Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against KuCoin−0.027%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$820.825% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.027%, 7d avg −0.063%
=Together, before fees+0.256%+ Points / potential airdropExtended: Active · farm board+$26 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: Extended is 0.035% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.063%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9570 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $4.9M | $11.4M | 50x |
| Short | Extended ICP-USD | 2.9562 | 0.0104 | get 0.0013% / 1h | 50m 30s | $26K | $235K | 10x |
KuCoin ICPUSDTM
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.027% → −0.063%
- $3.54
- Slippage, 4 orders
- −$65.48
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$78.1
- Costs to cover
- 0.825%
- Break-even
- 657.8 days
Slippage from KuCoin: live order book, 8 min ago; Extended: live order book, 46 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, 8 min ago | 3.38 bp | 30.5 bp −$30 | 78.4 bp −$784 | doesn't fit | doesn't fit |
| Sell Extended live order book, 46 min ago | 3.73 bp | 12.1 bp −$12 | 76.4 bp −$764 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0339% | 1h | 2.9608 | +0.129% | $524K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0151% | 8h | 2.9540 | −0.101% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0088% | 1h | 2.9566 | −0.014% | $192 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9560 | −0.035% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9575 | +0.017% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.321% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9577 | +0.024% | $138K | $485K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9601 | +0.105% | $4.5M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9593 | +0.078% | $277K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9578 | +0.029% | $133K | $9K | 5x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
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 | 2.9564 | −0.021% | $28.8M | $47.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9540 | −0.101% | $17.1M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9540 | −0.101% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9560 | −0.034% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9560 | −0.034% | $19.4M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9570 | long leg | $4.9M | $11.4M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9570 | 0.000% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9560 | −0.034% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9548 | −0.073% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9559 | −0.036% | $574K | $577K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9560 | −0.034% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9550 | −0.068% | $103K | $114K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9530 | −0.135% | $1.8M | $686K | 50x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9562 | −0.027% | $26K | $235K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9620 | +0.169% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.609% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0491% / S −0.0459% | 1h | 2.9569 | −0.004% | $36K | — | 100x | as long as short |
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
HTX ICP-USDT
Phemex ICPUSDT
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]