Funding you earn now, next payment 00:00 UTC−0.0254%/8h= −27.9% APRnext payment −$2.54 per $10,000 · paid last 24h −0.070%
Price spread now: Variational Omni against KuCoin−0.064%7-day average −0.111% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.163%−$16 on $10k
+Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.064%, 7d avg −0.111%
=Together, before fees+0.098%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.048% dearer against KuCoin than usual: you sell high and buy low (spread −0.064% now, against its 7-day average of −0.111%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9950 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $5.1M | $13.0M | 50x |
| Short | Variational Omni ICP | 2.9931 | −0.0154 | pay 0.0154% / 8h | 1h 08m | $1.1M | $107K | — |
KuCoin ICPUSDTM
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$53.41
- Price spread: −0.064% → −0.111%
- $4.77
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$60.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. 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, 5 min ago | 1.67 bp | 21.0 bp −$21 | 72.7 bp −$727 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 4.39 bp | doesn't fit | 30.9 bp −$309 | 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 | −0.1469% | 8h | 2.9800 | −0.501% | $1.7M | $769K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0283% | 1h | 2.9983 | +0.110% | $267 | $464 | 50x | as long as short |
| Variational Omni ICPshort | −0.0154% | 8h | 2.9931 | −0.064% | $1.1M | $107K | — | |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.952% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0048% | 8h | 2.9960 | +0.033% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9986 | +0.120% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9964 | +0.048% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0000 | +0.167% | $159K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9988 | +0.126% | $209K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9992 | +0.139% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Lighter 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 | 2.9954 | +0.013% | $29.6M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9950 | 0.000% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9940 | −0.033% | $5.9M | $16.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9950 | 0.000% | $19.6M | $8.9M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9950 | long leg | $5.1M | $13.0M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9960 | +0.033% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | +0.033% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9950 | +0.001% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9941 | −0.031% | $573K | $435K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9990 | +0.134% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9940 | −0.033% | $106K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9958 | +0.025% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9950 | 0.000% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9999 | +0.164% | $487K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.267% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9990 | +0.133% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0667% | 1h | 3.0009 | +0.197% | $4.7M | $5.0M | 5x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP