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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.068%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$870.866% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.055%+$6 · spread now −0.068%, 7d avg −0.001%
Together, before fees+0.008%+$1 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 0.068% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICPUSDT2.93600.0100pay 0.0100% / 8h5h 49m$7.0M$4.3M50x
ShortKuCoin ICPUSDTM2.93400.0100get 0.0100% / 8h5h 49m$4.9M$10.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: −0.068% → −0.001%
−$6.76
Slippage, 4 orders
−$62.56
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$93.32
Costs to cover
0.866%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 2 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 Bitget live order book, 2 min ago1.70 bp11.4 bp −$1127.4 bp −$274doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.70 bp30.6 bp −$3173.0 bp −$730doesn't fitdoesn't fit

ICP on 27 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.0365%8h2.9370+0.034%$1.7M$703K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0295%1h2.9357−0.010%$191$43950xas long as short
Variational Omni ICP−0.0156%8h2.9358−0.008%$1.1M$195Kas long as short
dYdX ICP-USD0.0000%1h2.9401+0.141%$68K$2K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9435+0.255%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+1.039%$202$200K12xas long as short
Lighter ICP+0.0096%1h2.9359−0.003%$135K$452K5xas long as short
Aster ICPUSDT+0.0100%8h2.9370+0.034%$251K$909K20xas long as short
Pacifica ICP+0.0100%1h2.9351−0.029%$132K$9K5xas long as short
Binance ICPUSDT+0.0100%8h2.9350−0.034%$28.4M$47.1M75xas long as short
Show all 27 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9330−0.102%$17.1M$17.2M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9340−0.068%$5.7M$12.8M50xas long as short
Gate ICP_USDT+0.0100%8h2.9330−0.102%$1.9M$2.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9340−0.068%$18.4M$9.4M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h2.9340−0.068%$4.9M$10.8M50x
Bitget ICPUSDTlong+0.0100%8h2.9360long leg$7.0M$4.3M50x
BingX ICP-USDT+0.0100%8h2.9340−0.068%$5.7Mas long as short
edgeX ICPUSDC+0.0100%4h2.9372+0.040%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9423+0.213%$570K$612K10xas long as short
SunX ICP-USDT+0.0100%8h2.93600.000%$1K$1.4M20xas long as short
HTX ICP-USDT+0.0100%8h2.9370+0.034%$103K$124K20xas long as short
Extended ICP-USD+0.0104%1h2.9332−0.094%$23K$243K10xas long as short
Kraken Futures PF_ICPUSD+0.0187%1h2.9392+0.109%$523K$595K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9390+0.102%$1.2M$2.4M75xas long as short
Hyperliquid ICP+0.0251%1h2.9391+0.106%$4.6M$4.3M5xas long as short
Coinbase International ICP-PERP-INTX+0.0424%1h2.9570+0.715%$58K$63K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0425% / S −0.0357%1h2.9402+0.142%$30K100xas long as short