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+0.0072%/8h= +7.9% APRpaid last 24h −0.084%
Price spread now: Kraken Futures against Aster+0.059%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.212%−$21 on $10k
Price spread, last 3 days (all we have)−0.233%−$23 · spread now +0.059%, 7d avg −0.004%
Together, before fees−0.444%+ Points / potential airdropAster: Stage 5 · farm board−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.064% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.004%. Mind the row above: over the last 5 days funding on this pair cost −0.212%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ICPUSDT3.01610.0100pay 0.0100% / 8h5m 35s$187K$1.5M20x
ShortKraken Futures PF_ICPUSD3.01790.0172get 0.0021% / 1h5m 35s$536K$579K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$15.11
Price spread: +0.059% → −0.004%
$6.36
Slippage, 4 orders
−$58.22
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$54.75
Costs to cover
0.762%
Break-even
32.4 days
Slippage from Aster: live order book, 3 min ago; Kraken Futures: live order book, 7 min ago.

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, 3 min ago1.66 bp22.9 bp −$23242.5 bp −$2,425doesn't fitdoesn't fit
Sell Kraken Futures live order book, 7 min ago8.28 bp21.0 bp −$2140.5 bp −$405doesn't fitdoesn't fit

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−0.1279%8h3.0260+0.328%$1.8M$761K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0413%1h3.0125−0.119%$268$46450xas long as short
Variational Omni ICP−0.0108%8h3.0111−0.166%$1.1M$108Kas long as short
Gate ICP_USDT−0.0006%8h3.0180+0.063%$1.9M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0202+0.134%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0145−0.055%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.644%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0209+0.159%$157K$455K5xas long as short
Aster ICPUSDTlong+0.0100%8h3.0161long leg$187K$1.5M20x
Pacifica ICP+0.0100%1h3.0191+0.099%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0190+0.096%$29.8M$51.7M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0190+0.096%$17.9M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0180+0.063%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0190+0.096%$19.1M$9.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0160−0.003%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0200+0.129%$7.1M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0190+0.096%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0155−0.019%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0159−0.008%$581K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0110−0.169%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0190+0.096%$108K$224K20xas long as short
Extended ICP-USD+0.0104%1h3.0184+0.075%$25K$118K10xas long as short
Kraken Futures PF_ICPUSDshort+0.0172%1h3.0179+0.059%$536K$579K50x
BloFin ICP-USDT+0.0220%8h3.0110−0.169%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+1.257%$64K$89K50xas long as short
Hyperliquid ICP+0.0283%1h3.0199+0.126%$4.8M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0507% / S −0.0480%1h3.0138−0.076%$37K100xas long as short