Spread before costs (cost unknown: a leg has no order-book sample)−0.110%
7d average—if it closes, per $10,000$11funding while held, a day+$0.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9585 | −0.0342 | get 0.0342% / 8h | 7h 24m | $1.1M | $102K | — |
| Short | Deribit ICP_USDC-PERPETUAL | 2.9553 | −0.0325 | pay 0.0041% / 1h | 24m 03s | $263 | $366 | 50x |
Variational Omni ICP
Deribit ICP_USDC-PERPETUALPrice 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
- −$10.97
- Funding while held
- $0.52
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$17.45
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0017%
- Per $10,000 a day
- +$0.52
- 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 Variational Omni RFQ quote, 1 min ago | 6.11 bp | doesn't fit | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.SunX2.9520cheapestPacifica2.9528+0.026%Aster2.9530+0.034%Bybit2.9530+0.034%BloFin2.9530+0.034%Extended2.9536+0.053%OKX2.9540+0.068%Gate2.9540+0.068%MEXC2.9540+0.068%KuCoin2.9540+0.068%Coinbase International2.9540+0.068%BingX2.9550+0.102%Binance2.9551+0.104%
SunX
Pacifica
Aster
Bybit
BloFin
Extended
OKX
Gate
MEXC
KuCoin
Coinbase International
BingX
BinanceDeribit2.9553+0.112%
GMX2.9558+0.130%Bitget2.9560+0.136%dYdX2.9561+0.138%Lighter2.9570+0.169%Phemex2.9570+0.169%gTrade (Gains Network)2.9578+0.196%
GMX
Bitget
dYdX
Lighter
Phemex
gTrade (Gains Network)Variational Omni2.9585+0.222%
HTX2.9590+0.237%Kraken Futures2.9591+0.239%Hyperliquid2.9606+0.290%Injective2.9638+0.400%edgeX2.9670+0.509%
HTX
Kraken Futures
Hyperliquid
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX ICP-USDT | −0.221% | +0.0100% | 8h | $2K | $1.7M | 20x | as long as short |
| Pacifica ICP | −0.195% | +0.0100% | 1h | $134K | $11K | 5x | as long as short |
| Aster ICPUSDT | −0.187% | +0.0100% | 8h | $184K | $1.8M | 20x | as long as short |
| Bybit ICPUSDT | −0.187% | −0.0208% | 8h | $16.6M | $15.0M | 75x | as long as short |
| BloFin ICP-USDT | −0.187% | +0.0105% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Extended ICP-USD | −0.169% | −0.0008% | 1h | $24K | $135K | 10x | as long as short |
| OKX ICP-USDT-SWAP | −0.154% | −0.0009% | 8h | $5.9M | $15.4M | 50x | as long as short |
| Gate ICP_USDT | −0.154% | −0.0186% | 8h | $1.8M | $2.1M | 50x | as long as short |
| MEXC ICP_USDT | −0.154% | −0.0008% | 8h | $18.3M | $7.2M | 50x | as long as short |
| KuCoin ICPUSDTM | −0.154% | +0.0100% | 8h | $5.0M | $11.4M | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International ICP-PERP-INTX | −0.154% | +0.0096% | 1h | $67K | $114K | 50x | as long as short |
| BingX ICP-USDT | −0.120% | +0.0100% | 8h | — | $4.1M | — | as long as short |
| Binance ICPUSDT | −0.117% | −0.0011% | 8h | $28.9M | $46.3M | 75x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | −0.110% | −0.0325% | 1h | $263 | $366 | 50x | |
| GMX ICP/USD [WBTC.b-USDC] | −0.092% | L +0.0375% / S −0.0257% | 1h | $31K | — | 100x | as long as short |
| Bitget ICPUSDT | −0.086% | +0.0100% | 8h | $6.8M | $3.9M | 50x | as long as short |
| dYdX ICP-USD | −0.084% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| Lighter ICP | −0.052% | +0.0096% | 1h | $144K | $310K | 5x | as long as short |
| Phemex ICPUSDT | −0.052% | +0.0048% | 8h | $1.8M | $813K | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | −0.025% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Variational Omni ICPlong | 0.000% | −0.0342% | 8h | $1.1M | $102K | — | |
| HTX ICP-USDT | +0.015% | +0.0100% | 8h | $112K | $279K | 20x | as long as short |
| Kraken Futures PF_ICPUSD | +0.018% | −0.0090% | 1h | $508K | $509K | 50x | as long as short |
| Hyperliquid ICP | +0.068% | +0.0179% | 1h | $4.8M | $3.4M | 5x | as long as short |
| Injective ICP/USDC PERP | +0.178% | +0.0033% | 1h | $202 | $130K | 12x | as long as short |
| edgeX ICPUSDC | +0.286% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |