Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.032%
Price spread now: Injective against Aster−1.133%117s7-day average +0.783% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)+1.208%+$121 · spread now −1.133%, 7d avg +0.783%
=Together, before fees+1.050%+ Points / potential airdropAster: Stage 5 · farm board+$105 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.916% cheaper against Aster than usual: you would sell low and buy high (−$192 if the spread goes back to its 7-day average of +0.783%). Swap the legs. The two prices were read 117 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 3.0005 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $279K | $1.7M | 20x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 9m 26s | $202 | $200K | 12x |
Aster ICPUSDT
Injective ICP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: −1.133% → +0.783%
- −$191.61
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$213.63
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 4 min ago | 3.32 bp | 21.8 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0250% | 1h | 3.0008 | +0.010% | $267 | $464 | 50x | as long as short |
| Phemex ICPUSDT | −0.0024% | 8h | 2.9990 | −0.050% | $1.8M | $798K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9988 | −0.056% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9983 | −0.075% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0014% | 8h | 3.0080 | +0.249% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | −1.133% | $202 | $200K | 12x | |
| Lighter ICP | +0.0096% | 1h | 2.9998 | −0.023% | $163K | $492K | 5x | as long as short |
| Aster ICPUSDTlong | +0.0100% | 8h | 3.0005 | long leg | $279K | $1.7M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 2.9987 | −0.058% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9970 | −0.116% | $29.6M | $53.7M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Lighter ICP
Pacifica ICP
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9960 | −0.150% | $17.5M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9950 | −0.183% | $5.8M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9980 | −0.083% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9970 | −0.116% | $19.3M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9950 | −0.183% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9980 | −0.083% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9970 | −0.116% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0074 | +0.230% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0113 | +0.359% | $584K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0010 | +0.017% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0030 | +0.084% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9966 | −0.130% | $22K | $125K | 10x | as long as short |
| Hyperliquid ICP | +0.0142% | 1h | 3.0004 | −0.003% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0140 | +0.450% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 2.9977 | −0.094% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0894% | 1h | 3.0049 | +0.147% | $545K | $609K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD