Settings8H · net · $10k
Funding arb · Price arb /

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0577%/8h= −63.2% APRpaid last 24h −0.143%
Price spread now: Deribit against Aster−0.109%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Deribit is 0.109% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ICPUSDT3.02740.0100pay 0.0100% / 8h33m 33s$196K$1.4M20x
ShortDeribit ICP_USDC-PERPETUAL3.0241−0.0477pay 0.0060% / 1h33m 33s$270$46450x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$121.17
Price spread: −0.109% → 0.000%
−$10.91
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$147.08
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago4.94 bp18.5 bp −$19241.3 bp −$2,413doesn't fitdoesn'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 on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.1514%8h3.0270−0.013%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUALshort−0.0477%1h3.0241−0.109%$270$46450x
Variational Omni ICP−0.0134%8h3.0312+0.124%$1.1M$107Kas long as short
Gate ICP_USDT−0.0020%8h3.0270−0.013%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0275+0.003%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0318+0.145%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.012%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0298+0.079%$158K$452K5xas long as short
Aster ICPUSDTlong+0.0100%8h3.0274long leg$196K$1.4M20x
Pacifica ICP+0.0100%1h3.0301+0.090%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0300+0.086%$30.0M$51.5M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0290+0.053%$18.0M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0300+0.086%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0320+0.152%$19.2M$9.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0290+0.053%$5.1M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0310+0.119%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0280+0.020%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0329+0.182%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0315+0.136%$579K$444K10xas long as short
SunX ICP-USDT+0.0100%8h3.0240−0.112%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0220−0.178%$107K$222K20xas long as short
Extended ICP-USD+0.0104%1h3.0274+0.001%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0283+0.031%$537K$581K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0340+0.218%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0239%1h3.0360+0.284%$4.8M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+0.879%$64K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0261−0.044%$38K100xas long as short