Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.015%
Price spread now: gTrade (Gains Network) against OKX+0.179%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.179% dearer against OKX than usual: you sell high and buy low (spread +0.179% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.94200.0100pay 0.0100% / 8h4h 39m$5.6M$16.4M50x
ShortgTrade (Gains Network) ICP/USD2.9473L +0.0006% / S −0.0011%get 0.0001% / 1h39m 49s$22K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$18.7
Price spread: +0.179% → 0.000%
$17.88
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$20.82
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.70 bp12.1 bp −$1234.8 bp −$348doesn't fitdoesn'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 on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ICP-USD0.0000%1h2.9452+0.110%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9470+0.170%$263$46450xas long as short
gTrade (Gains Network) ICP/USDshortL +0.0006% / S −0.0011%1h2.9473+0.179%$22K150x
Injective ICP/USDC PERP+0.0033%1h2.9665+0.833%$202$200K12xas long as short
Variational Omni ICP+0.0087%8h2.9430+0.032%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9468+0.163%$157K$486K5xas long as short
Aster ICPUSDT+0.0100%8h2.9456+0.123%$268K$1.7M20xas long as short
Pacifica ICP+0.0100%1h2.9509+0.304%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9456+0.123%$28.9M$51.5M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9430+0.034%$17.0M$18.5M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAPlong+0.0100%8h2.9420long leg$5.6M$16.4M50x
Gate ICP_USDT+0.0100%8h2.9460+0.136%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9450+0.102%$19.7M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9450+0.102%$4.8M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9460+0.136%$6.9M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h2.9450+0.102%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9466+0.155%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9404−0.056%$569K$464K10xas long as short
SunX ICP-USDT+0.0100%8h2.9500+0.272%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9430+0.034%$103K$175K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9470+0.170%$1.7M$791K50xas long as short
Extended ICP-USD+0.0104%1h2.9433+0.043%$22K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9450+0.102%$1.2M$2.2M75xas long as short
Hyperliquid ICP+0.0271%1h2.9493+0.248%$4.6M$4.9M5xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9710+0.986%$67K$62K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0504% / S −0.0480%1h2.9479+0.199%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0572%1h2.9493+0.248%$518K$623K50xas long as short