Funding you earn now, next payment 23:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.110%
Price spread now: BloFin against Kraken Futures−0.160%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$900.904% of the position
Funding, last 7 days+0.627%+$63 on $10k
+Price spread, last 3 days (all we have)+0.282%+$28 · spread now −0.160%, 7d avg −0.059%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.101% cheaper against Kraken Futures than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 2.9978 | 0.0223 | pay 0.0028% / 1h | 27m 09s | $488K | $526K | 50x |
| Short | BloFin ICP-USDT | 2.9930 | 0.0220 | get 0.0220% / 8h | 1h 27m | $1.2M | $2.3M | 75x |
Kraken Futures PF_ICPUSD
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$0.64
- Price spread: −0.160% → −0.059%
- −$10.15
- Slippage, 4 orders
- −$68.36
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.14
- Costs to cover
- 0.904%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 56 min ago; BloFin: 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 Kraken Futures live order book, 56 min ago | 8.36 bp | 41.6 bp −$42 | 125.0 bp −$1,250 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 5.01 bp | 11.0 bp −$11 | 12.6 bp −$126 | 70.4 bp −$7,036 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1378% | 8h | 2.9790 | −0.627% | $1.7M | $774K | 50x | as long as short |
| Variational Omni ICP | −0.0178% | 8h | 2.9901 | −0.256% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −1.044% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0080% | 8h | 2.9940 | −0.127% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9915 | −0.212% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9964 | −0.047% | $267 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9945 | −0.110% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0096% | 8h | 2.9940 | −0.127% | $17.4M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9993 | +0.050% | $165K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9967 | −0.035% | $201K | $1.4M | 20x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9911 | −0.223% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9948 | −0.099% | $29.8M | $49.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9950 | −0.094% | $5.9M | $16.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9950 | −0.094% | $19.2M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9940 | −0.127% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9960 | −0.060% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.160% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9937 | −0.136% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9961 | −0.058% | $574K | $480K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9940 | −0.127% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9920 | −0.194% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9943 | −0.118% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9930 | −0.160% | $1.2M | $2.3M | 75x | |
| Kraken Futures PF_ICPUSDlong | +0.0223% | 1h | 2.9978 | long leg | $488K | $526K | 50x | |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9980 | +0.006% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9951 | −0.091% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0672% | 1h | 3.0019 | +0.137% | $4.8M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP