Funding you earn now, next payment 22:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.17 per $10,000 · paid last 24h +0.027%
Price spread now: Lighter against gTrade (Gains Network)+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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 +$4 a day on $10k at the current rate, and Lighter is 0.051% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ICP/USD | 2.9887 | L +0.0006% / S −0.0010% | pay 0.0001% / 1h | 21m 06s | $27K | — | 150x |
| Short | Lighter ICP | 2.9902 | 0.0144 | get 0.0018% / 1h | 21m 06s | $167K | $442K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against gTrade (Gains Network). 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
- $28.91
- Price spread: +0.051% → 0.000%
- $5.12
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $24.03
- Costs to cover
- 0.100%
- Break-even
- 1.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 62 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 62 min ago | 2.19 bp | 4.1 bp −$4 | 27.8 bp −$278 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | −0.1415% | 8h | 2.9680 | −0.692% | $1.7M | $779K | 50x | as long as short |
| Variational Omni ICP | −0.0245% | 8h | 2.9864 | −0.076% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.742% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0185% | 1h | 2.9878 | −0.029% | $266 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0091% | 8h | 2.9850 | −0.123% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9889 | +0.007% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDlong | L +0.0006% / S −0.0010% | 1h | 2.9887 | long leg | $27K | — | 150x | |
| Bybit ICPUSDT | +0.0016% | 8h | 2.9860 | −0.089% | $17.2M | $17.6M | 75x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9882 | −0.017% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9883 | −0.013% | $135K | $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 | 2.9870 | −0.056% | $29.1M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9860 | −0.089% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9880 | −0.022% | $19.2M | $8.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9880 | −0.022% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9880 | −0.022% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9870 | −0.056% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9874 | −0.042% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9871 | −0.051% | $572K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9880 | −0.022% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9770 | −0.390% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9868 | −0.062% | $24K | $123K | 10x | as long as short |
| Lighter ICPshort | +0.0144% | 1h | 2.9902 | +0.051% | $167K | $442K | 5x | |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9902 | +0.051% | $490K | $518K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9860 | −0.089% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9890 | +0.011% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0533% / S −0.0529% | 1h | 2.9877 | −0.034% | $40K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0873% | 1h | 2.9929 | +0.142% | $4.7M | $5.0M | 5x | as long as short |
gTrade (Gains Network) ICP/USD
Lighter ICP
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
Aster ICPUSDT
Pacifica ICP
Binance 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
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP