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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.032%
Price spread now: Aster against Injective−1.527%7-day average −0.743% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.157%+$16 on $10k
Price spread, last 4 days (all we have)+1.459%+$146 · spread now −1.527%, 7d avg −0.743%
Together, before fees+1.616%+ Points / potential airdropAster: Stage 5 · farm board+$162 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.785% cheaper against Injective than usual: you would sell low and buy high (spread −1.527% now, against its 7-day average of −0.743%). If the spread goes back, that is −$78 on $10k: about 39 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ICP/USDC PERP2.96650.0033pay 0.0004% / 1h1m 10s$202$200K12x
ShortAster ICPUSDT2.92120.0100get 0.0100% / 8h3h 01m$262K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14
Price spread: −1.527% → −0.743%
−$78.45
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
−$72.47
Costs to cover
0.080%
Break-even
43.2 days
Slippage unknown: Injective: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Aster live order book, 2 min ago3.42 bp19.7 bp −$20262.4 bp −$2,624doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0127%1h2.9192−1.594%$190$43950xas long as short
Kraken Futures PF_ICPUSD−0.0059%1h2.9210−1.533%$487K$634K50xas long as short
dYdX ICP-USD0.0000%1h2.9195−1.584%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9203−1.558%$10K150xas long as short
Injective ICP/USDC PERPlong+0.0033%1h2.9665long leg$202$200K12x
Variational Omni ICP+0.0072%8h2.9310−1.197%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9206−1.547%$141K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9226−1.482%$4.5M$4.8M5xas long as short
Aster ICPUSDTshort+0.0100%8h2.9212−1.527%$262K$1.5M20x
Pacifica ICP+0.0100%1h2.9209−1.537%$132K$10K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9203−1.556%$28.6M$48.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9180−1.635%$16.9M$17.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9200−1.568%$5.6M$14.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9190−1.601%$1.8M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9210−1.534%$18.0M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9180−1.635%$4.8M$12.2M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9210−1.534%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9200−1.568%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9233−1.455%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9263−1.356%$562K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9200−1.568%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9200−1.568%$102K$116K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9290−1.264%$1.7M$782K50xas long as short
Extended ICP-USD+0.0104%1h2.9191−1.598%$22K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9220−1.500%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9530−0.455%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9198−1.574%$30K100xas long as short