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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0411%/8h= −45.0% APRpaid last 24h −0.079%
Price spread now: Aster against GMX−0.266%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.266% cheaper against GMX than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ICP/USD [WBTC.b-USDC]3.0512L +0.0511% / S −0.0480%pay 0.0064% / 1h18m 42s$38K100x
ShortAster ICPUSDT3.04310.0100get 0.0100% / 8h7h 18m$336K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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
−$86.35
Price spread: −0.266% → 0.000%
−$26.56
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$132.91
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Aster live order book, 4 min ago3.27 bp20.9 bp −$21149.5 bp −$1,495doesn't fitdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0242%1h3.0460−0.171%$271$46450xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0499−0.043%$557K$598K50xas long as short
Variational Omni ICP−0.0057%8h3.0460−0.171%$1.1M$110Kas long as short
dYdX ICP-USD0.0000%1h3.0424−0.291%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0504−0.027%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.777%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0431−0.266%$173K$480K5xas long as short
Aster ICPUSDTshort+0.0100%8h3.0431−0.266%$336K$1.6M20x
Pacifica ICP+0.0100%1h3.0412−0.327%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0390−0.399%$30.4M$52.6M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0390−0.401%$18.1M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0400−0.368%$6.2M$16.8M50xas long as short
Gate ICP_USDT+0.0100%8h3.0400−0.368%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0400−0.368%$19.7M$9.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0390−0.401%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0410−0.335%$7.1M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0410−0.335%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0473−0.129%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0474−0.126%$578K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0500−0.040%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0470−0.138%$107K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0500−0.040%$1.8M$777K50xas long as short
Extended ICP-USD+0.0104%1h3.0383−0.424%$23K$132K10xas long as short
Hyperliquid ICP+0.0157%1h3.0437−0.246%$4.7M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0400−0.368%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0480−0.106%$63K$65K50xas long as short
GMX ICP/USD [WBTC.b-USDC]longL +0.0511% / S −0.0480%1h3.0512long leg$38K100x