ICP

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0317%/8h= −34.8% APRnext payment −$0.40 per $10,000 · paid last 24h −0.019%

Price spread now: Kraken Futures against gTrade (Gains Network)+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.044% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) ICP/USD	2.9717	L +0.0006% / S −0.0002%	pay 0.0001% / 1h	5m 43s	$10K	—	150x
Short	Kraken Futures PF_ICPUSD	2.9730	−0.0312	pay 0.0039% / 1h	5m 43s	$526K	$651K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against gTrade (Gains Network). 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

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee Kraken FuturesbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$66.65
Price spread: +0.044% → 0.000%: $4.37
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$82.28
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: live order book, 37 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 37 min ago	5.10 bp	13.4 bp −$13	35.6 bp −$356	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_ICPUSDshort	−0.0312%	1h	2.9730	+0.044%	$526K	$651K	50x
Phemex ICPUSDT	−0.0192%	8h	2.9580	−0.460%	$1.8M	$680K	50x	as long as short
Deribit ICP_USDC-PERPETUAL	−0.0053%	1h	2.9689	−0.093%	$193	$439	50x	as long as short
Variational Omni ICP	−0.0037%	8h	2.9670	−0.157%	$1.1M	$133K	—	as long as short
dYdX ICP-USD	0.0000%	1h	2.9714	−0.008%	$69K	$3K	5x	as long as short
gTrade (Gains Network) ICP/USDlong	L +0.0006% / S −0.0002%	1h	2.9717	long leg	$10K	—	150x
Injective ICP/USDC PERP	+0.0033%	1h	2.9665	−0.174%	$202	$200K	12x	as long as short
Lighter ICP	+0.0096%	1h	2.9706	−0.036%	$139K	$496K	5x	as long as short
Aster ICPUSDT	+0.0100%	8h	2.9705	−0.037%	$281K	$1.0M	20x	as long as short
Pacifica ICP	+0.0100%	1h	2.9699	−0.060%	$134K	$9K	5x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance ICPUSDT	+0.0100%	8h	2.9686	−0.102%	$29.1M	$48.3M	75x	as long as short
Bybit ICPUSDT	+0.0100%	8h	2.9660	−0.190%	$17.3M	$17.8M	75x	as long as short
OKX ICP-USDT-SWAP	+0.0100%	8h	2.9670	−0.157%	$5.8M	$15.1M	50x	as long as short
Gate ICP_USDT	+0.0100%	8h	2.9690	−0.090%	$1.9M	$2.9M	50x	as long as short
MEXC ICP_USDT	+0.0100%	8h	2.9700	−0.056%	$19.1M	$10.0M	50x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	2.9700	−0.056%	$4.9M	$11.8M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	2.9710	−0.022%	$7.0M	$4.6M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	2.9680	−0.123%	—	$5.7M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	2.9683	−0.114%	$23K	$279K	10x	as long as short
GRVT ICP_USDT_Perp	+0.0100%	8h	2.9677	−0.132%	$564K	$558K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	2.9710	−0.022%	$2K	$1.5M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	2.9720	+0.011%	$104K	$112K	20x	as long as short
Extended ICP-USD	+0.0104%	1h	2.9692	−0.081%	$22K	$117K	10x	as long as short
Hyperliquid ICP	+0.0121%	1h	2.9732	+0.052%	$4.6M	$4.6M	5x	as long as short
BloFin ICP-USDT	+0.0220%	8h	2.9720	+0.011%	$1.3M	$2.4M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0320%	1h	2.9680	−0.123%	$58K	$69K	50x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0457% / S −0.0403%	1h	2.9718	+0.004%	$33K	—	100x	as long as short