ICP

Alert

Funding spread now, next payment 18:00 UTC+0.0122%/8h

next payment, per $10,000+$0.15paid, last 24h−0.091%paid, last 7 days−0.264%to open and closeno order book

Long on Injective Short on Kraken Futures

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ICP/USDC PERP	2.9638	0.0033	pay 0.0004% / 1h	54m 10s	$202	$130K	12x
Short	Kraken Futures PF_ICPUSD	2.9391	0.0156	get 0.0019% / 1h	54m 10s	$499K	$497K	50x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersRate

Funding earned: $25.66
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $15.64
Break-even: 2.7 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 50 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.834%
Avg gap 7d: −0.888%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 50 min ago	11.75 bp	17.6 bp −$18	64.2 bp −$642	doesn't fit	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ICP on 26 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bybit ICPUSDT	−0.0533%	8h	$17.2M	$15.3M	75x	as long as short
Variational Omni ICP	−0.0387%	8h	$1.1M	$101K	—	as long as short
Gate ICP_USDT	−0.0123%	8h	$1.9M	$2.2M	50x	as long as short
Extended ICP-USD	−0.0008%	1h	$24K	$133K	10x	as long as short
MEXC ICP_USDT	−0.0005%	8h	$18.8M	$6.8M	50x	as long as short
Binance ICPUSDT	−0.0004%	8h	$28.8M	$45.2M	75x	as long as short
OKX ICP-USDT-SWAP	−0.0003%	8h	$5.8M	$14.4M	50x	as long as short
dYdX ICP-USD	0.0000%	1h	$70K	$3K	5x	as long as short
Deribit ICP_USDC-PERPETUAL	0.0000%	1h	$262	$366	50x	as long as short
gTrade (Gains Network) ICP/USD	L +0.0006% / S −0.0010%	1h	$26K	—	150x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ICP/USDC PERPlong	+0.0033%	1h	$202	$130K	12x
Aster ICPUSDT	+0.0082%	8h	$180K	$1.7M	20x	as long as short
Lighter ICP	+0.0096%	1h	$141K	$320K	5x	as long as short
Pacifica ICP	+0.0100%	1h	$133K	$10K	5x	as long as short
KuCoin ICPUSDTM	+0.0100%	8h	$5.0M	$11.4M	50x	as long as short
Bitget ICPUSDT	+0.0100%	8h	$6.8M	$3.9M	50x	as long as short
BingX ICP-USDT	+0.0100%	8h	—	$4.1M	—	as long as short
edgeX ICPUSDC	+0.0100%	4h	$23K	$275K	10x	as long as short
SunX ICP-USDT	+0.0100%	8h	$2K	$1.7M	20x	as long as short
HTX ICP-USDT	+0.0100%	8h	$111K	$217K	20x	as long as short
Phemex ICPUSDT	+0.0100%	8h	$1.7M	$803K	50x	as long as short
BloFin ICP-USDT	+0.0114%	8h	$1.2M	$2.4M	75x	as long as short
Coinbase International ICP-PERP-INTX	+0.0120%	1h	$67K	$108K	50x	as long as short
Kraken Futures PF_ICPUSDshort	+0.0156%	1h	$499K	$497K	50x
Hyperliquid ICP	+0.0248%	1h	$4.7M	$3.4M	5x	as long as short
GMX ICP/USD [WBTC.b-USDC]	L +0.0373% / S −0.0257%	1h	$31K	—	100x	as long as short