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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0448%/8h= +49.1% APRpaid last 24h +0.132%
Price spread now: Aster against Deribit+0.114%7-day average · 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)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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Aster is 0.114% dearer against Deribit than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ICP_USDC-PERPETUAL3.0064−0.0348get 0.0044% / 1h19m 50s$268$46450x
ShortAster ICPUSDT3.00980.0100get 0.0100% / 8h6h 19m$280K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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
$94.08
Price spread: +0.114% → 0.000%
$11.36
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
$90.44
Costs to cover
0.150%
Break-even
0.3 days
Slippage unknown: Deribit: no order-book sample; Aster: live order book, 3 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 Deribit no order-book sample
Sell Aster live order book, 3 min ago3.31 bp14.2 bp −$14150.2 bp −$1,502doesn't fitdoesn't fit
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 26 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
Deribit ICP_USDC-PERPETUALlong−0.0348%1h3.0064long leg$268$46450x
dYdX ICP-USD0.0000%1h3.0125+0.201%$70K$4K5xas long as short
Variational Omni ICP+0.0005%8h3.0149+0.284%$1.1M$118Kas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0082+0.060%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.327%$202$200K12xas long as short
Phemex ICPUSDT+0.0073%8h3.0060−0.013%$1.8M$793K50xas long as short
Lighter ICP+0.0096%1h3.0122+0.193%$164K$492K5xas long as short
Aster ICPUSDTshort+0.0100%8h3.0098+0.114%$280K$1.7M20x
Pacifica ICP+0.0100%1h3.0108+0.145%$136K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0090+0.086%$29.7M$53.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0100+0.120%$17.7M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0070+0.020%$5.9M$17.1M50xas long as short
Gate ICP_USDT+0.0100%8h3.0090+0.086%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0110+0.153%$19.4M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0090+0.086%$4.9M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0100+0.120%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0080+0.053%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h3.0131+0.223%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0134+0.233%$585K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0050−0.047%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0090+0.086%$105K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0102+0.126%$22K$125K10xas long as short
Hyperliquid ICP+0.0211%1h3.0121+0.190%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0180+0.386%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0078+0.047%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0892%1h3.0106+0.139%$546K$611K50xas long as short