Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster+0.071%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$540.545% of the position
Funding, last 5 days (all we have)−0.122%−$12 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.071%, 7d avg −0.030%
=Together, before fees−0.264%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.101% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 3.0013 | 0.0100 | pay 0.0100% / 8h | 1h 16m | $203K | $1.4M | 20x |
| Short | Lighter ICP | 3.0034 | 0.0096 | get 0.0012% / 1h | 16m 45s | $166K | $443K | 5x |
Aster ICPUSDT
Lighter ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: +0.071% → −0.030%
- $10.08
- Slippage, 4 orders
- −$46.48
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$45.24
- Costs to cover
- 0.545%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Lighter: live order book, 58 min ago.
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, 1 min ago | 1.66 bp | 14.4 bp −$14 | 282.3 bp −$2,823 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 58 min ago | 0.67 bp | 3.6 bp −$4 | 26.5 bp −$265 | 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 | −0.1485% | 8h | 2.9810 | −0.675% | $1.7M | $772K | 50x | as long as short |
| Variational Omni ICP | −0.0166% | 8h | 2.9981 | −0.104% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.158% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0054% | 8h | 3.0000 | −0.042% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0029 | +0.054% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9996 | −0.055% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0010 | −0.009% | $27K | — | 150x | as long as short |
| Lighter ICPshort | +0.0096% | 1h | 3.0034 | +0.071% | $166K | $443K | 5x | |
| Aster ICPUSDTlong | +0.0100% | 8h | 3.0013 | long leg | $203K | $1.4M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 3.0020 | +0.026% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0013 | +0.003% | $29.7M | $50.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0000 | −0.042% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0000 | −0.042% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0000 | −0.042% | $19.6M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0020 | +0.025% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0010 | −0.009% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0010 | −0.009% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0006 | −0.021% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0022 | +0.033% | $575K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0000 | −0.042% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.275% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0014 | +0.005% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9980 | −0.109% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 3.0024 | +0.037% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.058% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9996 | −0.057% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0676% | 1h | 3.0065 | +0.175% | $4.8M | $5.0M | 5x | as long as short |
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