit ICPUSDT−0.203%−0.0171%8h$16.7M$13.8M75xas long as short
Extended ICP-USD−0.167%+0.0104%1h$23K$127K10xas long as short
Binance ICPUSDT−0.138%+0.0100%8h$28.7M$44.5M75xas long as short
OKX ICP-USDT-SWAP−0.068%+0.0063%8h$5.8M$15.4M50xas long as short
Gate ICP_USDT−0.068%+0.0007%8h$1.8M$2.3M50xas long as short
BingX ICP-USDT−0.068%+0.0100%8h—$3.5M—as long as short
SunX ICP-USDT−0.034%+0.0100%8h$1K$1.7M20xas long as short
Lighter ICP−0.020%+0.0096%1h$144K$249K5xas long as short
dYdX ICP-USD−0.005%0.0000%1h$70K$3K5xas long as short
MEXC ICP_USDTlong0.000%+0.0100%8h$20.2M$6.4M50x
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
KuCoin ICPUSDTM0.000%+0.0100%8h$5.0M$10.1M50xas long as short
Phemex ICPUSDT0.000%−0.0937%8h$1.7M$696K50xas long as short
Deribit ICP_USDC-PERPETUAL+0.020%−0.0495%1h$163$15650xas long as short
Bitget ICPUSDT+0.034%+0.0100%8h$6.9M$3.7M50xas long as short
HTX ICP-USDT+0.068%+0.0100%8h$111K$282K20xas long as short
Hyperliquid ICP+0.078%+0.0232%1h$4.6M$3.3M5xas long as short
Aster ICPUSDT+0.083%+0.0100%8h$195K$1.8M20xas long as short
Pacifica ICP+0.092%+0.0100%1h$134K$11K5xas long as short
Kraken Futures PF_ICPUSD+0.103%+0.0022%1h$482K$531K50xas long as short
gTrade (Gains Network) ICP/USD+0.108%L +0.0006% / S −0.0010%1h$26K—150xas long as short
GMX ICP/USD [WBTC.b-USDC]+0.155%L +0.0428% / S −0.0357%1h$30K—100xas long as short
BloFin ICP-USDT+0.169%+0.0220%8h$1.2M$1.6M75xas long as short
edgeX ICPUSDC+0.292%+0.0100%4h$23K$274K10xas long as short
Variational Omni ICP+0.403%−0.0318%8h$1.0M$56K—as long as short
Injective ICP/USDC PERP+0.468%+0.0033%1h$202$191K12xas long as short
Coinbase International ICP-PERP-INTXshort+0.780%+0.0168%1h$62K$108K50x