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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.066%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$860.857% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 7 days+0.028%+$3 · spread now −0.066%, 7d avg 0.000%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.067% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT3.01600.0100pay 0.0100% / 8h6h 26m$7.1M$4.9M50x
ShortKuCoin ICPUSDTM3.01400.0100get 0.0100% / 8h6h 26m$5.0M$13.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$0
Price spread: −0.066% → 0.000%
−$6.66
Slippage, 4 orders
−$61.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$92.35
Costs to cover
0.857%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 7 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 Bitget live order book, 2 min ago3.32 bp14.6 bp −$1527.7 bp −$277doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago1.67 bp29.2 bp −$2982.6 bp −$826doesn't fitdoesn't fit

ICP on 26 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
Variational Omni ICP−0.0004%8h2.9960−0.662%$1.1M$118Kas long as short
dYdX ICP-USD0.0000%1h3.0150−0.034%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0141−0.063%$269$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0142−0.059%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.641%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0191+0.103%$165K$491K5xas long as short
Aster ICPUSDT+0.0100%8h3.0141−0.065%$281K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0157−0.011%$137K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0160+0.001%$29.8M$54.1M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0150−0.033%$17.7M$19.0M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h3.0150−0.033%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0140−0.066%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.01600.000%$19.5M$10.1M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h3.0140−0.066%$5.0M$13.4M50x
Bitget ICPUSDTlong+0.0100%8h3.0160long leg$7.1M$4.9M50x
BingX ICP-USDT+0.0100%8h3.0140−0.066%$6.0Mas long as short
edgeX ICPUSDC+0.0100%4h2.9990−0.562%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9947−0.708%$581K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0130−0.099%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0100−0.199%$105K$239K20xas long as short
Phemex ICPUSDT+0.0100%8h3.0110−0.166%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h3.0137−0.076%$22K$131K10xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0120−0.133%$65K$72K50xas long as short
Hyperliquid ICP+0.0280%1h3.0183+0.076%$4.7M$5.2M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0138−0.073%$37K100xas long as short
Kraken Futures PF_ICPUSD+0.0890%1h3.0171+0.036%$547K$611K50xas long as short