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

ICP

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.009%+$1 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ICPUSDTM2.97100.0100pay 0.0100% / 8h6h 59m$4.9M$11.1M50x
ShortMEXC ICP_USDT2.97200.0100get 0.0100% / 8h6h 59m$19.1M$9.8M50x

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 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: +0.034% → −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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago3.37 bp24.2 bp −$2469.5 bp −$695doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.68 bp1.9 bp −$27.6 bp −$7663.1 bp −$6,315134.9 bp −$67.5K

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.0402%8h2.9680−0.101%$1.8M$693K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0188%1h2.9689−0.071%$193$43950xas long as short
Variational Omni ICP−0.0162%8h2.9680−0.103%$1.1M$143Kas long as short
dYdX ICP-USD0.0000%1h2.9722+0.040%$69K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9740+0.101%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.151%$202$200K12xas long as short
Bybit ICPUSDT+0.0081%8h2.9680−0.101%$17.2M$17.6M75xas long as short
Lighter ICP+0.0096%1h2.9727+0.057%$136K$467K5xas long as short
Aster ICPUSDT+0.0100%8h2.9720+0.034%$273K$968K20xas long as short
Pacifica ICP+0.0100%1h2.9728+0.059%$134K$9K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9706−0.014%$29.0M$47.7M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9680−0.101%$5.8M$13.7M50xas long as short
Gate ICP_USDT+0.0100%8h2.9700−0.034%$1.9M$2.6M50xas long as short
MEXC ICP_USDTshort+0.0100%8h2.9720+0.034%$19.1M$9.8M50x
KuCoin ICPUSDTMlong+0.0100%8h2.9710long leg$4.9M$11.1M50x
Bitget ICPUSDT+0.0100%8h2.9720+0.034%$7.1M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9700−0.034%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9716+0.021%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9718+0.026%$564K$580K10xas long as short
SunX ICP-USDT+0.0100%8h2.9680−0.101%$1K$1.4M20xas long as short
HTX ICP-USDT+0.0100%8h2.9720+0.034%$104K$117K20xas long as short
Extended ICP-USD+0.0104%1h2.9690−0.068%$22K$236K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9730+0.067%$1.3M$2.4M75xas long as short
Kraken Futures PF_ICPUSD+0.0350%1h2.9733+0.078%$527K$590K50xas long as short
Coinbase International ICP-PERP-INTX+0.0448%1h2.9830+0.404%$58K$67K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0455% / S −0.0403%1h2.9722+0.039%$33K100xas long as short
Hyperliquid ICP+0.0642%1h2.9778+0.229%$4.6M$4.5M5xas long as short