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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against edgeX+0.500%83s7-day average +0.097% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$790.786% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 3 days (all we have)−0.642%−$64 · spread now +0.500%, 7d avg +0.097%
Together, before fees−0.762%+ Points / potential airdropedgeX: Active · farm board−$76 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 0.403% dearer against edgeX than usual: you sell high and buy low, +$40 on $10k if it goes back to its 7-day average of +0.097%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC3.02790.0100pay 0.0050% / 4h3h 56m$23K$277K10x
ShortKuCoin ICPUSDTM3.04300.0100get 0.0100% / 8h7h 56m$5.2M$13.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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: +0.500% → +0.097%
$40.33
Slippage, 4 orders
−$57.55
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$38.22
Costs to cover
0.786%
Break-even
never at this rate
Slippage from edgeX: live order book, 17 min ago; KuCoin: live order book, 3 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 edgeX live order book, 17 min ago8.29 bp12.8 bp −$1326.4 bp −$264doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.65 bp26.7 bp −$2779.0 bp −$790doesn't fitdoesn't fit

ICP on 27 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
Phemex ICPUSDT−0.1503%8h3.0420+0.467%$1.8M$761K50xas long as short
Kraken Futures PF_ICPUSD−0.0121%1h3.0495+0.716%$555K$597K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0111%1h3.0445+0.550%$271$46450xas long as short
Variational Omni ICP−0.0099%8h3.0431+0.503%$1.1M$108Kas long as short
dYdX ICP-USD0.0000%1h3.0450+0.567%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0445+0.549%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.027%$202$200K12xas long as short
HTX ICP-USDT+0.0060%8h3.0410+0.434%$106K$238K20xas long as short
Lighter ICP+0.0096%1h3.0475+0.649%$158K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0470+0.632%$254K$1.6M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h3.0448+0.559%$138K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0443+0.544%$30.1M$51.9M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0450+0.566%$18.1M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0460+0.599%$6.1M$17.0M50xas long as short
Gate ICP_USDT+0.0100%8h3.0440+0.533%$2.0M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0450+0.566%$19.2M$9.3M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h3.0430+0.500%$5.2M$13.3M50x
Bitget ICPUSDT+0.0100%8h3.0460+0.599%$7.2M$4.7M50xas long as short
BingX ICP-USDT+0.0100%8h3.0440+0.533%$5.2Mas long as short
edgeX ICPUSDClong+0.0100%4h3.0279long leg$23K$277K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0263−0.050%$583K$450K10xas long as short
SunX ICP-USDT+0.0100%8h3.0440+0.533%$2K$1.8M20xas long as short
Extended ICP-USD+0.0104%1h3.0444+0.545%$25K$113K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0310+0.104%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0410+0.434%$64K$88K50xas long as short
Hyperliquid ICP+0.0295%1h3.0507+0.753%$4.8M$5.1M5xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0442+0.541%$38K100xas long as short