Spread before costs (cost unknown: a leg has no order-book sample)+0.165%
7d average+0.102%if it closes, per $10,000$17funding while held, a day+$14.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9373 | −0.0380 | get 0.0380% / 8h | 20m 29s | $1.0M | $83K | — |
| Short | Lighter ICP | 2.9421 | 0.0096 | get 0.0012% / 1h | 20m 29s | $144K | $321K | 5x |
Variational Omni ICP
Lighter 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
- $16.51
- Funding while held
- $14.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $30.78
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Lighter: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0476%
- Per $10,000 a day
- +$14.27
- 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, 5 min ago | 4.41 bp | doesn't fit | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 12 min ago | 1.02 bp | 12.2 bp −$12 | 33.2 bp −$332 | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni2.9373cheapest
Bybit2.9380+0.026%OKX2.9380+0.026%Gate2.9380+0.026%BloFin2.9380+0.026%Extended2.9388+0.053%MEXC2.9390+0.060%BingX2.9390+0.060%SunX2.9390+0.060%edgeX2.9393+0.071%Binance2.9400+0.094%KuCoin2.9400+0.094%Coinbase International2.9400+0.094%Deribit2.9403+0.104%Aster2.9409+0.125%Bitget2.9410+0.128%dYdX2.9412+0.136%GMX2.9413+0.136%gTrade (Gains Network)2.9416+0.148%HTX2.9420+0.162%Phemex2.9420+0.162%
Bybit
OKX
Gate
BloFin
Extended
MEXC
BingX
SunX
Binance
KuCoin
Coinbase International
Deribit
Aster
Bitget
dYdX
GMX
gTrade (Gains Network)
HTX
PhemexLighter2.9421+0.165%
Pacifica2.9422+0.168%Kraken Futures2.9439+0.227%Hyperliquid2.9442+0.237%Injective2.9638+0.904%
Pacifica
Kraken Futures
Hyperliquid
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ICPlong | 0.000% | −0.0380% | 8h | $1.0M | $83K | — | |
| Bybit ICPUSDT | +0.026% | −0.0195% | 8h | $16.5M | $15.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.026% | −0.0025% | 8h | $5.7M | $16.0M | 50x | as long as short |
| Gate ICP_USDT | +0.026% | −0.0017% | 8h | $1.8M | $2.3M | 50x | as long as short |
| BloFin ICP-USDT | +0.026% | +0.0112% | 8h | $1.2M | $2.4M | 75x | as long as short |
| Extended ICP-USD | +0.053% | −0.0008% | 1h | $26K | $133K | 10x | as long as short |
| MEXC ICP_USDT | +0.060% | −0.0007% | 8h | $18.5M | $7.4M | 50x | as long as short |
| BingX ICP-USDT | +0.060% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| SunX ICP-USDT | +0.060% | +0.0100% | 8h | $2K | $1.8M | 20x | as long as short |
| edgeX ICPUSDC | +0.071% | +0.0100% | 4h | $23K | $275K | 10x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.094% | −0.0006% | 8h | $28.5M | $47.9M | 75x | as long as short |
| KuCoin ICPUSDTM | +0.094% | +0.0100% | 8h | $5.0M | $11.2M | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.094% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | +0.104% | −0.0260% | 1h | $262 | $267 | 50x | as long as short |
| Aster ICPUSDT | +0.125% | +0.0100% | 8h | $175K | $1.9M | 20x | as long as short |
| Bitget ICPUSDT | +0.128% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| dYdX ICP-USD | +0.136% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | +0.136% | L +0.0356% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| gTrade (Gains Network) ICP/USD | +0.148% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| HTX ICP-USDT | +0.162% | +0.0100% | 8h | $111K | $284K | 20x | as long as short |
| Phemex ICPUSDT | +0.162% | −0.0619% | 8h | $1.7M | $752K | 50x | as long as short |
| Lighter ICPshort | +0.165% | +0.0096% | 1h | $144K | $321K | 5x | |
| Pacifica ICP | +0.168% | +0.0100% | 1h | $133K | $11K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.227% | −0.0673% | 1h | $506K | $558K | 50x | as long as short |
| Hyperliquid ICP | +0.237% | +0.0440% | 1h | $4.7M | $3.7M | 5x | as long as short |
| Injective ICP/USDC PERP | +0.904% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |