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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.056%
Price spread now: GMX against Aster−0.008%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ICPUSDT3.00510.0100pay 0.0100% / 8h6h 43m$299K$1.7M20x
ShortGMX ICP/USD [WBTC.b-USDC]3.0049L +0.0508% / S −0.0480%get 0.0060% / 1h43m 11s$37K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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
$79.79
Price spread: −0.008% → 0.000%
−$0.84
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$58.95
Costs to cover
0.200%
Break-even
1.8 days
Slippage unknown: Aster: live order book, 5 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 5 min ago4.98 bp17.6 bp −$18244.9 bp −$2,449doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ICP−0.0022%8h3.0040−0.036%$1.1M$118Kas long as short
dYdX ICP-USD0.0000%1h3.0095+0.147%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0036−0.050%$268$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0062+0.037%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.285%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0069+0.059%$165K$489K5xas long as short
Aster ICPUSDTlong+0.0100%8h3.0051long leg$299K$1.7M20x
Pacifica ICP+0.0100%1h3.0080+0.096%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h2.9976−0.250%$29.8M$54.0M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9950−0.337%$17.7M$19.0M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h2.9930−0.403%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0010−0.137%$1.9M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0030−0.070%$18.9M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0020−0.104%$5.0M$13.5M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0010−0.137%$7.0M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0000−0.170%$6.1Mas long as short
edgeX ICPUSDC+0.0100%4h3.0059+0.025%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9985−0.220%$569K$477K10xas long as short
SunX ICP-USDT+0.0100%8h3.0040−0.037%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0040−0.037%$105K$240K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0080+0.096%$1.8M$794K50xas long as short
Extended ICP-USD+0.0104%1h3.0047−0.015%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0060+0.029%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0080+0.096%$65K$75K50xas long as short
Hyperliquid ICP+0.0403%1h3.0040−0.038%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]shortL +0.0508% / S −0.0480%1h3.0049−0.008%$37K100x
Kraken Futures PF_ICPUSD+0.0893%1h3.0070+0.062%$545K$617K50xas long as short