Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: edgeX against Lighter+0.106%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$480.475% of the position
Funding, last 7 days+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.398%+$40 · spread now +0.106%, 7d avg −0.088%
=Together, before fees+0.580%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board+$58 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: edgeX is 0.195% dearer against Lighter than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ICP | 2.9737 | 0.0096 | pay 0.0012% / 1h | 39m 35s | $161K | $483K | 5x |
| Short | edgeX ICPUSDC | 2.9769 | 0.0100 | get 0.0050% / 4h | 1h 39m | $23K | $279K | 10x |
Lighter ICP
edgeX ICPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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: +0.106% → −0.088%
- $19.45
- Slippage, 4 orders
- −$38.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$27.23
- Costs to cover
- 0.475%
- Break-even
- 233.9 days
Slippage from Lighter: live order book, 15 min ago; edgeX: live order book, 23 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, 15 min ago | 2.01 bp | 15.8 bp −$16 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 23 min ago | 8.34 bp | 12.8 bp −$13 | 28.3 bp −$283 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9737 | +0.001% | $69K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9759 | +0.074% | $265 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9762 | +0.083% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.242% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0053% | 8h | 2.9769 | +0.108% | $1.1M | $116K | — | as long as short |
| Lighter ICPlong | +0.0096% | 1h | 2.9737 | long leg | $161K | $483K | 5x | |
| Hyperliquid ICP | +0.0100% | 1h | 2.9761 | +0.081% | $4.6M | $5.0M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9768 | +0.104% | $274K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9731 | −0.019% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9730 | −0.024% | $29.3M | $53.6M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9730 | −0.024% | $17.3M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9730 | −0.024% | $5.8M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9720 | −0.057% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9740 | +0.010% | $19.3M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9720 | −0.057% | $4.8M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9740 | +0.010% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.024% | — | $6.0M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 2.9769 | +0.106% | $23K | $279K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9811 | +0.248% | $566K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9780 | +0.145% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9710 | −0.091% | $104K | $182K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9820 | +0.279% | $1.8M | $794K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9723 | −0.046% | $22K | $123K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9730 | −0.024% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0294% | 1h | 2.9800 | +0.210% | $525K | $640K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9880 | +0.481% | $67K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9756 | +0.065% | $37K | — | 100x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]