Settings8H · net · $10k
Funding arb · Price arb /

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.1404%/8h= +153.7% APRnext payment +$14.04 per $10,000 · paid last 24h +0.281%
Price spread now: Aster against Phemex+0.173%7-day average +0.214% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+1.793%+$179 on $10k
Price spread, last 3 days (all we have)+0.166%+$17 · spread now +0.173%, 7d avg +0.214%
Together, before fees+1.959%+ Points / potential airdropAster: Stage 5 · farm board+$196 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.042% cheaper against Phemex than usual: you would sell low and buy high (spread +0.173% now, against its 7-day average of +0.214%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$42 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ICPUSDT2.9620−0.1304get 0.1304% / 8h2h 49m$1.7M$780K50x
ShortAster ICPUSDT2.96710.0100get 0.0100% / 8h2h 49m$188K$1.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$294.8
Price spread: +0.173% → +0.214%
−$4.19
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$270.61
Costs to cover
0.200%
Break-even
0.6 days
Slippage unknown: Phemex: live order book, 4 min ago; Aster: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago1.69 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 4 min ago1.68 bp23.6 bp −$24doesn't fitdoesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDTlong−0.1304%8h2.9620long leg$1.7M$780K50x
Deribit ICP_USDC-PERPETUAL−0.0289%1h2.9656+0.122%$264$46450xas long as short
Variational Omni ICP−0.0286%8h2.9615−0.016%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9675+0.186%$202$148K12xas long as short
Gate ICP_USDT−0.0135%8h2.9640+0.068%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0069%8h2.9650+0.101%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9670+0.169%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9669+0.167%$26K150xas long as short
OKX ICP-USDT-SWAP+0.0090%8h2.9630+0.034%$5.8M$15.5M50xas long as short
Lighter ICP+0.0096%1h2.9680+0.203%$166K$441K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDTshort+0.0100%8h2.9671+0.173%$188K$1.6M20x
Pacifica ICP+0.0100%1h2.9661+0.138%$134K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9652+0.107%$28.8M$48.8M75xas long as short
MEXC ICP_USDT+0.0100%8h2.9650+0.101%$19.6M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9670+0.169%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9660+0.135%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9650+0.101%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9601−0.065%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9641+0.069%$568K$491K10xas long as short
SunX ICP-USDT+0.0100%8h2.9660+0.135%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9660+0.135%$106K$220K20xas long as short
Extended ICP-USD+0.0104%1h2.9652+0.109%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0149%1h2.9677+0.192%$493K$509K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9650+0.101%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9700+0.270%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9670+0.170%$31K100xas long as short
Hyperliquid ICP+0.0795%1h2.9711+0.307%$4.8M$4.9M5xas long as short