ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.018%

Price spread now: Gate against Lighter−0.080%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$590.587% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.080%, 7d avg −0.062%

Together, before fees−0.033%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter ICP	2.9994	0.0096	pay 0.0012% / 1h	2m 34s	$163K	$492K	5x
Short	Gate ICP_USDT	2.9970	0.0100	get 0.0100% / 8h	6h 02m	$1.9M	$3.1M	50x

Funding history

latest

Range statsloading…

Gate against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee GatebpOrdersPrice spread, now −0.080%Rate

Slippage from Lighter: live order book, 57 min ago; Gate: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 57 min ago	2.15 bp	17.4 bp −$17	45.5 bp −$455	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.33 bp	19.1 bp −$19	72.8 bp −$728	161.5 bp −$16.1K	doesn't fit

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
Deribit ICP_USDC-PERPETUAL	−0.0117%	1h	2.9974	−0.067%	$267	$464	50x	as long as short
dYdX ICP-USD	0.0000%	1h	2.9977	−0.057%	$70K	$4K	5x	as long as short
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0011%	1h	2.9983	−0.037%	$23K	—	150x	as long as short
Variational Omni ICP	+0.0020%	8h	2.9990	−0.014%	$1.1M	$116K	—	as long as short
Injective ICP/USDC PERP	+0.0033%	1h	2.9665	−1.097%	$202	$200K	12x	as long as short
Phemex ICPUSDT	+0.0037%	8h	2.9980	−0.047%	$1.8M	$798K	50x	as long as short
Lighter ICPlong	+0.0096%	1h	2.9994	long leg	$163K	$492K	5x
Aster ICPUSDT	+0.0100%	8h	2.9981	−0.042%	$278K	$1.7M	20x	as long as short
Pacifica ICP	+0.0100%	1h	2.9968	−0.088%	$136K	$11K	5x	as long as short
Binance ICPUSDT	+0.0100%	8h	2.9988	−0.018%	$29.6M	$53.3M	75x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ICPUSDT	+0.0100%	8h	2.9980	−0.047%	$17.5M	$19.0M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0100%	8h	2.9990	−0.013%	$5.8M	$17.0M	50x	as long as short
Gate ICP_USDTshort	+0.0100%	8h	2.9970	−0.080%	$1.9M	$3.1M	50x
MEXC ICP_USDT	+0.0100%	8h	2.9960	−0.113%	$19.1M	$10.2M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	2.9950	−0.147%	$4.9M	$13.3M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	2.9990	−0.013%	$7.0M	$4.9M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	2.9970	−0.080%	—	$6.0M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	3.0026	+0.106%	$23K	$280K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	2.9998	+0.012%	$582K	$480K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	2.9960	−0.113%	$2K	$1.8M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	2.9960	−0.113%	$105K	$218K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	2.9962	−0.108%	$22K	$127K	10x	as long as short
Hyperliquid ICP	+0.0120%	1h	3.0026	+0.107%	$4.6M	$5.0M	5x	as long as short
Coinbase International ICP-PERP-INTX	+0.0256%	1h	3.0140	+0.487%	$65K	$68K	50x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0508% / S −0.0480%	1h	2.9973	−0.069%	$37K	—	100x	as long as short
Kraken Futures PF_ICPUSD	+0.0894%	1h	3.0025	+0.105%	$544K	$609K	50x	as long as short