Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Binance−0.034%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$750.750% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now −0.034%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.040% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9310 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $28.7M | $48.6M | 75x |
| Short | KuCoin ICPUSDTM | 2.9300 | 0.0100 | get 0.0100% / 8h | 1h 34m | $4.8M | $12.1M | 50x |
Binance ICPUSDT
KuCoin ICPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $0
- Price spread: −0.034% → +0.006%
- −$3.97
- Slippage, 4 orders
- −$53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$78.97
- Costs to cover
- 0.750%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 4 min ago.
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 Binance live order book, 8 min ago | 1.70 bp | 10.5 bp −$11 | 20.0 bp −$200 | 286.9 bp −$28.7K | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.41 bp | 32.3 bp −$32 | 67.2 bp −$672 | doesn't fit | doesn't fit |
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 | −0.0316% | 1h | 2.9330 | +0.067% | $520K | $663K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0159% | 1h | 2.9297 | −0.044% | $191 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0072% | 8h | 2.9320 | +0.034% | $1.7M | $677K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9329 | +0.065% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9308 | −0.005% | $10K | — | 150x | as long as short |
| Variational Omni ICP | +0.0010% | 8h | 2.9280 | −0.103% | $1.0M | $133K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.211% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9319 | +0.031% | $138K | $495K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9332 | +0.075% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9313 | +0.011% | $260K | $1.1M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9318 | +0.026% | $132K | $9K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9310 | long leg | $28.7M | $48.6M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9290 | −0.068% | $17.1M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9310 | 0.000% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9290 | −0.068% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9310 | 0.000% | $18.7M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 2.9300 | −0.034% | $4.8M | $12.1M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9310 | 0.000% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9290 | −0.068% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9363 | +0.181% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9368 | +0.196% | $561K | $537K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9290 | −0.068% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9290 | −0.068% | $102K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9287 | −0.078% | $23K | $120K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9310 | 0.000% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9490 | +0.614% | $57K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0409% / S −0.0331% | 1h | 2.9300 | −0.035% | $28K | — | 100x | as long as short |
Pacifica ICP
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]