Spread before costs (cost unknown: a leg has no order-book sample)+0.620%
7d average+0.214%if it closes, per $10,000$62funding while held, a day+$24.28
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9569 | −0.0374 | get 0.0374% / 8h | 1h 09m | $1.0M | $80K | — |
| Short | Hyperliquid ICP | 2.9752 | 0.0435 | get 0.0054% / 1h | 9m 16s | $4.8M | $3.5M | 5x |
Variational Omni ICP
Hyperliquid ICPPrice 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
- $62.01
- Funding while held
- $24.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $77.29
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Hyperliquid: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0809%
- Per $10,000 a day
- +$24.28
- 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 | 6.09 bp | doesn't fit | 40.5 bp −$405 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.68 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.edgeX2.9540cheapest
Variational Omni2.9569+0.098%
Injective2.9638+0.333%SunX2.9660+0.407%dYdX2.9669+0.438%OKX2.9670+0.441%Aster2.9673+0.451%Extended2.9677+0.466%Gate2.9680+0.475%Coinbase International2.9680+0.475%Phemex2.9680+0.475%BloFin2.9680+0.475%Binance2.9685+0.494%Deribit2.9687+0.499%MEXC2.9690+0.509%KuCoin2.9690+0.509%BingX2.9690+0.509%Pacifica2.9696+0.529%Bybit2.9700+0.543%HTX2.9700+0.543%Lighter2.9704+0.556%Kraken Futures2.9710+0.575%gTrade (Gains Network)2.9712+0.582%GMX2.9714+0.589%Bitget2.9720+0.611%
Injective
SunX
dYdX
OKX
Aster
Extended
Gate
Coinbase International
Phemex
BloFin
Binance
Deribit
MEXC
KuCoin
BingX
Pacifica
Bybit
HTX
Lighter
Kraken Futures
gTrade (Gains Network)
GMX
BitgetHyperliquid2.9752+0.719%
ICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ICPUSDC | −0.098% | +0.0100% | 4h | $23K | $274K | 10x | as long as short |
| Variational Omni ICPlong | 0.000% | −0.0374% | 8h | $1.0M | $80K | — | |
| Injective ICP/USDC PERP | +0.235% | +0.0033% | 1h | $202 | $191K | 12x | as long as short |
| SunX ICP-USDT | +0.309% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
| dYdX ICP-USD | +0.340% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| OKX ICP-USDT-SWAP | +0.343% | −0.0020% | 8h | $5.8M | $15.9M | 50x | as long as short |
| Aster ICPUSDT | +0.353% | +0.0100% | 8h | $179K | $1.8M | 20x | as long as short |
| Extended ICP-USD | +0.367% | +0.0024% | 1h | $26K | $133K | 10x | as long as short |
| Gate ICP_USDT | +0.377% | −0.0005% | 8h | $1.8M | $2.3M | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.377% | +0.0128% | 1h | $66K | $118K | 50x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | +0.377% | −0.0854% | 8h | $1.7M | $719K | 50x | as long as short |
| BloFin ICP-USDT | +0.377% | +0.0103% | 8h | $1.2M | $2.3M | 75x | as long as short |
| Binance ICPUSDT | +0.395% | +0.0026% | 8h | $28.6M | $46.6M | 75x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.400% | −0.0726% | 1h | $164 | $298 | 50x | as long as short |
| MEXC ICP_USDT | +0.410% | +0.0026% | 8h | $19.1M | $7.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.410% | +0.0100% | 8h | $5.0M | $10.9M | 50x | as long as short |
| BingX ICP-USDT | +0.410% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| Pacifica ICP | +0.430% | +0.0100% | 1h | $135K | $11K | 5x | as long as short |
| Bybit ICPUSDT | +0.444% | −0.0215% | 8h | $16.7M | $14.9M | 75x | as long as short |
| HTX ICP-USDT | +0.444% | +0.0100% | 8h | $112K | $284K | 20x | as long as short |
| Lighter ICP | +0.458% | +0.0096% | 1h | $150K | $311K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.476% | −0.0685% | 1h | $510K | $560K | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.483% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.491% | L +0.0385% / S −0.0284% | 1h | $30K | — | 100x | as long as short |
| Bitget ICPUSDT | +0.512% | +0.0100% | 8h | $6.9M | $3.9M | 50x | as long as short |
| Hyperliquid ICPshort | +0.620% | +0.0435% | 1h | $4.8M | $3.5M | 5x |