Funding you earn now, next payment 01:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.143%
Price spread now: Deribit against KuCoin−0.095%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 3.0420 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $5.2M | $13.3M | 50x |
| Short | Deribit ICP_USDC-PERPETUAL | 3.0391 | −0.0079 | pay 0.0010% / 1h | 56m 42s | $271 | $464 | 50x |
KuCoin ICPUSDTM
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$37.59
- Price spread: −0.095% → 0.000%
- −$9.53
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$66.12
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Deribit: no order-book sample. 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 KuCoin live order book, 2 min ago | 1.65 bp | 26.3 bp −$26 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.0765% | 8h | 3.0350 | −0.230% | $1.8M | $761K | 50x | as long as short |
| HTX ICP-USDT | −0.0587% | 8h | 3.0260 | −0.526% | $106K | $237K | 20x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0122% | 1h | 3.0424 | +0.013% | $554K | $596K | 50x | as long as short |
| Variational Omni ICP | −0.0101% | 8h | 3.0221 | −0.654% | $1.1M | $108K | — | as long as short |
| Deribit ICP_USDC-PERPETUALshort | −0.0079% | 1h | 3.0391 | −0.095% | $271 | $464 | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0450 | +0.100% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0395 | −0.083% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.482% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0466 | +0.151% | $158K | $450K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0458 | +0.124% | $254K | $1.6M | 20x | as long as short |
Phemex ICPUSDT
HTX ICP-USDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 3.0448 | +0.092% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0450 | +0.099% | $30.1M | $51.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0430 | +0.033% | $18.1M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0440 | +0.066% | $6.1M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0430 | +0.033% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0450 | +0.099% | $19.3M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 3.0420 | long leg | $5.2M | $13.3M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0460 | +0.131% | $7.2M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0430 | +0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0279 | −0.465% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0263 | −0.515% | $583K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0370 | −0.164% | $2K | $1.8M | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0434 | +0.045% | $25K | $113K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0310 | −0.362% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0340 | −0.263% | $64K | $88K | 50x | as long as short |
| Hyperliquid ICP | +0.0307% | 1h | 3.0490 | +0.230% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0399 | −0.068% | $38K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]