Settings8H · net · $10k
Funding arb · Price arb /

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against KuCoin−0.308%83s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.723% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.095%+$9 on $10k
Price spread, last 4 days (all we have)+0.450%+$45 · spread now −0.308%, 7d avg −0.082%
Together, before fees+0.545%+ Points / potential airdropedgeX: Active · farm board+$54 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.226% cheaper against KuCoin than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.082%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ICPUSDTM2.94500.0100pay 0.0100% / 8h2h 12m$4.8M$12.2M50x
ShortedgeX ICPUSDC2.93590.0100get 0.0050% / 4h2h 12m$23K$280K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.308% → −0.082%
−$22.6
Slippage, 4 orders
−$51.35
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$94.95
Costs to cover
0.723%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 min ago; edgeX: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago1.70 bp24.7 bp −$2571.7 bp −$717doesn't fitdoesn't fit
Sell edgeX live order book, 35 min ago6.84 bp11.5 bp −$1226.5 bp −$265doesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0191%1h2.9449−0.003%$192$43950xas long as short
Kraken Futures PF_ICPUSD−0.0068%1h2.9479+0.100%$523K$688K50xas long as short
dYdX ICP-USD0.0000%1h2.9450−0.001%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9446−0.013%$10K150xas long as short
Phemex ICPUSDT+0.0029%8h2.9350−0.340%$1.7M$670K50xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.730%$202$200K12xas long as short
Variational Omni ICP+0.0057%8h2.9340−0.373%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9467+0.058%$142K$494K5xas long as short
Hyperliquid ICP+0.0100%1h2.9479+0.098%$4.6M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9456+0.021%$263K$1.3M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICP+0.0100%1h2.9441−0.029%$133K$10K5xas long as short
Binance ICPUSDT+0.0100%8h2.94500.000%$28.9M$48.9M75xas long as short
Bybit ICPUSDT+0.0100%8h2.94500.000%$17.2M$18.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9460+0.034%$5.6M$14.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9430−0.068%$1.8M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.94500.000%$18.5M$10.0M50xas long as short
KuCoin ICPUSDTMlong+0.0100%8h2.9450long leg$4.8M$12.2M50x
Bitget ICPUSDT+0.0100%8h2.9480+0.102%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9440−0.034%$5.8Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9359−0.308%$23K$280K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9358−0.311%$567K$505K10xas long as short
SunX ICP-USDT+0.0100%8h2.9420−0.102%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9410−0.136%$103K$118K20xas long as short
Extended ICP-USD+0.0104%1h2.9432−0.059%$23K$131K10xas long as short
BloFin ICP-USDT+0.0220%8h2.94500.000%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9470+0.068%$57K$70K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9437−0.043%$31K100xas long as short