Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$1.52 per $10,000 · paid last 24h +0.084%
Price spread now: KuCoin against Variational Omni+0.228%7-day average +0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.183%+$18 on $10k
+Price spread, last 3 days (all we have)−0.275%−$28 · spread now +0.228%, 7d avg +0.116%
=Together, before fees−0.092%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.113% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.116%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 3.0520 | −0.0052 | get 0.0052% / 8h | 7h 11m | $1.1M | $113K | — |
| Short | KuCoin ICPUSDTM | 3.0590 | 0.0100 | get 0.0100% / 8h | 7h 11m | $5.1M | $13.4M | 50x |
Variational Omni ICP
KuCoin ICPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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
- $31.91
- Price spread: +0.228% → +0.116%
- $11.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $31.19
- Costs to cover
- 0.120%
- Break-even
- 0.2 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; KuCoin: live order book, 2 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 Variational Omni RFQ quote, 2 min ago | 4.36 bp | doesn't fit | 30.3 bp −$303 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.63 bp | 28.4 bp −$28 | 78.3 bp −$783 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0174% | 1h | 3.0630 | +0.360% | $273 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0120% | 1h | 3.0689 | +0.554% | $559K | $598K | 50x | as long as short |
| Variational Omni ICPlong | −0.0052% | 8h | 3.0520 | long leg | $1.1M | $113K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 3.0610 | +0.293% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0643 | +0.403% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.802% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0059% | 8h | 3.0590 | +0.228% | $1.8M | $777K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0652 | +0.432% | $171K | $484K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0651 | +0.428% | $338K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0619 | +0.322% | $139K | $11K | 5x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
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 | 3.0610 | +0.294% | $30.7M | $52.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0580 | +0.196% | $18.1M | $18.5M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0600 | +0.261% | $6.2M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0610 | +0.294% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0610 | +0.294% | $20.1M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 3.0590 | +0.228% | $5.1M | $13.4M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0610 | +0.294% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0610 | +0.294% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0650 | +0.426% | $24K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0681 | +0.525% | $582K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0630 | +0.360% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0610 | +0.294% | $107K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0603 | +0.271% | $23K | $129K | 10x | as long as short |
| Hyperliquid ICP | +0.0180% | 1h | 3.0657 | +0.448% | $4.8M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0700 | +0.589% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0680 | +0.523% | $63K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0513% / S −0.0480% | 1h | 3.0644 | +0.405% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]