Funding you earn now, next payment 22:00 UTC−0.0140%/8h= −15.3% APRpaid last 24h −0.008%
Price spread now: Aster against Coinbase International+0.178%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Aster is 0.178% dearer against Coinbase International than usual: you sell high and buy low (spread +0.178% now, against zero (this spread has no 7-day history yet)): +$18 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.2 days. The two prices were read 54 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 | Coinbase International ICP-PERP-INTX | 3.0070 | 0.0240 | pay 0.0030% / 1h | 59m 27s | $63K | $89K | 50x |
| Short | Aster ICPUSDT | 3.0124 | 0.0100 | get 0.0100% / 8h | 59m 27s | $194K | $1.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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
- −$29.4
- Price spread: +0.178% → 0.000%
- $17.8
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$29.6
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; Aster: live order book, 4 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 4.99 bp | 16.4 bp −$16 | 194.1 bp −$1,941 | doesn't fit | doesn't fit |
Coinbase International: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1487% | 8h | 2.9910 | −0.532% | $1.7M | $767K | 50x | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.347% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | −0.0145% | 8h | 3.0011 | −0.196% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0032% | 8h | 3.0120 | +0.166% | $2.0M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0130 | +0.201% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0110 | +0.133% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0140 | +0.233% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0151 | +0.269% | $159K | $450K | 5x | as long as short |
| Aster ICPUSDTshort | +0.0100% | 8h | 3.0124 | +0.178% | $194K | $1.4M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 3.0120 | +0.167% | $136K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0138 | +0.225% | $29.8M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0120 | +0.166% | $17.5M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0130 | +0.200% | $6.0M | $16.2M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0130 | +0.200% | $19.7M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0110 | +0.133% | $5.1M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0130 | +0.200% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0130 | +0.200% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0026 | −0.146% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0029 | −0.135% | $575K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0100 | +0.100% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0060 | −0.033% | $107K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0099 | +0.097% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0020 | −0.166% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0222% | 1h | 3.0129 | +0.196% | $489K | $529K | 50x | as long as short |
| Coinbase International ICP-PERP-INTXlong | +0.0240% | 1h | 3.0070 | long leg | $63K | $89K | 50x | |
| Hyperliquid ICP | +0.0441% | 1h | 3.0171 | +0.336% | $4.7M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 3.0142 | +0.239% | $37K | — | 100x | as long as short |
Coinbase International ICP-PERP-INTX
Aster ICPUSDT
Phemex ICPUSDT
Injective ICP/USDC PERP
Variational Omni ICP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Lighter ICP
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]