Funding you earn now, next payment 04:00 UTC+0.0469%/8h= +51.3% APRpaid last 24h −0.070%
Price spread now: Kraken Futures against edgeX+0.170%76s7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$670.668% of the position
Funding, last 7 days−0.422%−$42 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.170%, 7d avg +0.127%
=Together, before fees−0.496%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.043% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.127%. Mind the row above: over the last 7 days funding on this pair cost −0.422%, so the current rate has only just turned in your favour. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 2.9627 | 0.0100 | pay 0.0050% / 4h | 14m 15s | $23K | $281K | 10x |
| Short | Kraken Futures PF_ICPUSD | 2.9677 | 0.0569 | get 0.0071% / 1h | 14m 15s | $521K | $601K | 50x |
edgeX ICPUSDC
Kraken Futures PF_ICPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $98.42
- Price spread: +0.170% → +0.127%
- $4.34
- Slippage, 4 orders
- −$47.83
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $35.94
- Costs to cover
- 0.668%
- Break-even
- 4.4 days
Slippage from edgeX: live order book, 44 min ago; Kraken Futures: live order book, 44 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 edgeX live order book, 44 min ago | 6.77 bp | 11.8 bp −$12 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 44 min ago | 8.46 bp | 23.7 bp −$24 | 49.6 bp −$496 | 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 | −0.0087% | 1h | 2.9656 | +0.099% | $264 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9636 | +0.033% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9657 | +0.103% | $22K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0014% | 8h | 2.9610 | −0.056% | $1.8M | $791K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.130% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0090% | 8h | 2.9620 | −0.023% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9678 | +0.174% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9662 | +0.121% | $263K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9655 | +0.097% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9655 | +0.096% | $29.1M | $50.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9650 | +0.079% | $17.2M | $18.2M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9660 | +0.113% | $5.7M | $16.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9650 | +0.079% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9660 | +0.113% | $19.7M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | +0.079% | $4.8M | $12.6M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9670 | +0.147% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | +0.113% | — | $5.8M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9627 | long leg | $23K | $281K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9634 | +0.025% | $564K | $459K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9650 | +0.079% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9580 | −0.157% | $103K | $137K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9645 | +0.061% | $23K | $126K | 10x | as long as short |
| Hyperliquid ICP | +0.0138% | 1h | 2.9687 | +0.204% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9610 | −0.056% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.653% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9653 | +0.091% | $31K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.0569% | 1h | 2.9677 | +0.170% | $521K | $601K | 50x |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
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]