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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h +0.084%
Price spread now: Aster against Kraken Futures−0.077%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.212%+$21 on $10k
Price spread, last 3 days (all we have)+0.251%+$25 · spread now −0.077%, 7d avg +0.004%
Together, before fees+0.462%+ Points / potential airdropAster: Stage 5 · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.082% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.212%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ICPUSD3.02830.0171pay 0.0021% / 1h2m 58s$552K$594K50x
ShortAster ICPUSDT3.02590.0100get 0.0100% / 8h2m 58s$182K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
−$14.99
Price spread: −0.077% → +0.004%
−$8.16
Slippage, 4 orders
−$58.22
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$99.37
Costs to cover
0.762%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 10 min ago; Aster: live order book, 5 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 Kraken Futures live order book, 10 min ago8.28 bp20.9 bp −$2144.5 bp −$445doesn't fitdoesn't fit
Sell Aster live order book, 5 min ago1.66 bp11.4 bp −$11129.5 bp −$1,295doesn'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−0.1257%8h3.0320+0.123%$1.8M$761K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0279%1h3.0247−0.118%$270$46450xas long as short
Variational Omni ICP−0.0108%8h3.0111−0.567%$1.1M$108Kas long as short
Gate ICP_USDT−0.0005%8h3.0220−0.207%$1.9M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0264−0.062%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0255−0.092%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.040%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0273−0.032%$157K$455K5xas long as short
Aster ICPUSDTshort+0.0100%8h3.0259−0.077%$182K$1.5M20x
Pacifica ICP+0.0100%1h3.0237−0.150%$137K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0223−0.198%$29.8M$51.8M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0220−0.207%$17.9M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0210−0.240%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0230−0.174%$19.1M$9.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0230−0.174%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0240−0.141%$7.1M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0230−0.174%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0123−0.527%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0211−0.236%$582K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0230−0.174%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0130−0.504%$108K$228K20xas long as short
Extended ICP-USD+0.0104%1h3.0239−0.144%$25K$118K10xas long as short
Kraken Futures PF_ICPUSDlong+0.0171%1h3.0283long leg$552K$594K50x
BloFin ICP-USDT+0.0220%8h3.0110−0.571%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+0.849%$64K$89K50xas long as short
Hyperliquid ICP+0.0284%1h3.0287+0.014%$4.7M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0257−0.085%$38K100xas long as short