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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.003%
Price spread now: KuCoin against Extended+0.028%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$830.828% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.037%−$4 on $10k
Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.028%, 7d avg +0.066%
Together, before fees−0.123%+ Points / potential airdropExtended: Active · farm board−$12 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 0.038% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ICP-USD2.92020.0104pay 0.0013% / 1h2m 29s$22K$131K10x
ShortKuCoin ICPUSDTM2.92100.0100get 0.0100% / 8h3h 02m$4.8M$12.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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
−$0.84
Price spread: +0.028% → +0.066%
−$3.78
Slippage, 4 orders
−$65.82
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$87.44
Costs to cover
0.828%
Break-even
never at this rate
Slippage from Extended: live order book, 48 min ago; KuCoin: live order book, 11 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 Extended live order book, 48 min ago3.72 bp12.5 bp −$1386.3 bp −$863doesn't fitdoesn't fit
Sell KuCoin live order book, 11 min ago1.70 bp26.0 bp −$2671.7 bp −$717doesn'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
Deribit ICP_USDC-PERPETUAL−0.0229%1h2.9224+0.076%$190$43950xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9240+0.131%$488K$633K50xas long as short
dYdX ICP-USD0.0000%1h2.9245+0.148%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9223+0.074%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.586%$202$200K12xas long as short
Variational Omni ICP+0.0072%8h2.9310+0.370%$1.0M$134Kas long as short
Phemex ICPUSDT+0.0076%8h2.9280+0.268%$1.7M$783K50xas long as short
Lighter ICP+0.0096%1h2.9227+0.086%$141K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9246+0.151%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9236+0.115%$262K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9234+0.109%$132K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.9210+0.028%$28.6M$48.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9200−0.006%$16.9M$17.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9210+0.028%$5.6M$14.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9200−0.006%$1.8M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9210+0.028%$18.0M$10.3M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h2.9210+0.028%$4.8M$12.2M50x
Bitget ICPUSDT+0.0100%8h2.9230+0.096%$6.9M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9220+0.062%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9283+0.279%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9263+0.209%$562K$492K10xas long as short
SunX ICP-USDT+0.0100%8h2.9230+0.096%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9220+0.062%$102K$116K20xas long as short
Extended ICP-USDlong+0.0104%1h2.9202long leg$22K$131K10x
BloFin ICP-USDT+0.0220%8h2.9260+0.199%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9530+1.124%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9216+0.049%$30K100xas long as short