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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.026%
Price spread now: Aster against Bybit+0.099%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.096%+$10 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.099%, 7d avg +0.096%
Together, before fees+0.126%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ICPUSDT2.98600.0016pay 0.0016% / 8h2h 21m$17.2M$17.6M75x
ShortAster ICPUSDT2.98890.0100get 0.0100% / 8h2h 21m$188K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$17.57
Price spread: +0.099% → +0.096%
$0.25
Slippage, 4 orders
−$42.14
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$43.32
Costs to cover
0.611%
Break-even
24.3 days
Slippage from Bybit: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago3.35 bp11.5 bp −$1237.0 bp −$370doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago3.35 bp18.3 bp −$18216.2 bp −$2,162doesn't fitdoesn't fit

ICP on 27 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
Phemex ICPUSDT−0.1415%8h2.9680−0.603%$1.7M$779K50xas long as short
Variational Omni ICP−0.0245%8h2.9864+0.013%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.653%$202$200K12xas long as short
Deribit ICP_USDC-PERPETUAL−0.0185%1h2.9878+0.060%$266$46450xas long as short
Gate ICP_USDT−0.0091%8h2.9850−0.033%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9889+0.096%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9887+0.089%$27K150xas long as short
Bybit ICPUSDTlong+0.0016%8h2.9860long leg$17.2M$17.6M75x
Aster ICPUSDTshort+0.0100%8h2.9889+0.099%$188K$1.5M20x
Pacifica ICP+0.0100%1h2.9883+0.076%$135K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9872+0.039%$29.1M$48.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.98600.000%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9870+0.033%$19.2M$8.6M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9880+0.067%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9870+0.033%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9870+0.033%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9874+0.047%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9871+0.038%$572K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9880+0.067%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9790−0.234%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9868+0.027%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9902+0.140%$490K$518K50xas long as short
Lighter ICP+0.0152%1h2.9906+0.154%$167K$442K5xas long as short
BloFin ICP-USDT+0.0220%8h2.9880+0.067%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9890+0.100%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0533% / S −0.0529%1h2.9877+0.056%$40K100xas long as short
Hyperliquid ICP+0.0874%1h2.9928+0.228%$4.7M$5.0M5xas long as short