Question 1

What is the current ICP perpetual futures funding rate?

Accepted Answer

The live Internet Computer (ICP) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing ICP perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.

Question 2

Which exchange has the lowest ICP perp trading fees?

Accepted Answer

The lowest ICP taker fee is 0.017% on DESK, versus 0.020% on SynFutures. The cost comparison table above compares total cost — maker/taker fees plus slippage — for a $100,000 ICP trade across all 12 venues.

Question 3

How does Internet Computer open interest compare across exchanges?

Accepted Answer

Internet Computer (ICP) open interest is broken down by exchange in the chart above, showing the total value of outstanding ICP derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.

Question 4

What does the ICP long/short ratio indicate?

Accepted Answer

The Internet Computer long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.

Question 5

Where can I trade ICP perpetual futures?

Accepted Answer

Internet Computer (ICP) perps are listed on 12 exchanges, including Hyperliquid, dYdX, Kwenta, Gains Network, and Bluefin, plus 7 more. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each venue.

Internet Computer (ICP) Perpetual Futures

Market Overview

Trading Tips for Internet Computer Perps

Where to Trade Internet Computer (ICP) Perpetual Futures

Frequently Asked Questions — Internet Computer (ICP)

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