data as of
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Price arb /

ICP

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Spread before costs (cost unknown: a leg has no order-book sample)+0.040%
7d average+0.197%if it closes, per $10,000$4funding while held, a day+$27.20
Long on PhemexShort on Pacifica
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ICPUSDT2.9710−0.0807get 0.0807% / 8h51m 36s$1.7M$760K50x
ShortPacifica ICP2.97220.0100get 0.0013% / 1h51m 36s$135K$11K5x

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
$3.96
Funding while held
$27.2
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$11.17
Spread needed to break even
0.200%
Slippage unknown: Phemex: live order book, 3 min ago; Pacifica: live order book, 62 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
+0.0907%
Per $10,000 a day
+$27.20
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 Phemex live order book, 3 min ago11.79 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 62 min ago30.37 bp45.9 bp −$46doesn't fitdoesn't fitdoesn't fit

ICP price on every exchange

against the cheapest. Click to use as the short leg.
Injective2.9638cheapestedgeX2.9650+0.041%Variational Omni2.9655+0.059%Bybit2.9680+0.142%OKX2.9680+0.142%Gate2.9680+0.142%BingX2.9680+0.142%Extended2.9685+0.158%MEXC2.9690+0.175%KuCoin2.9690+0.175%dYdX2.9695+0.193%Aster2.9700+0.209%SunX2.9700+0.209%Deribit2.9701+0.213%Binance2.9702+0.215%Lighter2.9710+0.243%Bitget2.9710+0.243%
Phemex2.9710+0.243%
gTrade (Gains Network)2.9714+0.257%GMX2.9720+0.277%
Pacifica2.9722+0.283%
HTX2.9730+0.310%Kraken Futures2.9739+0.340%Coinbase International2.9760+0.412%BloFin2.9760+0.412%Hyperliquid2.9788+0.506%

ICP on 26 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Injective ICP/USDC PERP−0.242%+0.0033%1h$202$164K12xas long as short
edgeX ICPUSDC−0.202%+0.0100%4h$23K$275K10xas long as short
Variational Omni ICP−0.184%−0.0377%8h$1.1M$80K—as long as short
Bybit ICPUSDT−0.101%−0.0202%8h$16.6M$15.0M75xas long as short
OKX ICP-USDT-SWAP−0.101%−0.0012%8h$5.8M$16.0M50xas long as short
Gate ICP_USDT−0.101%+0.0007%8h$1.8M$2.3M50xas long as short
BingX ICP-USDT−0.101%+0.0100%8h—$3.6M—as long as short
Extended ICP-USD−0.085%+0.0016%1h$26K$133K10xas long as short
MEXC ICP_USDT−0.067%+0.0018%8h$18.7M$7.1M50xas long as short
KuCoin ICPUSDTM−0.067%+0.0100%8h$5.0M$11.1M50xas long as short
Show all 26 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
dYdX ICP-USD−0.050%0.0000%1h$70K$3K5xas long as short
Aster ICPUSDT−0.034%+0.0100%8h$180K$1.8M20xas long as short
SunX ICP-USDT−0.034%+0.0100%8h$2K$1.8M20xas long as short
Deribit ICP_USDC-PERPETUAL−0.030%−0.0557%1h$164$29850xas long as short
Binance ICPUSDT−0.028%+0.0019%8h$28.7M$47.1M75xas long as short
Lighter ICP0.000%+0.0096%1h$148K$317K5xas long as short
Bitget ICPUSDT0.000%+0.0100%8h$6.9M$3.9M50xas long as short
Phemex ICPUSDTlong0.000%−0.0807%8h$1.7M$760K50x
gTrade (Gains Network) ICP/USD+0.014%L +0.0006% / S −0.0010%1h$26K—150xas long as short
GMX ICP/USD [WBTC.b-USDC]+0.034%L +0.0358% / S −0.0238%1h$30K—100xas long as short
Pacifica ICPshort+0.040%+0.0100%1h$135K$11K5x
HTX ICP-USDT+0.067%+0.0100%8h$112K$284K20xas long as short
Kraken Futures PF_ICPUSD+0.097%−0.0666%1h$511K$558K50xas long as short
Coinbase International ICP-PERP-INTX+0.168%+0.0096%1h$67K$120K50xas long as short
BloFin ICP-USDT+0.168%+0.0079%8h$1.2M$2.4M75xas long as short
Hyperliquid ICP+0.263%+0.1059%1h$5.0M$3.6M5xas long as short