Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.032%
Price spread now: Injective against Aster+0.220%7-day average +0.735% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−0.165%−$17 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now +0.220%, 7d avg +0.735%
=Together, before fees−0.004%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.516% cheaper against Aster than usual: you would sell low and buy high (−$52 if the spread goes back to its 7-day average of +0.735%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ICPUSDT | 2.9600 | 0.0100 | pay 0.0100% / 8h | 7h 49m | $277K | $1.0M | 20x |
| Short | Injective ICP/USDC PERP | 2.9665 | 0.0033 | get 0.0004% / 1h | 49m 14s | $202 | $200K | 12x |
Aster ICPUSDT
Injective ICP/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: +0.220% → +0.735%
- −$51.59
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$73.61
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Injective: no order-book sample. Net counts fees only.
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, 4 min ago | 5.07 bp | 17.9 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0339% | 1h | 2.9619 | +0.063% | $525K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0151% | 8h | 2.9540 | −0.202% | $1.0M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9560 | −0.136% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9583 | −0.057% | $192 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9580 | −0.068% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERPshort | +0.0033% | 1h | 2.9665 | +0.220% | $202 | $200K | 12x | |
| Lighter ICP | +0.0096% | 1h | 2.9594 | −0.020% | $138K | $485K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9605 | +0.017% | $4.5M | $4.6M | 5x | as long as short |
| Aster ICPUSDTlong | +0.0100% | 8h | 2.9600 | long leg | $277K | $1.0M | 20x | |
| Pacifica ICP | +0.0100% | 1h | 2.9559 | −0.138% | $133K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Lighter ICP
Hyperliquid ICP
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9590 | −0.034% | $28.8M | $47.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9550 | −0.169% | $17.1M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9560 | −0.135% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9570 | −0.101% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9580 | −0.068% | $19.4M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9570 | −0.101% | $4.9M | $11.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9590 | −0.034% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9570 | −0.101% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9548 | −0.174% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9559 | −0.137% | $574K | $577K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.034% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9540 | −0.203% | $103K | $114K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9570 | −0.101% | $1.8M | $686K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9577 | −0.079% | $26K | $235K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9590 | −0.034% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.507% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9581 | −0.066% | $33K | — | 100x | as long as short |
Binance ICPUSDT
Bybit 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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]