Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against SunX+0.120%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1651.652% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now +0.120%, 7d avg +0.059%
=Together, before fees−0.278%+ Points / potential airdropLighter: Season 3 · farm board−$28 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 0.061% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9950 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $2K | $1.8M | 20x |
| Short | Lighter ICP | 2.9986 | 0.0096 | get 0.0012% / 1h | 7m 21s | $159K | $452K | 5x |
SunX ICP-USDT
Lighter ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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: +0.120% → +0.059%
- $6.15
- Slippage, 4 orders
- −$157.16
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$159.85
- Costs to cover
- 1.652%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Lighter: live order book, 3 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 SunX live order book, 8 min ago | 48.36 bp | 73.2 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.50 bp | 2.0 bp −$2 | 28.6 bp −$286 | 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 | −0.1467% | 8h | 2.9800 | −0.501% | $1.7M | $769K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0217% | 1h | 2.9956 | +0.020% | $267 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0154% | 8h | 2.9931 | −0.064% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.952% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0048% | 8h | 2.9960 | +0.033% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9951 | +0.005% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9974 | +0.080% | $27K | — | 150x | as long as short |
| Lighter ICPshort | +0.0096% | 1h | 2.9986 | +0.120% | $159K | $452K | 5x | |
| Aster ICPUSDT | +0.0100% | 8h | 2.9987 | +0.124% | $196K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9966 | +0.053% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9970 | +0.067% | $29.6M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9960 | +0.033% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9950 | 0.000% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9960 | +0.033% | $19.6M | $8.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | +0.033% | $5.1M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9980 | +0.100% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | +0.033% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9950 | +0.001% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9971 | +0.070% | $574K | $435K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9950 | long leg | $2K | $1.8M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9900 | −0.167% | $106K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9944 | −0.020% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9950 | 0.000% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9976 | +0.086% | $486K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.267% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9963 | +0.042% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0663% | 1h | 3.0020 | +0.234% | $4.7M | $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
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