Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aster against Lighter−0.048%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$590.589% of the position
Funding, last 5 days (all we have)+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.048%, 7d avg +0.027%
=Together, before fees+0.219%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board+$22 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: Aster is 0.075% cheaper against Lighter than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter ICP | 3.0078 | 0.0096 | pay 0.0012% / 1h | 46m 10s | $165K | $489K | 5x |
| Short | Aster ICPUSDT | 3.0064 | 0.0100 | get 0.0100% / 8h | 6h 46m | $299K | $1.7M | 20x |
Lighter ICP
Aster ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: −0.048% → +0.027%
- −$7.47
- Slippage, 4 orders
- −$50.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$65.54
- Costs to cover
- 0.589%
- Break-even
- 553.2 days
Slippage from Lighter: live order book, 14 min ago; Aster: live order book, 2 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 Lighter live order book, 14 min ago | 2.15 bp | 17.4 bp −$17 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 4.98 bp | 20.1 bp −$20 | 148.1 bp −$1,481 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0116% | 1h | 3.0037 | −0.136% | $268 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0022% | 8h | 3.0040 | −0.125% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0047 | −0.104% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0042 | −0.118% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.373% | $202 | $200K | 12x | as long as short |
| Lighter ICPlong | +0.0096% | 1h | 3.0078 | long leg | $165K | $489K | 5x | |
| Aster ICPUSDTshort | +0.0100% | 8h | 3.0064 | −0.048% | $299K | $1.7M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 3.0068 | −0.035% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0040 | −0.126% | $29.9M | $54.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0030 | −0.160% | $17.8M | $19.0M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0030 | −0.160% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0030 | −0.160% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0040 | −0.126% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0020 | −0.193% | $5.0M | $13.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0040 | −0.126% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0030 | −0.160% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0132 | +0.178% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0126 | +0.160% | $572K | $477K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0040 | −0.126% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0030 | −0.160% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0100 | +0.073% | $1.8M | $789K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0034 | −0.147% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0060 | −0.060% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0080 | +0.007% | $65K | $75K | 50x | as long as short |
| Hyperliquid ICP | +0.0437% | 1h | 3.0084 | +0.020% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0037 | −0.138% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0081 | +0.010% | $545K | $617K | 50x | as long as short |
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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD