Spread before costs (cost unknown: a leg has no order-book sample)+0.502%
7d average+1.019%if it closes, per $10,000$50funding while held, a day+$0.64
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 2.9490 | 0.0012 | pay 0.0012% / 8h | 43m 27s | $18.5M | $7.2M | 50x |
| Short | Injective ICP/USDC PERP | 2.9638 | 0.0033 | get 0.0004% / 1h | 43m 27s | $202 | $164K | 12x |
MEXC ICP_USDT
Injective ICP/USDC PERPPrice 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
- $50.19
- Funding while held
- $0.64
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $50.81
- Spread needed to break even
- 0.000%
Slippage unknown: MEXC: live order book, 2 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0021%
- Per $10,000 a day
- +$0.64
- 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 MEXC live order book, 2 min ago | 1.69 bp | 4.9 bp −$5 | 10.5 bp −$105 | 63.0 bp −$6,303 | 140.3 bp −$70.1K |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.Bybit2.9480cheapestOKX2.9480cheapest
Bybit
OKXMEXC2.9490+0.034%
Bitget2.9490+0.034%Binance2.9500+0.068%KuCoin2.9500+0.068%BingX2.9500+0.068%Extended2.9503+0.077%Gate2.9510+0.102%gTrade (Gains Network)2.9526+0.156%edgeX2.9554+0.252%SunX2.9560+0.271%Aster2.9561+0.276%Lighter2.9562+0.278%Deribit2.9565+0.288%Hyperliquid2.9566+0.292%Pacifica2.9576+0.325%GMX2.9594+0.388%Kraken Futures2.9594+0.388%Coinbase International2.9600+0.407%dYdX2.9601+0.410%HTX2.9620+0.475%Variational Omni2.9627+0.497%
Bitget
Binance
KuCoin
BingX
Extended
Gate
gTrade (Gains Network)
SunX
Aster
Lighter
Deribit
Hyperliquid
Pacifica
GMX
Kraken Futures
Coinbase International
dYdX
HTX
Variational OmniInjective2.9638+0.536%
Phemex2.9640+0.543%BloFin2.9650+0.577%
Phemex
BloFinICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | −0.034% | −0.0212% | 8h | $16.5M | $15.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | −0.034% | −0.0025% | 8h | $5.8M | $15.9M | 50x | as long as short |
| MEXC ICP_USDTlong | 0.000% | +0.0012% | 8h | $18.5M | $7.2M | 50x | |
| Bitget ICPUSDT | 0.000% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| Binance ICPUSDT | +0.034% | +0.0009% | 8h | $28.5M | $47.3M | 75x | as long as short |
| KuCoin ICPUSDTM | +0.034% | +0.0100% | 8h | $5.0M | $11.1M | 50x | as long as short |
| BingX ICP-USDT | +0.034% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Extended ICP-USD | +0.043% | +0.0016% | 1h | $26K | $133K | 10x | as long as short |
| Gate ICP_USDT | +0.068% | −0.0011% | 8h | $1.8M | $2.3M | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.122% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ICPUSDC | +0.218% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| SunX ICP-USDT | +0.237% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| Aster ICPUSDT | +0.242% | +0.0100% | 8h | $183K | $1.9M | 20x | as long as short |
| Lighter ICP | +0.244% | +0.0096% | 1h | $145K | $319K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.254% | −0.1034% | 1h | $163 | $167 | 50x | as long as short |
| Hyperliquid ICP | +0.258% | +0.0891% | 1h | $4.9M | $3.6M | 5x | as long as short |
| Pacifica ICP | +0.291% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.353% | L +0.0357% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.354% | −0.0669% | 1h | $508K | $558K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.373% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| dYdX ICP-USD | +0.376% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| HTX ICP-USDT | +0.441% | +0.0100% | 8h | $112K | $284K | 20x | as long as short |
| Variational Omni ICP | +0.463% | −0.0372% | 8h | $1.1M | $80K | — | as long as short |
| Injective ICP/USDC PERPshort | +0.502% | +0.0033% | 1h | $202 | $164K | 12x | |
| Phemex ICPUSDT | +0.509% | −0.0759% | 8h | $1.7M | $757K | 50x | as long as short |
| BloFin ICP-USDT | +0.543% | +0.0049% | 8h | $1.2M | $2.4M | 75x | as long as short |