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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against dYdX+0.136%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.030%+$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.136% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ICP-USD3.01500get 0.0000% / 1h26m 25s$70K$4K5x
ShortLighter ICP3.01910.0096get 0.0012% / 1h26m 25s$165K$491K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against dYdX. 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
$20.16
Price spread: +0.136% → 0.000%
$13.64
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
$23.8
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: dYdX: no order-book sample; Lighter: live order book, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell Lighter live order book, 34 min ago2.15 bp3.9 bp −$430.8 bp −$308doesn't fitdoesn't fit
dYdX: 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 26 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
dYdX ICP-USDlong0.0000%1h3.0150long leg$70K$4K5x
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0141−0.029%$269$46450xas long as short
Variational Omni ICP+0.0002%8h3.0160+0.034%$1.1M$118Kas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0182+0.107%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.608%$202$200K12xas long as short
Lighter ICPshort+0.0096%1h3.0191+0.136%$165K$491K5x
Aster ICPUSDT+0.0100%8h3.0176+0.087%$281K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0157+0.023%$137K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0185+0.115%$29.8M$54.0M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0180+0.100%$17.8M$19.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h3.0170+0.067%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0170+0.067%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0180+0.100%$19.5M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0140−0.033%$5.0M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0190+0.133%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0190+0.133%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9990−0.529%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9947−0.675%$581K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0130−0.066%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0100−0.165%$105K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0110−0.132%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h3.0153+0.009%$22K$131K10xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0120−0.099%$65K$72K50xas long as short
Hyperliquid ICP+0.0279%1h3.0196+0.153%$4.7M$5.2M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0181+0.104%$38K100xas long as short
Kraken Futures PF_ICPUSD+0.0890%1h3.0171+0.069%$547K$611K50xas long as short