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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: Aster against Bybit−0.018%7-day average +0.098% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$630.629% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.018%, 7d avg +0.098%
Together, before fees+0.261%+ Points / potential airdropAster: Stage 5 · farm board+$26 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: Aster is 0.115% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ICPUSDT3.04900.0100pay 0.0100% / 8h7h 19m$18.1M$18.6M75x
ShortAster ICPUSDT3.04850.0100get 0.0100% / 8h7h 19m$336K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$0
Price spread: −0.018% → +0.098%
−$11.53
Slippage, 4 orders
−$43.87
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$74.4
Costs to cover
0.629%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; Aster: live order book, 4 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 Bybit live order book, 4 min ago1.64 bp12.3 bp −$1233.8 bp −$338doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago3.27 bp20.9 bp −$21149.5 bp −$1,495doesn'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
Kraken Futures PF_ICPUSD−0.0121%1h3.0551+0.202%$557K$598K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0078%1h3.0491+0.003%$272$46450xas long as short
Variational Omni ICP−0.0057%8h3.0460−0.098%$1.1M$110Kas long as short
dYdX ICP-USD0.0000%1h3.0474−0.053%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0504+0.046%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.706%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0524+0.112%$174K$480K5xas long as short
Aster ICPUSDTshort+0.0100%8h3.0485−0.018%$336K$1.6M20x
Pacifica ICP+0.0100%1h3.0500+0.033%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0500+0.033%$30.5M$52.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDTlong+0.0100%8h3.0490long leg$18.1M$18.6M75x
OKX ICP-USDT-SWAP+0.0100%8h3.0470−0.066%$6.2M$16.8M50xas long as short
Gate ICP_USDT+0.0100%8h3.0500+0.033%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0500+0.033%$19.8M$9.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0470−0.066%$5.1M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0510+0.066%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0510+0.066%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0473−0.056%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0474−0.053%$578K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0470−0.066%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0480−0.033%$107K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0560+0.230%$1.8M$777K50xas long as short
Extended ICP-USD+0.0104%1h3.0473−0.057%$23K$132K10xas long as short
Hyperliquid ICP+0.0162%1h3.0547+0.189%$4.7M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0500+0.033%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0520+0.098%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0511% / S −0.0480%1h3.0495+0.017%$38K100xas long as short