Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.7% APRpaid last 24h +0.084%
Price spread now: edgeX against Kraken Futures−0.031%76s7-day average −0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as 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−$650.648% of the position
Funding, last 7 days+0.457%+$46 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now −0.031%, 7d avg −0.130%
=Together, before fees+0.516%+ Points / potential airdropedgeX: Active · farm board+$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.099% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.130%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.457%, so the current rate has only just turned against you. 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 | Kraken Futures PF_ICPUSD | 3.0402 | 0.0171 | pay 0.0021% / 1h | 38m 00s | $540K | $580K | 50x |
| Short | edgeX ICPUSDC | 3.0393 | 0.0100 | get 0.0050% / 4h | 38m 00s | $23K | $277K | 10x |
Kraken Futures PF_ICPUSD
edgeX ICPUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kraken Futures. 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
- −$14.85
- Price spread: −0.031% → −0.130%
- $9.89
- Slippage, 4 orders
- −$45.78
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$69.74
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 40 min ago; edgeX: live order book, 40 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 Kraken Futures live order book, 40 min ago | 3.33 bp | 20.0 bp −$20 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 40 min ago | 8.33 bp | 12.8 bp −$13 | 28.0 bp −$280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1552% | 8h | 3.0340 | −0.204% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0441% | 1h | 3.0361 | −0.135% | $271 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0142% | 8h | 3.0401 | −0.003% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0026% | 8h | 3.0360 | −0.138% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0336 | −0.217% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0385 | −0.056% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.424% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0393 | −0.030% | $159K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0360 | −0.138% | $205K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0376 | −0.085% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 3.0350 | −0.171% | $30.0M | $51.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0350 | −0.171% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0350 | −0.171% | $6.2M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0350 | −0.171% | $19.3M | $9.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0340 | −0.204% | $5.2M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0360 | −0.138% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0370 | −0.106% | — | $4.9M | — | as long as short |
| edgeX ICPUSDCshort | +0.0100% | 4h | 3.0393 | −0.031% | $23K | $277K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0397 | −0.017% | $580K | $444K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0360 | −0.138% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0360 | −0.138% | $108K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0345 | −0.189% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSDlong | +0.0171% | 1h | 3.0402 | long leg | $540K | $580K | 50x | |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0320 | −0.270% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.454% | $64K | $90K | 50x | as long as short |
| Hyperliquid ICP | +0.0266% | 1h | 3.0410 | +0.026% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0382 | −0.067% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]