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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0158%/8h= +17.3% APRpaid last 24h +0.058%
Price spread now: Aster against Kraken Futures−0.090%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$800.799% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.199%+$20 on $10k
Price spread, last 4 days (all we have)+0.346%+$35 · spread now −0.090%, 7d avg −0.001%
Together, before fees+0.545%+ Points / potential airdropAster: Stage 5 · farm board+$55 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.090% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.001%). If the spread goes back, that is −$9 on $10k: about 45 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ICPUSD2.9497−0.0058get 0.0007% / 1h25m 41s$526K$597K50x
ShortAster ICPUSDT2.94700.0100get 0.0100% / 8h3h 25m$260K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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
$33.17
Price spread: −0.090% → −0.001%
−$8.96
Slippage, 4 orders
−$61.93
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$55.72
Costs to cover
0.799%
Break-even
18.8 days
Slippage from Kraken Futures: live order book, 27 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 Kraken Futures live order book, 27 min ago6.74 bp23.4 bp −$2348.0 bp −$480doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago3.40 bp14.3 bp −$14257.9 bp −$2,579doesn'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
Deribit ICP_USDC-PERPETUAL−0.0089%1h2.9469−0.094%$192$43950xas long as short
Kraken Futures PF_ICPUSDlong−0.0058%1h2.9497long leg$526K$597K50x
Phemex ICPUSDT−0.0006%8h2.9460−0.124%$1.7M$788K50xas long as short
dYdX ICP-USD0.0000%1h2.9460−0.124%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9472−0.085%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.571%$202$200K12xas long as short
Variational Omni ICP+0.0081%8h2.9460−0.126%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9481−0.053%$143K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9501+0.015%$4.6M$4.8M5xas long as short
Aster ICPUSDTshort+0.0100%8h2.9470−0.090%$260K$1.5M20x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9474−0.076%$134K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9471−0.088%$28.8M$48.6M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9470−0.090%$17.1M$17.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9470−0.090%$5.7M$15.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9470−0.090%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9470−0.090%$18.8M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9480−0.056%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9480−0.056%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9480−0.056%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9486−0.036%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9464−0.110%$567K$475K10xas long as short
SunX ICP-USDT+0.0100%8h2.9450−0.158%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9390−0.362%$103K$117K20xas long as short
Extended ICP-USD+0.0104%1h2.9462−0.117%$22K$132K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9440−0.192%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9550+0.181%$66K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9474−0.075%$31K100xas long as short