Funding you earn now, next payment 06:00 UTC+0.0168%/8h= +18.4% APRpaid last 24h +0.051%
Price spread now: SunX against Kraken Futures−0.089%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1721.716% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 4 days (all we have)+0.177%+$18 · spread now −0.089%, 7d avg −0.089%
=The price spread sits at its 7-day average of −0.089%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 2.9466 | −0.0068 | get 0.0008% / 1h | 12m 21s | $523K | $688K | 50x |
| Short | SunX ICP-USDT | 2.9440 | 0.0100 | get 0.0100% / 8h | 2h 12m | $1K | $1.5M | 20x |
Kraken Futures PF_ICPUSD
SunX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $35.25
- Price spread: −0.089% → −0.089%
- −$0.01
- Slippage, 4 orders
- −$153.59
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$136.35
- Costs to cover
- 1.716%
- Break-even
- 34.1 days
Slippage from Kraken Futures: live order book, 36 min ago; SunX: live order book, 13 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, 36 min ago | 6.82 bp | 19.0 bp −$19 | 39.5 bp −$395 | doesn't fit | doesn't fit |
| Sell SunX live order book, 13 min ago | 46.27 bp | 67.7 bp −$68 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0191% | 1h | 2.9446 | −0.069% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSDlong | −0.0068% | 1h | 2.9466 | long leg | $523K | $688K | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9450 | −0.056% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9446 | −0.068% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.674% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0041% | 8h | 2.9350 | −0.395% | $1.7M | $669K | 50x | as long as short |
| Variational Omni ICP | +0.0057% | 8h | 2.9340 | −0.428% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9450 | −0.055% | $142K | $494K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9479 | +0.043% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9451 | −0.051% | $263K | $1.3M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Variational Omni ICP
Lighter ICP
Hyperliquid 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 | 2.9441 | −0.084% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9450 | −0.055% | $28.9M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9450 | −0.055% | $17.2M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9430 | −0.123% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9430 | −0.123% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9430 | −0.123% | $18.5M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9440 | −0.089% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9460 | −0.021% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9440 | −0.089% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9359 | −0.363% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9358 | −0.366% | $567K | $505K | 10x | as long as short |
| SunX ICP-USDTshort | +0.0100% | 8h | 2.9440 | −0.089% | $1K | $1.5M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9410 | −0.191% | $103K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9417 | −0.168% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9450 | −0.055% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9470 | +0.013% | $57K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9437 | −0.098% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]