Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.149%
Price spread now: Deribit against Aster−0.075%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.075% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 3.0035 | 0.0100 | pay 0.0100% / 8h | 1h 20m | $203K | $1.4M | 20x |
| Short | Deribit ICP_USDC-PERPETUAL | 3.0013 | 0 | get 0.0000% / 1h | 20m 42s | $267 | $464 | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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
- −$21
- Price spread: −0.075% → 0.000%
- −$7.46
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$43.46
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 2 min ago; Deribit: 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 Aster live order book, 2 min ago | 3.33 bp | 19.3 bp −$19 | 309.2 bp −$3,092 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | −0.1450% | 8h | 2.9840 | −0.651% | $1.7M | $773K | 50x | as long as short |
| Variational Omni ICP | −0.0177% | 8h | 2.9941 | −0.313% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.233% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0064% | 8h | 3.0000 | −0.118% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9997 | −0.128% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | 0.0000% | 1h | 3.0013 | −0.075% | $267 | $464 | 50x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0004 | −0.104% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0035 | −0.001% | $166K | $443K | 5x | as long as short |
| Aster ICPUSDTlong | +0.0100% | 8h | 3.0035 | long leg | $203K | $1.4M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 3.0021 | −0.049% | $136K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0009 | −0.087% | $29.6M | $50.2M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9980 | −0.184% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0000 | −0.118% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0000 | −0.118% | $19.2M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0000 | −0.118% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0010 | −0.085% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0000 | −0.118% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9962 | −0.244% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9989 | −0.155% | $574K | $480K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0010 | −0.085% | $838 | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.351% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0004 | −0.104% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0000 | −0.118% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 3.0036 | +0.002% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | −0.018% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 3.0003 | −0.108% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0673% | 1h | 3.0067 | +0.105% | $4.8M | $5.0M | 5x | as long as short |
Aster ICPUSDT
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
gTrade (Gains Network) ICP/USD
Lighter ICP
Pacifica ICP
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
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP