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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Aster against GRVT+0.358%90s7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.756% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.024%+$2 on $10k
Price spread, last 3 days (all we have)−0.552%−$55 · spread now +0.358%, 7d avg +0.103%
Together, before fees−0.528%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$53 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.256% dearer against GRVT than usual: you sell high and buy low, +$26 on $10k if it goes back to its 7-day average of +0.103%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ICP_USDT_Perp3.00010.0100pay 0.0100% / 8h59m 58s$575K$435K10x
ShortAster ICPUSDT3.01090.0100get 0.0100% / 8h59m 58s$194K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
$0
Price spread: +0.358% → +0.103%
$25.59
Slippage, 4 orders
−$58.56
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$49.96
Costs to cover
0.756%
Break-even
never at this rate
Slippage from GRVT: live order book, 18 min ago; Aster: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 18 min ago3.33 bp17.7 bp −$1832.3 bp −$323doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago4.99 bp16.4 bp −$16194.1 bp −$1,941doesn't fitdoesn't fit

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
Phemex ICPUSDT−0.1487%8h2.9910−0.304%$1.7M$767K50xas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−1.120%$202$200K12xas long as short
Variational Omni ICP−0.0145%8h3.0011+0.033%$1.1M$107Kas long as short
Gate ICP_USDT−0.0033%8h3.0100+0.330%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0061+0.199%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0110+0.363%$268$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0105+0.345%$27K150xas long as short
Lighter ICP+0.0096%1h3.0125+0.413%$159K$453K5xas long as short
Aster ICPUSDTshort+0.0100%8h3.0109+0.358%$194K$1.4M20x
Pacifica ICP+0.0100%1h3.0067+0.219%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0130+0.429%$29.8M$50.4M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0120+0.396%$17.5M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0110+0.363%$6.0M$16.2M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0120+0.396%$19.7M$8.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0120+0.396%$5.1M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0130+0.430%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h3.0120+0.396%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0026+0.083%$23K$279K10xas long as short
GRVT ICP_USDT_Perplong+0.0100%8h3.0001long leg$575K$435K10x
SunX ICP-USDT+0.0100%8h3.0100+0.330%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0060+0.196%$107K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0123+0.407%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0020+0.063%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0222%1h3.0129+0.426%$489K$529K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0070+0.230%$63K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h3.0099+0.325%$37K100xas long as short
Hyperliquid ICP+0.0640%1h3.0152+0.503%$4.7M$5.0M5xas long as short