Funding you earn now, next payment 06:00 UTC−0.0168%/8h= −18.4% APRpaid last 24h −0.042%
Price spread now: Kraken Futures against MEXC+0.048%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.485% of the position
Funding, last 7 days−0.345%−$35 on $10k
+Price spread, last 4 days (all we have)−0.214%−$21 · spread now +0.048%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICP_USDT | 2.9350 | 0.0100 | pay 0.0100% / 8h | 2h 52m | $18.1M | $9.9M | 50x |
| Short | Kraken Futures PF_ICPUSD | 2.9364 | −0.0068 | pay 0.0009% / 1h | 52m 07s | $486K | $629K | 50x |
MEXC ICP_USDT
Kraken Futures PF_ICPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- −$35.3
- Price spread: +0.048% → +0.063%
- −$1.54
- Slippage, 4 orders
- −$38.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$85.38
- Costs to cover
- 0.485%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Kraken Futures: live order book, 61 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 MEXC live order book, 1 min ago | 1.71 bp | 3.3 bp −$3 | 8.7 bp −$87 | 50.7 bp −$5,068 | 139.0 bp −$69.5K |
| Sell Kraken Futures live order book, 61 min ago | 6.74 bp | 17.8 bp −$18 | 36.6 bp −$366 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSDshort | −0.0068% | 1h | 2.9364 | +0.048% | $486K | $629K | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9300 | −0.171% | $68K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9359 | +0.031% | $191 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9340 | −0.034% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.073% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0074% | 8h | 2.9265 | −0.290% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9362 | +0.041% | $142K | $492K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9384 | +0.116% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9354 | +0.012% | $263K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9325 | −0.086% | $133K | $10K | 5x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid 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 | 2.9354 | +0.013% | $28.8M | $48.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9340 | −0.034% | $16.9M | $17.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9340 | −0.034% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9340 | −0.034% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDTlong | +0.0100% | 8h | 2.9350 | long leg | $18.1M | $9.9M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9330 | −0.068% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9360 | +0.034% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9350 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9263 | −0.298% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9297 | −0.180% | $563K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9320 | −0.102% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9280 | −0.239% | $102K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9340 | −0.034% | $1.7M | $767K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9350 | −0.002% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9280 | −0.239% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9530 | +0.613% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9338 | −0.040% | $30K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]