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

ICP

all ICP markets
SwapFunding view
Alert
Spread before costs (cost unknown: a leg has no order-book sample)−0.101%
7d average−0.152%if it closes, per $10,000$10funding while held, a day−$11.46
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT2.97700.0016pay 0.0016% / 8h7h 43m$18.5M$7.1M50x
ShortPhemex ICPUSDT2.9740−0.0366pay 0.0366% / 8h7h 43m$1.8M$783K50x

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
−$10.08
Funding while held
−$11.46
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$33.54
Spread needed to break even
0.120%
Slippage unknown: MEXC: live order book, 2 min ago; Phemex: live order book, 1 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
−0.0382%
Per $10,000 a day
$11.46
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, 2 min ago1.68 bp3.1 bp −$37.1 bp −$7148.7 bp −$4,871133.6 bp −$66.8K
Sell Phemex live order book, 1 min ago31.95 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ICP price on every exchange

against the cheapest. Click to use as the short leg.

ICP on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Variational Omni ICP−0.600%−0.0354%8h$1.0M$83Kas long as short
edgeX ICPUSDC−0.595%+0.0100%4h$23K$277K10xas long as short
Injective ICP/USDC PERP−0.443%+0.0033%1h$202$130K12xas long as short
BloFin ICP-USDT−0.134%+0.0066%8h$1.2M$2.4M75xas long as short
SunX ICP-USDT−0.101%+0.0100%8h$2K$1.8M20xas long as short
Phemex ICPUSDTshort−0.101%−0.0366%8h$1.8M$783K50x
BingX ICP-USDT−0.067%+0.0100%8h$3.6Mas long as short
Extended ICP-USD−0.058%+0.0016%1h$26K$133K10xas long as short
Binance ICPUSDT−0.034%+0.0016%8h$29.1M$47.4M75xas long as short
Bybit ICPUSDT−0.034%+0.0089%8h$16.7M$15.2M75xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
OKX ICP-USDT-SWAP−0.034%+0.0007%8h$5.8M$15.8M50xas long as short
KuCoin ICPUSDTM−0.034%+0.0100%8h$5.0M$11.4M50xas long as short
Deribit ICP_USDC-PERPETUAL−0.007%−0.0220%1h$265$36650xas long as short
Gate ICP_USDT0.000%+0.0079%8h$1.8M$2.0M50xas long as short
MEXC ICP_USDTlong0.000%+0.0016%8h$18.5M$7.1M50x
Bitget ICPUSDT0.000%+0.0100%8h$6.9M$3.9M50xas long as short
Aster ICPUSDT+0.011%+0.0100%8h$185K$1.9M20xas long as short
Lighter ICP+0.024%+0.0096%1h$145K$310K5xas long as short
gTrade (Gains Network) ICP/USD+0.032%L +0.0006% / S −0.0010%1h$26K150xas long as short
Coinbase International ICP-PERP-INTX+0.034%+0.0096%1h$68K$120K50xas long as short
HTX ICP-USDT+0.034%+0.0100%8h$112K$289K20xas long as short
dYdX ICP-USD+0.035%0.0000%1h$71K$3K5xas long as short
Pacifica ICP+0.037%+0.0100%1h$135K$11K5xas long as short
GMX ICP/USD [WBTC.b-USDC]+0.043%L +0.0377% / S −0.0257%1h$32K100xas long as short
Kraken Futures PF_ICPUSD+0.105%−0.0089%1h$512K$512K50xas long as short
Hyperliquid ICP+0.158%+0.0317%1h$4.8M$3.6M5xas long as short