Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Binance against KuCoin+0.034%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.034%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.039% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9420 | 0.0100 | pay 0.0100% / 8h | 4h 46m | $4.8M | $12.8M | 50x |
| Short | Binance ICPUSDT | 2.9430 | 0.0100 | get 0.0100% / 8h | 4h 46m | $28.9M | $51.9M | 75x |
KuCoin ICPUSDTM
Binance ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- Price spread: +0.034% → −0.005%
- $3.93
- Slippage, 4 orders
- −$52.71
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$70.78
- Costs to cover
- 0.747%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 10 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 KuCoin live order book, 2 min ago | 3.40 bp | 29.3 bp −$29 | 114.0 bp −$1,140 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.69 bp | 9.5 bp −$10 | 21.4 bp −$214 | 201.8 bp −$20.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9445 | +0.084% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9411 | −0.031% | $262 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9442 | +0.075% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.833% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0092% | 8h | 2.9460 | +0.135% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9443 | +0.078% | $157K | $485K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9432 | +0.041% | $267K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9428 | +0.029% | $133K | $10K | 5x | as long as short |
| Binance ICPUSDTshort | +0.0100% | 8h | 2.9430 | +0.034% | $28.9M | $51.9M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9420 | 0.000% | $17.0M | $18.6M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9420 | 0.000% | $5.6M | $16.5M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9430 | +0.034% | $1.8M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9440 | +0.068% | $19.7M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9420 | long leg | $4.8M | $12.8M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9440 | +0.068% | $6.9M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9430 | +0.034% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9449 | +0.097% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9442 | +0.075% | $569K | $464K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9430 | +0.034% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9440 | +0.068% | $103K | $176K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9400 | −0.068% | $1.7M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9424 | +0.015% | $22K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9430 | +0.034% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9710 | +0.986% | $67K | $63K | 50x | as long as short |
| Hyperliquid ICP | +0.0374% | 1h | 2.9478 | +0.197% | $4.6M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0503% / S −0.0480% | 1h | 2.9448 | +0.096% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0573% | 1h | 2.9447 | +0.091% | $517K | $625K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD