ArbiLayer

ICP arbitrage

live

Live Internet Computer price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread+0.02%Variational → Bitget · Perp–Perp
Best perp–perp spread+0.18%Variational → Bitget
Markets tracked1811 venues · 11 perp · 7 spot · 0 DEX
Price range0.44%$3.20 – $3.22

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Gate logoGatespot$3.21Binance logoBinancespot$3.21 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$3.21Bybit logoBybitspot$3.21 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$3.21OKX logoOKXspot$3.21 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$3.21Bitget logoBitgetspot$3.21 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Gate logoGatespot$3.21MEXC logoMEXCspot$3.21 0.00%-0.20% 0.00%— 0.000%— LS Chart →
Binance logoBinancespot$3.21Bybit logoBybitspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Binance logoBinancespot$3.21OKX logoOKXspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Binance logoBinancespot$3.21Bitget logoBitgetspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Binance logoBinancespot$3.21MEXC logoMEXCspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
OKX logoOKXspot$3.21Binance logoBinancespot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
OKX logoOKXspot$3.21Bybit logoBybitspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
OKX logoOKXspot$3.21Bitget logoBitgetspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
OKX logoOKXspot$3.21MEXC logoMEXCspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Bitget logoBitgetspot$3.21Binance logoBinancespot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Bitget logoBitgetspot$3.21Bybit logoBybitspot$3.21 -0.03%-0.23% -0.03%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ICP price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
Gate logoGatePerpetual · ICP_USDTPerpetual $3.21$3.21$3.21-0.09% -0.013%$714.89M
Bybit logoBybitPerpetual · ICPUSDTPerpetual $3.21$3.21$3.21-0.09% +0.030%$15.03M
MEXC logoMEXCPerpetual · ICP_USDTPerpetual $3.21$3.21$3.21-0.09% -0.013%$13.57M
OKX logoOKXPerpetual · ICP-USDT-SWAPPerpetual $3.21$3.21$3.21-0.06% +0.030%$12.12M
KuCoin logoKuCoinPerpetual · ICPUSDTMPerpetual $3.21$3.21$3.210.00% +0.030%$7.04M
Bitget logoBitgetPerpetual · ICPUSDTPerpetual $3.21$3.21$3.210.00% +0.030%$3.61M
Hyperliquid logoHyperliquidPerpetual · ICPPerpetual $3.21$3.21$3.21+0.00% +0.030%$3.46M
OKX logoOKXSpot · ICP-USDTSpot $3.21$3.21$3.21+0.03% —$2.51M
Gate logoGateSpot · ICP_USDTSpot $3.21$3.21$3.210.00% —$2.15M
Bybit logoBybitSpot · ICPUSDTSpot $3.21$3.21$3.21+0.05% —$1.90M
KuCoin logoKuCoinSpot · ICP-USDTSpot $3.21$3.21$3.21+0.02% —$1.63M
Bitget logoBitgetSpot · ICPUSDTSpot $3.21$3.21$3.21+0.03% —$419.2K
Variational logoVariationalPerpetual · ICPPerpetual $3.20$3.21$3.20-0.25% -0.055%$201.1K
HTX logoHTXPerpetual · ICP-USDTPerpetual $3.21$3.22$3.22+0.19% +0.030%$150.0K
Binance logoBinancePerpetual · ICPUSDTPerpetual $3.21$3.21$3.21-0.09% -0.014%—
Aster logoAsterPerpetual · ICPUSDTPerpetual $3.21$3.21$3.21-0.05% +0.030%—
Binance logoBinanceSpot · ICPUSDTSpot $3.21$3.21$3.21+0.03% ——
MEXC logoMEXCSpot · ICPUSDTSpot $3.21$3.21$3.21+0.03% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ICP arbitrage explained

Right now Internet Computer (ICP) trades on 11 venues we scan: 11 perpetual markets, 7 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $3.21 and the highest bid on OKX spot at $3.21.

The widest ICP perpetual spread is between Variational and Bitget: long ICP on Variational at $3.21 and short on Bitget at $3.21 for +0.18% gross, or +0.02% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.085% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ICP route is to buy spot on Gate and short the perpetual on Bitget: -0.03% gross, -0.23% net, with +0.030% a day of funding on the short leg.

Spot–spot ICP arbitrage (buy on Gate, withdraw, deposit and sell on Binance) shows 0.00% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ICP gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ICP funding rates · ICP spread charts · Internet Computer price · arbitrage scanner for all coins.

Is there a ICP arbitrage opportunity right now?

The best ICP route right now is to buy on Variational → sell on Bitget (Perp–Perp): +0.18% gross and +0.02% after fees. It is positive after the fee model, but check depth and funding before trading.

Which exchange has the cheapest ICP?

Variational (perp) has the lowest ICP ask at $3.21, and OKX (spot) the highest bid at $3.21. Prices update every 15 seconds on this page.

How many exchanges list ICP?

ArbiLayer tracks 18 ICP markets on 11 venues: 11 perpetual, 7 spot and 0 DEX pools.

How do I arbitrage ICP without transferring coins?

Use two perpetual contracts: go long ICP on the cheaper exchange (Variational now) and short it on the more expensive one (Bitget), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins