Funding you earn now, next payment 23:00 UTC−0.0311%/8h= −34.0% APRpaid last 24h −0.069%
Price spread now: Variational Omni against Lighter+0.153%7-day average −0.105% · 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)−0.161%−$16 on $10k
+Price spread, last 3 days (all we have)+0.148%+$15 · spread now +0.153%, 7d avg −0.105%
=Together, before fees−0.013%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.258% dearer against Lighter than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.105%): +$26 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ICP | 2.9757 | 0.0096 | pay 0.0012% / 1h | 53m 09s | $166K | $441K | 5x |
| Short | Variational Omni ICP | 2.9802 | −0.0215 | pay 0.0215% / 8h | 1h 53m | $1.1M | $121K | — |
Lighter ICP
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$65.29
- Price spread: +0.153% → −0.105%
- $25.83
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$39.46
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 22 min ago; Variational Omni: RFQ quote, 1 min ago. 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, 22 min ago | 0.67 bp | 13.6 bp −$14 | 37.6 bp −$376 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 6.07 bp | doesn't fit | 21.6 bp −$216 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1241% | 8h | 2.9670 | −0.292% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0388% | 1h | 2.9748 | −0.030% | $265 | $464 | 50x | as long as short |
| Variational Omni ICPshort | −0.0215% | 8h | 2.9802 | +0.153% | $1.1M | $121K | — | |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.309% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0106% | 8h | 2.9730 | −0.091% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9803 | +0.155% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9766 | +0.029% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0053% | 8h | 2.9720 | −0.124% | $17.1M | $17.7M | 75x | as long as short |
| Lighter ICPlong | +0.0096% | 1h | 2.9757 | long leg | $166K | $441K | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9778 | +0.071% | $184K | $1.4M | 20x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9772 | +0.049% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9734 | −0.076% | $28.9M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9720 | −0.124% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9730 | −0.091% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | −0.024% | $5.0M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9740 | −0.057% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9750 | −0.024% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9812 | +0.186% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9790 | +0.111% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.057% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.057% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9739 | −0.059% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9770 | +0.044% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0225% | 1h | 2.9766 | +0.029% | $487K | $512K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9800 | +0.145% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9763 | +0.022% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0572% | 1h | 2.9786 | +0.097% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance 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
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP