Spread before costs (cost unknown: a leg has no order-book sample)+0.239%
7d average+0.423%if it closes, per $10,000$24funding while held, a day+$32.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ICPUSDT | 2.9350 | −0.0944 | get 0.0944% / 8h | 1h 45m | $1.7M | $690K | 50x |
| Short | Coinbase International ICP-PERP-INTX | 2.9420 | 0.0128 | get 0.0016% / 1h | 45m 45s | $66K | $118K | 50x |
Phemex ICPUSDT
Coinbase International ICP-PERP-INTXPrice 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
- $23.85
- Funding while held
- $32.17
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $34.02
- Spread needed to break even
- 0.220%
Slippage unknown: Phemex: live order book, 4 min ago; Coinbase International: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1072%
- Per $10,000 a day
- +$32.17
- 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 Phemex live order book, 4 min ago | 5.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 8 min ago | 11.93 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.edgeX2.9283cheapestVariational Omni2.9347+0.219%
Variational OmniPhemex2.9350+0.229%
BloFin2.9370+0.297%Extended2.9374+0.310%Binance2.9380+0.331%SunX2.9380+0.331%HTX2.9380+0.331%Aster2.9385+0.347%Bybit2.9390+0.365%OKX2.9390+0.365%KuCoin2.9390+0.365%Pacifica2.9398+0.394%Gate2.9400+0.399%MEXC2.9400+0.399%BingX2.9400+0.399%Deribit2.9400+0.399%Lighter2.9408+0.427%gTrade (Gains Network)2.9409+0.430%Bitget2.9410+0.434%Kraken Futures2.9411+0.438%GMX2.9412+0.442%
BloFin
Extended
Binance
SunX
HTX
Aster
Bybit
OKX
KuCoin
Pacifica
Gate
MEXC
BingX
Deribit
Lighter
gTrade (Gains Network)
Bitget
Kraken Futures
GMXCoinbase International2.9420+0.468%
dYdX2.9423+0.478%Hyperliquid2.9461+0.608%Injective2.9638+1.212%
dYdX
Hyperliquid
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ICPUSDC | −0.228% | +0.0100% | 4h | $23K | $274K | 10x | as long as short |
| Variational Omni ICP | −0.009% | −0.0351% | 8h | $1.0M | $79K | — | as long as short |
| Phemex ICPUSDTlong | 0.000% | −0.0944% | 8h | $1.7M | $690K | 50x | |
| BloFin ICP-USDT | +0.068% | +0.0195% | 8h | $1.2M | $2.2M | 75x | as long as short |
| Extended ICP-USD | +0.081% | +0.0072% | 1h | $26K | $133K | 10x | as long as short |
| Binance ICPUSDT | +0.102% | +0.0072% | 8h | $28.3M | $46.1M | 75x | as long as short |
| SunX ICP-USDT | +0.102% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.102% | +0.0100% | 8h | $111K | $283K | 20x | as long as short |
| Aster ICPUSDT | +0.118% | +0.0100% | 8h | $177K | $1.8M | 20x | as long as short |
| Bybit ICPUSDT | +0.136% | −0.0197% | 8h | $16.6M | $14.6M | 75x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.136% | +0.0005% | 8h | $5.7M | $15.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.136% | +0.0100% | 8h | $4.8M | $10.6M | 50x | as long as short |
| Pacifica ICP | +0.165% | +0.0100% | 1h | $133K | $11K | 5x | as long as short |
| Gate ICP_USDT | +0.170% | −0.0010% | 8h | $1.8M | $2.3M | 50x | as long as short |
| MEXC ICP_USDT | +0.170% | +0.0074% | 8h | $19.6M | $6.8M | 50x | as long as short |
| BingX ICP-USDT | +0.170% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.170% | −0.0498% | 1h | $162 | $298 | 50x | as long as short |
| Lighter ICP | +0.198% | +0.0096% | 1h | $148K | $309K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.201% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Bitget ICPUSDT | +0.204% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| Kraken Futures PF_ICPUSD | +0.209% | −0.0692% | 1h | $484K | $541K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.213% | L +0.0426% / S −0.0357% | 1h | $30K | — | 100x | as long as short |
| Coinbase International ICP-PERP-INTXshort | +0.239% | +0.0128% | 1h | $66K | $118K | 50x | |
| dYdX ICP-USD | +0.249% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Hyperliquid ICP | +0.378% | +0.0317% | 1h | $4.7M | $3.4M | 5x | as long as short |
| Injective ICP/USDC PERP | +0.981% | +0.0033% | 1h | $202 | $191K | 12x | as long as short |