Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.057%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 6 days (all we have)−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.057%, 7d avg −0.024%
=Together, before fees−0.129%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.033% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 2.9201 | 0.0100 | pay 0.0100% / 8h | 2h 41m | $261K | $1.3M | 20x |
| Short | Lighter ICP | 2.9184 | 0.0096 | get 0.0012% / 1h | 41m 36s | $141K | $492K | 5x |
Aster ICPUSDT
Lighter ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: −0.057% → −0.024%
- −$3.26
- Slippage, 4 orders
- −$54.19
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$66.29
- Costs to cover
- 0.622%
- Break-even
- never at this rate
Slippage from Aster: live order book, 2 min ago; Lighter: live order book, 63 min ago.
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, 2 min ago | 5.13 bp | 17.8 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 63 min ago | 2.03 bp | 4.4 bp −$4 | 32.4 bp −$324 | doesn't fit | doesn't fit |
ICP on 27 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 | −0.0332% | 1h | 2.9193 | −0.026% | $190 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9206 | +0.019% | $485K | $644K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9177 | −0.081% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9200 | −0.002% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.591% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0062% | 8h | 2.9140 | −0.208% | $1.0M | $133K | — | as long as short |
| Lighter ICPshort | +0.0096% | 1h | 2.9184 | −0.057% | $141K | $492K | 5x | |
| Hyperliquid ICP | +0.0100% | 1h | 2.9209 | +0.029% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDTlong | +0.0100% | 8h | 2.9201 | long leg | $261K | $1.3M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 2.9197 | −0.013% | $132K | $10K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Hyperliquid ICP
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9162 | −0.131% | $28.6M | $48.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9150 | −0.173% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9160 | −0.139% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9160 | −0.139% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9170 | −0.105% | $18.0M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9180 | −0.070% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9180 | −0.070% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9160 | −0.139% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9263 | +0.213% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9169 | −0.110% | $555K | $489K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9170 | −0.105% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9180 | −0.070% | $102K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9200 | −0.002% | $1.7M | $737K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9154 | −0.161% | $23K | $136K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9210 | +0.032% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9220 | +0.067% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9195 | −0.019% | $30K | — | 100x | as long as short |
Binance ICPUSDT
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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]