Funding you earn now, next payment 22:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h −0.102%
Price spread now: Kraken Futures against SunX+0.087%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1901.896% of the position
Funding, last 7 days−0.469%−$47 on $10k
+Price spread, last 3 days (all we have)+0.081%+$8 · spread now +0.087%, 7d avg +0.081%
=The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.469%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ICP-USDT | 2.9850 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $2K | $1.7M | 20x |
| Short | Kraken Futures PF_ICPUSD | 2.9876 | 0.0148 | get 0.0018% / 1h | 27m 34s | $497K | $510K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $10.01
- Price spread: +0.087% → +0.081%
- $0.6
- Slippage, 4 orders
- −$171.62
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$179.01
- Costs to cover
- 1.896%
- Break-even
- 132.2 days
Slippage from SunX: live order book, 8 min ago; Kraken Futures: live order book, 60 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 SunX live order book, 8 min ago | 48.68 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 60 min ago | 10.10 bp | 20.3 bp −$20 | 47.7 bp −$477 | 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 | −0.1368% | 8h | 2.9700 | −0.503% | $1.7M | $781K | 50x | as long as short |
| Variational Omni ICP | −0.0254% | 8h | 2.9784 | −0.222% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.620% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0185% | 1h | 2.9853 | +0.010% | $266 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0107% | 8h | 2.9840 | −0.034% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0001% | 8h | 2.9860 | +0.034% | $17.2M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9864 | +0.045% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9857 | +0.023% | $27K | — | 150x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9858 | +0.028% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9859 | +0.032% | $135K | $11K | 5x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9870 | +0.067% | $29.1M | $48.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9870 | +0.067% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9850 | 0.000% | $19.3M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9850 | 0.000% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9870 | +0.067% | $6.9M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9830 | −0.067% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9793 | −0.191% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9812 | −0.129% | $571K | $481K | 10x | as long as short |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9850 | long leg | $2K | $1.7M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.134% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9846 | −0.012% | $24K | $123K | 10x | as long as short |
| Lighter ICP | +0.0128% | 1h | 2.9880 | +0.101% | $167K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.0148% | 1h | 2.9876 | +0.087% | $497K | $510K | 50x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9790 | −0.201% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9860 | +0.034% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9858 | +0.027% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0888% | 1h | 2.9909 | +0.198% | $4.7M | $5.0M | 5x | as long as short |
SunX ICP-USDT
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
gTrade (Gains Network) ICP/USD
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Extended ICP-USD
Lighter ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP