Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.2% APRnext payment −$1.21 per $10,000 · paid last 24h −0.276%
Price spread now: Phemex against Aster−0.050%7-day average −0.207% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−1.927%−$193 on $10k
+Price spread, last 4 days (all we have)−0.284%−$28 · spread now −0.050%, 7d avg −0.207%
=Together, before fees−2.212%+ Points / potential airdropAster: Stage 5 · farm board−$221 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.157% dearer against Aster than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.207%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.3 days. At the pace of the last 6 days (−1.927% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 2.9475 | 0.0100 | pay 0.0100% / 8h | 3h 31m | $261K | $1.5M | 20x |
| Short | Phemex ICPUSDT | 2.9460 | −0.0021 | pay 0.0021% / 8h | 3h 31m | $1.7M | $788K | 50x |
Aster ICPUSDT
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$25.33
- Price spread: −0.050% → −0.207%
- $15.7
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$29.63
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Phemex: live order book, 2 min ago. 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, 1 min ago | 3.39 bp | 21.0 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 6.79 bp | doesn't fit | doesn't fit | 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 | −0.0191% | 1h | 2.9453 | −0.074% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9490 | +0.052% | $527K | $597K | 50x | as long as short |
| Phemex ICPUSDTshort | −0.0021% | 8h | 2.9460 | −0.050% | $1.7M | $788K | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9464 | −0.036% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9470 | −0.016% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.645% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0078% | 8h | 2.9460 | −0.051% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9481 | +0.021% | $143K | $489K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9502 | +0.092% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDTlong | +0.0100% | 8h | 2.9475 | long leg | $261K | $1.5M | 20x |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9470 | −0.015% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9460 | −0.050% | $28.9M | $48.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9460 | −0.050% | $17.0M | $17.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9470 | −0.016% | $5.7M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9470 | −0.016% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | −0.050% | $18.9M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9470 | −0.016% | $4.8M | $12.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9490 | +0.052% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9480 | +0.018% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9473 | −0.005% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9491 | +0.054% | $567K | $483K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9440 | −0.118% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9460 | −0.050% | $103K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9452 | −0.079% | $22K | $132K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9420 | −0.186% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9480 | +0.018% | $66K | $60K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9468 | −0.024% | $31K | — | 100x | as long as short |
Pacifica ICP
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
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]