Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: HTX against Lighter−0.206%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1101.104% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.206%, 7d avg −0.099%
=Together, before fees+0.162%+ Points / potential airdropLighter: Season 3 · farm board+$16 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: HTX is 0.106% cheaper against Lighter than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ICP | 2.9641 | 0.0096 | pay 0.0012% / 1h | 46m 05s | $138K | $485K | 5x |
| Short | HTX ICP-USDT | 2.9580 | 0.0100 | get 0.0100% / 8h | 7h 46m | $103K | $114K | 20x |
Lighter ICP
HTX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.206% → −0.099%
- −$10.64
- Slippage, 4 orders
- −$98.38
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$120.19
- Costs to cover
- 1.104%
- Break-even
- 1008.6 days
Slippage from Lighter: live order book, 44 min ago; HTX: live order book, 50 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, 44 min ago | 1.69 bp | 19.4 bp −$19 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell HTX live order book, 50 min ago | 11.88 bp | 53.3 bp −$53 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0338% | 1h | 2.9658 | +0.059% | $525K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0151% | 8h | 2.9540 | −0.340% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0121% | 1h | 2.9618 | −0.078% | $193 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9657 | +0.056% | $69K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9613 | −0.095% | $6K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0012% | 8h | 2.9580 | −0.206% | $1.8M | $687K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.081% | $202 | $200K | 12x | as long as short |
| Lighter ICPlong | +0.0096% | 1h | 2.9641 | long leg | $138K | $485K | 5x | |
| Hyperliquid ICP | +0.0100% | 1h | 2.9661 | +0.067% | $4.5M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9661 | +0.068% | $279K | $1.0M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
Injective ICP/USDC PERP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9636 | −0.016% | $134K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9640 | −0.003% | $28.9M | $48.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9620 | −0.071% | $17.2M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9630 | −0.037% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9640 | −0.003% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9630 | −0.037% | $19.5M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9620 | −0.071% | $4.9M | $11.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9650 | +0.030% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9630 | −0.037% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9562 | −0.268% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9576 | −0.220% | $574K | $577K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9600 | −0.138% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDTshort | +0.0100% | 8h | 2.9580 | −0.206% | $103K | $114K | 20x | |
| Extended ICP-USD | +0.0104% | 1h | 2.9632 | −0.031% | $22K | $239K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9620 | −0.071% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.368% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0457% / S −0.0403% | 1h | 2.9613 | −0.093% | $33K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]