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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.084%
Price spread now: Aster against Variational Omni+0.105%7-day average +0.136% · 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 3 days (all we have)+0.183%+$18 on $10k
Price spread, last 4 days (all we have)−0.588%−$59 · spread now +0.105%, 7d avg +0.136%
Together, before fees−0.405%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.105% now, against its 7-day average of +0.136%). If the spread goes back, that is −$3 on $10k: about 7.2 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.183% in total) that is about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ICP2.96190.0085pay 0.0085% / 8h4h 56m$1.1M$116K
ShortAster ICPUSDT2.96500.0100get 0.0100% / 8h4h 56m$270K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$3.06
Price spread: +0.105% → +0.136%
−$3.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$8.09
Costs to cover
0.080%
Break-even
25.5 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 2 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 Variational Omni RFQ quote, 3 min ago4.41 bpdoesn't fit25.0 bp −$250doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago1.69 bp22.5 bp −$22276.6 bp −$2,766doesn'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
dYdX ICP-USD0.0000%1h2.9622+0.010%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9685+0.223%$265$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9683+0.218%$22K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.156%$202$200K12xas long as short
Variational Omni ICPlong+0.0085%8h2.9619long leg$1.1M$116K
Lighter ICP+0.0096%1h2.9673+0.183%$158K$485K5xas long as short
Aster ICPUSDTshort+0.0100%8h2.9650+0.105%$270K$1.7M20x
Pacifica ICP+0.0100%1h2.9641+0.075%$134K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9680+0.206%$29.2M$52.3M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9670+0.172%$17.2M$18.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9670+0.172%$5.7M$16.7M50xas long as short
Gate ICP_USDT+0.0100%8h2.9650+0.105%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9680+0.206%$20.0M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9670+0.172%$4.9M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9690+0.240%$7.0M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h2.9640+0.071%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9629+0.036%$23K$281K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9634+0.050%$573K$495K10xas long as short
SunX ICP-USDT+0.0100%8h2.9670+0.172%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9640+0.071%$104K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9650+0.105%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9673+0.184%$22K$127K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9520−0.334%$1.3M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h2.9710+0.307%$67K$65K50xas long as short
Hyperliquid ICP+0.0409%1h2.9694+0.253%$4.6M$5.0M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9676+0.191%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0568%1h2.9700+0.273%$523K$631K50xas long as short