Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%
Price spread now: KuCoin against Bybit+0.068%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$790.795% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.068%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.027% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9530 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $17.1M | $17.8M | 75x |
| Short | KuCoin ICPUSDTM | 2.9550 | 0.0100 | get 0.0100% / 8h | 7h 52m | $4.9M | $11.4M | 50x |
Bybit ICPUSDT
KuCoin ICPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: +0.068% → +0.040%
- $2.75
- Slippage, 4 orders
- −$56.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$76.72
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 6 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 Bybit live order book, 1 min ago | 3.38 bp | 11.4 bp −$11 | 29.8 bp −$298 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 3.38 bp | 26.9 bp −$27 | 74.7 bp −$747 | 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 | −0.0339% | 1h | 2.9584 | +0.184% | $524K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0149% | 8h | 2.9500 | −0.101% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0021% | 1h | 2.9543 | +0.044% | $192 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9560 | +0.101% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9531 | +0.002% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.457% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9551 | +0.071% | $138K | $485K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9576 | +0.156% | $4.5M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9564 | +0.116% | $277K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9548 | +0.062% | $133K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9550 | +0.069% | $28.8M | $47.8M | 75x | as long as short |
| Bybit ICPUSDTlong | +0.0100% | 8h | 2.9530 | long leg | $17.1M | $17.8M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9540 | +0.034% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9550 | +0.068% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9550 | +0.068% | $19.4M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 2.9550 | +0.068% | $4.9M | $11.4M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9560 | +0.102% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9550 | +0.068% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9484 | −0.157% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9480 | −0.170% | $572K | $590K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9550 | +0.068% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9480 | −0.169% | $103K | $114K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9530 | 0.000% | $1.8M | $686K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9549 | +0.064% | $26K | $235K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9570 | +0.135% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.745% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0492% / S −0.0459% | 1h | 2.9549 | +0.065% | $36K | — | 100x | as long as short |
Binance 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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]