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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ICP/USD [WBTC.b-USDC] | 3.0512 | L +0.0511% / S −0.0480% | pay 0.0064% / 1h | 18m 42s | $38K | — | 100x |
| Short | Aster ICPUSDT | 3.0431 | 0.0100 | get 0.0100% / 8h | 7h 18m | $336K | $1.6M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 4 min ago | 3.27 bp | 20.9 bp −$21 | 149.5 bp −$1,495 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0242% | 1h | 3.0460 | −0.171% | $271 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0121% | 1h | 3.0499 | −0.043% | $557K | $598K | 50x | as long as short |
| Variational Omni ICP | −0.0057% | 8h | 3.0460 | −0.171% | $1.1M | $110K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0424 | −0.291% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0504 | −0.027% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.777% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0431 | −0.266% | $173K | $480K | 5x | as long as short |
| Aster ICPUSDTshort | +0.0100% | 8h | 3.0431 | −0.266% | $336K | $1.6M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 3.0412 | −0.327% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0390 | −0.399% | $30.4M | $52.6M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 3.0390 | −0.401% | $18.1M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0400 | −0.368% | $6.2M | $16.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0400 | −0.368% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0400 | −0.368% | $19.7M | $9.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0390 | −0.401% | $5.1M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0410 | −0.335% | $7.1M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0410 | −0.335% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0473 | −0.129% | $24K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0474 | −0.126% | $578K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0500 | −0.040% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0470 | −0.138% | $107K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0500 | −0.040% | $1.8M | $777K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0383 | −0.424% | $23K | $132K | 10x | as long as short |
| Hyperliquid ICP | +0.0157% | 1h | 3.0437 | −0.246% | $4.7M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0400 | −0.368% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0480 | −0.106% | $63K | $65K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]long | L +0.0511% / S −0.0480% | 1h | 3.0512 | long leg | $38K | — | 100x |
GMX ICP/USD [WBTC.b-USDC]
Aster ICPUSDT
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX