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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against MEXC−0.034%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days−0.004%$0 · spread now −0.034%, 7d avg +0.008%
Together, before fees−0.037%−$4 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: KuCoin is 0.043% cheaper against MEXC than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICP_USDT2.91000.0100pay 0.0100% / 8h2h 33m$17.9M$9.9M50x
ShortKuCoin ICPUSDTM2.90900.0100get 0.0100% / 8h2h 33m$4.8M$12.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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% → +0.008%
−$4.26
Slippage, 4 orders
−$52.27
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.54
Costs to cover
0.643%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; KuCoin: live order book, 11 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 MEXC live order book, 1 min ago1.72 bp4.9 bp −$512.4 bp −$12466.4 bp −$6,645144.0 bp −$72.0K
Sell KuCoin live order book, 11 min ago5.14 bp30.3 bp −$3072.6 bp −$726doesn't fitdoesn't fit

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
Deribit ICP_USDC-PERPETUAL−0.0300%1h2.9074−0.089%$189$43950xas long as short
Kraken Futures PF_ICPUSD−0.0069%1h2.9082−0.061%$482K$645K50xas long as short
dYdX ICP-USD0.0000%1h2.9103+0.010%$68K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9083−0.059%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.942%$202$200K12xas long as short
Variational Omni ICP+0.0062%8h2.9140+0.139%$1.0M$133Kas long as short
Lighter ICP+0.0096%1h2.9082−0.062%$140K$493K5xas long as short
Hyperliquid ICP+0.0100%1h2.9116+0.055%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9124+0.082%$260K$1.3M20xas long as short
Pacifica ICP+0.0100%1h2.9090−0.034%$132K$10K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9103+0.010%$28.5M$48.7M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9080−0.069%$17.0M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9110+0.034%$5.6M$14.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9080−0.069%$1.8M$2.8M50xas long as short
MEXC ICP_USDTlong+0.0100%8h2.9100long leg$17.9M$9.9M50x
KuCoin ICPUSDTMshort+0.0100%8h2.9090−0.034%$4.8M$12.3M50x
Bitget ICPUSDT+0.0100%8h2.9120+0.069%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9090−0.034%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9223+0.422%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9162+0.213%$561K$499K10xas long as short
SunX ICP-USDT+0.0100%8h2.9060−0.137%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.91000.000%$102K$117K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9090−0.034%$1.7M$718K50xas long as short
Extended ICP-USD+0.0104%1h2.9092−0.026%$23K$134K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9080−0.069%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0336%1h2.9260+0.550%$57K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0431% / S −0.0367%1h2.9080−0.068%$30K100xas long as short