Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: MEXC against KuCoin+0.034%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.034%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.043% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9710 | 0.0100 | pay 0.0100% / 8h | 6h 59m | $4.9M | $11.1M | 50x |
| Short | MEXC ICP_USDT | 2.9720 | 0.0100 | get 0.0100% / 8h | 6h 59m | $19.1M | $9.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → −0.009%
- $4.27
- Slippage, 4 orders
- −$41.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$48.89
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; MEXC: live order book, 4 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, 9 min ago | 3.37 bp | 24.2 bp −$24 | 69.5 bp −$695 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.68 bp | 1.9 bp −$2 | 7.6 bp −$76 | 63.1 bp −$6,315 | 134.9 bp −$67.5K |
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 | −0.0402% | 8h | 2.9680 | −0.101% | $1.8M | $693K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0188% | 1h | 2.9689 | −0.071% | $193 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0162% | 8h | 2.9680 | −0.103% | $1.1M | $143K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9722 | +0.040% | $69K | $2K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9740 | +0.101% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.151% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0081% | 8h | 2.9680 | −0.101% | $17.2M | $17.6M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9727 | +0.057% | $136K | $467K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9720 | +0.034% | $273K | $968K | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9728 | +0.059% | $134K | $9K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9706 | −0.014% | $29.0M | $47.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9680 | −0.101% | $5.8M | $13.7M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9700 | −0.034% | $1.9M | $2.6M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9720 | +0.034% | $19.1M | $9.8M | 50x | |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9710 | long leg | $4.9M | $11.1M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9720 | +0.034% | $7.1M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9700 | −0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9716 | +0.021% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9718 | +0.026% | $564K | $580K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9680 | −0.101% | $1K | $1.4M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.034% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9690 | −0.068% | $22K | $236K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9730 | +0.067% | $1.3M | $2.4M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0350% | 1h | 2.9733 | +0.078% | $527K | $590K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0448% | 1h | 2.9830 | +0.404% | $58K | $67K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0455% / S −0.0403% | 1h | 2.9722 | +0.039% | $33K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0642% | 1h | 2.9778 | +0.229% | $4.6M | $4.5M | 5x | as long as short |
KuCoin ICPUSDTM
MEXC ICP_USDT
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
Gate 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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP