Funding you earn now, next payment 22:00 UTC−0.0043%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h +0.098%
Price spread now: Extended against Kraken Futures−0.130%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.130%, 7d avg −0.086%
=Together, before fees+0.347%+ Points / potential airdropExtended: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.043% cheaper against Kraken Futures than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.086%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.403%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 2.9909 | 0.0147 | pay 0.0018% / 1h | 23m 13s | $490K | $517K | 50x |
| Short | Extended ICP-USD | 2.9870 | 0.0104 | get 0.0013% / 1h | 23m 13s | $24K | $123K | 10x |
Kraken Futures PF_ICPUSD
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$9.13
- Price spread: −0.130% → −0.086%
- −$4.34
- Slippage, 4 orders
- −$50.65
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$79.13
- Costs to cover
- 0.657%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 64 min ago; Extended: live order book, 62 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, 64 min ago | 10.10 bp | 21.3 bp −$21 | 50.3 bp −$503 | doesn't fit | doesn't fit |
| Sell Extended live order book, 62 min ago | 3.54 bp | 12.2 bp −$12 | 77.9 bp −$779 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1412% | 8h | 2.9690 | −0.733% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0285% | 1h | 2.9880 | −0.097% | $266 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0245% | 8h | 2.9864 | −0.151% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.816% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0096% | 8h | 2.9840 | −0.231% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9889 | −0.068% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9876 | −0.109% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0011% | 8h | 2.9860 | −0.164% | $17.2M | $17.6M | 75x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9875 | −0.114% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9886 | −0.077% | $135K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9878 | −0.105% | $29.1M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9880 | −0.097% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9870 | −0.131% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9870 | −0.131% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9880 | −0.097% | $6.9M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9870 | −0.131% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9855 | −0.180% | $23K | $276K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9854 | −0.184% | $572K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9870 | −0.131% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9770 | −0.465% | $106K | $219K | 20x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9870 | −0.130% | $24K | $123K | 10x | |
| Lighter ICP | +0.0144% | 1h | 2.9906 | −0.010% | $167K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSDlong | +0.0147% | 1h | 2.9909 | long leg | $490K | $517K | 50x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9880 | −0.097% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9890 | −0.064% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0534% / S −0.0529% | 1h | 2.9877 | −0.107% | $40K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0873% | 1h | 2.9937 | +0.093% | $4.7M | $5.0M | 5x | as long as short |
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
Lighter ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP