Spread before costs (cost unknown: a leg has no order-book sample)+0.069%
7d average−0.112%if it closes, per $10,000$7funding while held, a day+$1.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ICP-USDT-SWAP | 2.9110 | 0.0065 | pay 0.0065% / 8h | 6h 12m | $5.8M | $14.2M | 50x |
| Short | Phemex ICPUSDT | 2.9130 | 0.0100 | get 0.0100% / 8h | 6h 12m | $1.7M | $798K | 50x |
OKX ICP-USDT-SWAP
Phemex ICPUSDTPrice 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
- $6.87
- Funding while held
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.08
- Spread needed to break even
- 0.220%
Slippage unknown: OKX: live order book, 2 min ago; Phemex: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0035%
- Per $10,000 a day
- +$1.05
- 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 OKX live order book, 2 min ago | 1.71 bp | 12.1 bp −$12 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 6.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.Bybit2.9110cheapest
BybitOKX2.9110cheapest
Gate2.9110cheapestMEXC2.9120+0.034%BingX2.9120+0.034%Extended2.9127+0.059%Binance2.9130+0.069%KuCoin2.9130+0.069%
Gate
MEXC
BingX
Extended
Binance
KuCoinPhemex2.9130+0.069%
Bitget2.9140+0.103%Lighter2.9148+0.131%Aster2.9149+0.134%gTrade (Gains Network)2.9150+0.137%GMX2.9150+0.139%Deribit2.9151+0.141%Pacifica2.9160+0.172%SunX2.9160+0.172%Hyperliquid2.9162+0.180%BloFin2.9170+0.206%Kraken Futures2.9173+0.218%Variational Omni2.9187+0.266%edgeX2.9190+0.274%dYdX2.9196+0.296%HTX2.9210+0.344%Coinbase International2.9250+0.481%Injective2.9638+1.814%
Bitget
Lighter
Aster
gTrade (Gains Network)
GMX
Deribit
Pacifica
SunX
Hyperliquid
BloFin
Kraken Futures
Variational Omni
dYdX
HTX
Coinbase International
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | 0.000% | −0.0387% | 8h | $17.0M | $15.6M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | 0.000% | +0.0065% | 8h | $5.8M | $14.2M | 50x | |
| Gate ICP_USDT | 0.000% | −0.0243% | 8h | $1.8M | $2.4M | 50x | as long as short |
| MEXC ICP_USDT | +0.034% | +0.0048% | 8h | $17.9M | $7.1M | 50x | as long as short |
| BingX ICP-USDT | +0.034% | +0.0100% | 8h | — | $4.2M | — | as long as short |
| Extended ICP-USD | +0.059% | +0.0048% | 1h | $24K | $133K | 10x | as long as short |
| Binance ICPUSDT | +0.069% | +0.0050% | 8h | $28.4M | $45.1M | 75x | as long as short |
| KuCoin ICPUSDTM | +0.069% | +0.0100% | 8h | $5.1M | $11.5M | 50x | as long as short |
| Phemex ICPUSDTshort | +0.069% | +0.0100% | 8h | $1.7M | $798K | 50x | |
| Bitget ICPUSDT | +0.103% | +0.0100% | 8h | $6.7M | $3.8M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter ICP | +0.131% | +0.0096% | 1h | $137K | $334K | 5x | as long as short |
| Aster ICPUSDT | +0.134% | +0.0100% | 8h | $169K | $1.7M | 20x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.137% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.139% | L +0.0372% / S −0.0257% | 1h | $31K | — | 100x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.141% | 0.0000% | 1h | $260 | $366 | 50x | as long as short |
| Pacifica ICP | +0.172% | +0.0100% | 1h | $132K | $10K | 5x | as long as short |
| SunX ICP-USDT | +0.172% | +0.0100% | 8h | $1K | $1.7M | 20x | as long as short |
| Hyperliquid ICP | +0.180% | +0.0293% | 1h | $4.6M | $3.4M | 5x | as long as short |
| BloFin ICP-USDT | +0.206% | +0.0170% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.218% | +0.0157% | 1h | $477K | $537K | 50x | as long as short |
| Variational Omni ICP | +0.266% | −0.0388% | 8h | $1.1M | $102K | — | as long as short |
| edgeX ICPUSDC | +0.274% | +0.0100% | 4h | $23K | $278K | 10x | as long as short |
| dYdX ICP-USD | +0.296% | 0.0000% | 1h | $69K | $3K | 5x | as long as short |
| HTX ICP-USDT | +0.344% | +0.0100% | 8h | $110K | $167K | 20x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.481% | +0.0120% | 1h | $61K | $86K | 50x | as long as short |
| Injective ICP/USDC PERP | +1.814% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |