Funding you earn now, next payment 03:00 UTC+0.0194%/8h= +21.3% APRpaid last 24h −0.072%
Price spread now: Kraken Futures against edgeX+0.070%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 7 days−0.432%−$43 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.070%, 7d avg +0.127%
=Together, before fees−0.460%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.057% cheaper against edgeX than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.127%). If the spread goes back, that is −$6 on $10k: about 23 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.432%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 2.9769 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $23K | $279K | 10x |
| Short | Kraken Futures PF_ICPUSD | 2.9789 | 0.0294 | get 0.0037% / 1h | 36m 45s | $524K | $640K | 50x |
edgeX ICPUSDC
Kraken Futures PF_ICPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $40.82
- Price spread: +0.070% → +0.127%
- −$5.68
- Slippage, 4 orders
- −$43.03
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$26.89
- Costs to cover
- 0.620%
- Break-even
- 11.6 days
Slippage from edgeX: live order book, 26 min ago; Kraken Futures: live order book, 26 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 edgeX live order book, 26 min ago | 8.34 bp | 12.8 bp −$13 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 26 min ago | 5.00 bp | 16.1 bp −$16 | 36.5 bp −$365 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9709 | −0.200% | $69K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9747 | −0.073% | $265 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9752 | −0.056% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.348% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0053% | 8h | 2.9769 | +0.002% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9799 | +0.102% | $161K | $483K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9776 | +0.024% | $4.6M | $5.0M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9776 | +0.025% | $274K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9709 | −0.200% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9752 | −0.056% | $29.3M | $53.6M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9750 | −0.062% | $17.4M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9760 | −0.029% | $5.8M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9740 | −0.096% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9760 | −0.029% | $19.4M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9740 | −0.096% | $4.8M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9770 | +0.005% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.096% | — | $6.0M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9769 | long leg | $23K | $279K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9717 | −0.174% | $564K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.096% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9680 | −0.298% | $104K | $182K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9820 | +0.173% | $1.8M | $793K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9753 | −0.054% | $22K | $123K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9740 | −0.096% | $1.3M | $2.2M | 75x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.0294% | 1h | 2.9789 | +0.070% | $524K | $640K | 50x | |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9880 | +0.374% | $67K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9755 | −0.045% | $37K | — | 100x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
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]