Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter−0.053%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 4 days (all we have)−0.091%−$9 · spread now −0.053%, 7d avg −0.022%
=Together, before fees+0.047%+ Points / potential airdropLighter: Season 3 · farm board+$5 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: Bitget is 0.031% cheaper against Lighter than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ICP | 3.0066 | 0.0096 | pay 0.0012% / 1h | 7m 58s | $164K | $492K | 5x |
| Short | Bitget ICPUSDT | 3.0050 | 0.0100 | get 0.0100% / 8h | 6h 07m | $7.1M | $4.9M | 50x |
Lighter ICP
Bitget ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Lighter. 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
- $0.84
- Price spread: −0.053% → −0.022%
- −$3.09
- Slippage, 4 orders
- −$36.68
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.93
- Costs to cover
- 0.487%
- Break-even
- 431.4 days
Slippage from Lighter: live order book, 52 min ago; Bitget: live order book, 5 min ago.
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 Lighter live order book, 52 min ago | 2.15 bp | 17.4 bp −$17 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.32 bp | 11.3 bp −$11 | 33.8 bp −$338 | doesn't fit | doesn't fit |
ICP on 26 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 | −0.0016% | 1h | 3.0052 | −0.047% | $268 | $464 | 50x | as long as short |
| Phemex ICPUSDT | −0.0005% | 8h | 3.0010 | −0.186% | $1.8M | $798K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9988 | −0.259% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0053 | −0.044% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0014% | 8h | 3.0080 | +0.046% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.334% | $202 | $200K | 12x | as long as short |
| Lighter ICPlong | +0.0096% | 1h | 3.0066 | long leg | $164K | $492K | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 3.0045 | −0.070% | $279K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9982 | −0.280% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0046 | −0.068% | $29.7M | $53.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 3.0020 | −0.153% | $17.6M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0030 | −0.120% | $5.8M | $17.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0040 | −0.086% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0050 | −0.053% | $19.4M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0010 | −0.186% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDTshort | +0.0100% | 8h | 3.0050 | −0.053% | $7.1M | $4.9M | 50x | |
| BingX ICP-USDT | +0.0100% | 8h | 3.0040 | −0.086% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0074 | +0.027% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0113 | +0.156% | $584K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.353% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.353% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0039 | −0.090% | $22K | $125K | 10x | as long as short |
| Hyperliquid ICP | +0.0138% | 1h | 3.0069 | +0.009% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0140 | +0.246% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0050 | −0.053% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0079 | +0.042% | $545K | $609K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD