Funding you earn now, next payment 00:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.026%
Price spread now: gTrade (Gains Network) against Lighter+0.101%7-day average — · you sell dearer than you buy
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
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.101% dearer against Lighter than usual: you sell high and buy low (spread +0.101% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ICP | 3.0549 | 0.0096 | pay 0.0012% / 1h | 49m 06s | $161K | $450K | 5x |
| Short | gTrade (Gains Network) ICP/USD | 3.0580 | L +0.0006% / S −0.0010% | get 0.0001% / 1h | 49m 06s | $27K | — | 150x |
Lighter ICP
gTrade (Gains Network) ICP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$18.07
- Price spread: +0.101% → 0.000%
- $10.15
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$17.92
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 21 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 21 min ago | 0.50 bp | 16.1 bp −$16 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1611% | 8h | 3.0390 | −0.520% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0306% | 1h | 3.0539 | −0.033% | $272 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0150% | 8h | 3.0556 | +0.024% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0032% | 8h | 3.0500 | −0.160% | $2.0M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0561 | +0.038% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0010% | 1h | 3.0580 | +0.101% | $27K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.894% | $202 | $200K | 12x | as long as short |
| Lighter ICPlong | +0.0096% | 1h | 3.0549 | long leg | $161K | $450K | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 3.0556 | +0.024% | $218K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0574 | +0.083% | $139K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
Injective ICP/USDC PERP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0506 | −0.140% | $30.2M | $51.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0500 | −0.160% | $17.8M | $18.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0520 | −0.095% | $6.2M | $16.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0520 | −0.095% | $19.4M | $9.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0520 | −0.095% | $5.2M | $13.1M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0520 | −0.095% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0510 | −0.128% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0535 | −0.045% | $24K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0587 | +0.124% | $586K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0510 | −0.128% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0530 | −0.062% | $108K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0542 | −0.023% | $26K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0156% | 1h | 3.0573 | +0.079% | $4.8M | $5.0M | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0170% | 1h | 3.0541 | −0.025% | $496K | $532K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0520 | −0.095% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0620 | +0.232% | $64K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0549% / S −0.0540% | 1h | 3.0579 | +0.099% | $41K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]