Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: OKX against KuCoin−0.068%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.068%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.038% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9400 | 0.0100 | pay 0.0100% / 8h | 22m 15s | $4.9M | $11.6M | 50x |
| Short | OKX ICP-USDT-SWAP | 2.9380 | 0.0100 | get 0.0100% / 8h | 22m 15s | $5.7M | $14.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.068% → −0.030%
- −$3.85
- Slippage, 4 orders
- −$53.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.67
- Costs to cover
- 0.758%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; OKX: live order book, 1 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, 6 min ago | 1.70 bp | 28.1 bp −$28 | 78.3 bp −$783 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.70 bp | 10.6 bp −$11 | 40.5 bp −$405 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.0262% | 8h | 2.9410 | +0.034% | $1.7M | $685K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0212% | 1h | 2.9438 | +0.130% | $521K | $662K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0158% | 1h | 2.9392 | −0.027% | $191 | $439 | 50x | as long as short |
| Variational Omni ICP | −0.0147% | 8h | 2.9400 | −0.001% | $1.0M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9434 | +0.116% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9412 | +0.042% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.901% | $202 | $200K | 12x | as long as short |
| Bybit ICPUSDT | +0.0055% | 8h | 2.9370 | −0.102% | $17.0M | $17.9M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9397 | −0.010% | $137K | $489K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9423 | +0.078% | $4.5M | $4.6M | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 2.9397 | −0.010% | $271K | $1.0M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9427 | +0.093% | $133K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9390 | −0.034% | $28.7M | $47.9M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9380 | −0.068% | $5.7M | $14.2M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9390 | −0.034% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9390 | −0.034% | $19.1M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9400 | long leg | $4.9M | $11.6M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9410 | +0.034% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9380 | −0.068% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9422 | +0.074% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9410 | +0.034% | $567K | $568K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9390 | −0.034% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9410 | +0.034% | $103K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9385 | −0.052% | $22K | $233K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9400 | 0.000% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9750 | +1.190% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0456% / S −0.0403% | 1h | 2.9409 | +0.031% | $32K | — | 100x | as long as short |
KuCoin ICPUSDTM
OKX ICP-USDT-SWAP
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
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]