Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.027%
Price spread now: gTrade (Gains Network) against KuCoin+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.025% dearer against KuCoin than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9430 | 0.0100 | pay 0.0100% / 8h | 20m 02s | $4.9M | $11.6M | 50x |
| Short | gTrade (Gains Network) ICP/USD | 2.9437 | L +0.0006% / S −0.0004% | get 0.0001% / 1h | 20m 02s | $6K | — | 150x |
KuCoin ICPUSDTM
gTrade (Gains Network) ICP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$20.12
- Price spread: +0.025% → 0.000%
- $2.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$39.64
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 8 min ago; gTrade (Gains Network): 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, 8 min ago | 1.70 bp | 28.1 bp −$28 | 78.3 bp −$783 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 | −0.0256% | 8h | 2.9440 | +0.034% | $1.8M | $685K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0212% | 1h | 2.9464 | +0.116% | $521K | $661K | 50x | as long as short |
| Variational Omni ICP | −0.0155% | 8h | 2.9360 | −0.238% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0124% | 1h | 2.9423 | −0.024% | $191 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9408 | −0.074% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USDshort | L +0.0006% / S −0.0004% | 1h | 2.9437 | +0.025% | $6K | — | 150x | |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.799% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0054% | 8h | 2.9410 | −0.068% | $17.0M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9434 | +0.014% | $137K | $489K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9467 | +0.126% | $4.5M | $4.6M | 5x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter ICP
Hyperliquid ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9436 | +0.020% | $271K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9426 | −0.014% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9440 | +0.034% | $28.7M | $47.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9420 | −0.034% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9430 | 0.000% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9430 | 0.000% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9430 | long leg | $4.9M | $11.6M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9450 | +0.068% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9430 | 0.000% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9384 | −0.155% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9410 | −0.068% | $567K | $568K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9420 | −0.034% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9420 | −0.034% | $103K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9432 | +0.006% | $22K | $233K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9410 | −0.068% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9750 | +1.087% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9437 | +0.025% | $32K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance 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
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]