data as of
Settings8H · net · $10k
Funding arb /

ICP

all ICP markets
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Funding spread now, next payment 16:00 UTC−0.0836%/8h
paid, last 24h−0.071%paid, last 7 days−0.138%to open and close $10k−$70
The current rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ICP2.96860.0936pay 0.0117% / 1h44m 48s$4.9M$3.6M5x
ShortKuCoin ICPUSDTM2.95600.0100get 0.0100% / 8h44m 48s$5.0M$11.1M50x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
−$175.53
Slippage, 4 orders
−$48.52
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$245.06
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; KuCoin: live order book, 10 min ago.

Price risk

price view
Price gap now
−0.426%
Avg gap 7d
−0.087%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 8 min ago1.18 bp9.1 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 10 min ago5.05 bp23.8 bp −$2469.3 bp −$693doesn't fitdoesn't fit

ICP on 26 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Deribit ICP_USDC-PERPETUAL−0.0900%1h$163$16750xas long as short
Phemex ICPUSDT−0.0765%8h$1.7M$758K50xas long as short
Kraken Futures PF_ICPUSD−0.0669%1h$508K$558K50xas long as short
Variational Omni ICP−0.0372%8h$1.1M$80Kas long as short
Bybit ICPUSDT−0.0206%8h$16.5M$15.1M75xas long as short
OKX ICP-USDT-SWAP−0.0020%8h$5.8M$15.9M50xas long as short
Gate ICP_USDT−0.0006%8h$1.8M$2.3M50xas long as short
dYdX ICP-USD0.0000%1h$70K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h$26K150xas long as short
Binance ICPUSDT+0.0012%8h$28.6M$47.3M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC ICP_USDT+0.0014%8h$18.6M$7.1M50xas long as short
Extended ICP-USD+0.0016%1h$26K$133K10xas long as short
Injective ICP/USDC PERP+0.0033%1h$202$164K12xas long as short
BloFin ICP-USDT+0.0049%8h$1.2M$2.4M75xas long as short
Lighter ICP+0.0096%1h$146K$319K5xas long as short
Coinbase International ICP-PERP-INTX+0.0096%1h$67K$120K50xas long as short
Aster ICPUSDT+0.0100%8h$177K$1.9M20xas long as short
Pacifica ICP+0.0100%1h$134K$11K5xas long as short
KuCoin ICPUSDTMshort+0.0100%8h$5.0M$11.1M50x
Bitget ICPUSDT+0.0100%8h$6.8M$3.9M50xas long as short
BingX ICP-USDT+0.0100%8h$3.6Mas long as short
edgeX ICPUSDC+0.0100%4h$23K$275K10xas long as short
SunX ICP-USDT+0.0100%8h$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h$112K$284K20xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0357% / S −0.0238%1h$30K100xas long as short
Hyperliquid ICPlong+0.0936%1h$4.9M$3.6M5x