Funding you earn now, next payment 08:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Extended+0.075%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.610% of the position
Funding, last 7 days−0.130%−$13 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.075%, 7d avg +0.072%
=Together, before fees−0.094%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ICP-USD | 2.9474 | 0.0104 | pay 0.0013% / 1h | 12m 29s | $26K | $238K | 10x |
| Short | Lighter ICP | 2.9496 | 0.0096 | get 0.0012% / 1h | 12m 29s | $138K | $489K | 5x |
Extended ICP-USD
Lighter ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Extended. 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
- −$1.68
- Price spread: +0.075% → +0.072%
- $0.25
- Slippage, 4 orders
- −$55.97
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$62.41
- Costs to cover
- 0.610%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Lighter: live order book, 17 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 Extended live order book, 24 min ago | 3.73 bp | 13.0 bp −$13 | 80.9 bp −$809 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 17 min ago | 1.69 bp | 16.4 bp −$16 | 38.0 bp −$380 | 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 | −0.0260% | 8h | 2.9470 | −0.013% | $1.8M | $686K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0211% | 1h | 2.9513 | +0.134% | $522K | $661K | 50x | as long as short |
| Variational Omni ICP | −0.0152% | 8h | 2.9460 | −0.046% | $1.0M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9491 | +0.060% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9476 | +0.007% | $192 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9484 | +0.034% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.648% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0054% | 8h | 2.9470 | −0.013% | $17.1M | $17.9M | 75x | as long as short |
| Lighter ICPshort | +0.0096% | 1h | 2.9496 | +0.075% | $138K | $489K | 5x | |
| Hyperliquid ICP | +0.0100% | 1h | 2.9512 | +0.129% | $4.5M | $4.6M | 5x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Hyperliquid ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9494 | +0.069% | $271K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9498 | +0.080% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9482 | +0.026% | $28.7M | $47.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9470 | −0.013% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9460 | −0.047% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9490 | +0.054% | $19.2M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9490 | +0.054% | $4.9M | $11.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9490 | +0.054% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9470 | −0.013% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9472 | −0.006% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9459 | −0.050% | $559K | $576K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9470 | −0.013% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9440 | −0.115% | $103K | $115K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9474 | long leg | $26K | $238K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9480 | +0.021% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9750 | +0.937% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9472 | −0.005% | $32K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]