Funding you earn now, next payment 01:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h +0.082%
Price spread now: SunX against Kraken Futures−0.190%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1821.823% of the position
Funding, last 7 days+0.451%+$45 on $10k
+Price spread, last 3 days (all we have)+0.206%+$21 · spread now −0.190%, 7d avg −0.083%
=Funding pays, the price is against you. SunX is 0.108% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of −0.083%). If the spread goes back, that is −$11 on $10k: about 39 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ICPUSD | 3.0558 | −0.0121 | get 0.0015% / 1h | 25m 07s | $557K | $598K | 50x |
| Short | SunX ICP-USDT | 3.0500 | 0.0100 | get 0.0100% / 8h | 7h 25m | $1K | $1.8M | 20x |
Kraken Futures PF_ICPUSD
SunX ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $46.41
- Price spread: −0.190% → −0.083%
- −$10.76
- Slippage, 4 orders
- −$164.25
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$146.6
- Costs to cover
- 1.823%
- Break-even
- 29.1 days
Slippage from Kraken Futures: live order book, 48 min ago; SunX: live order book, 10 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, 48 min ago | 8.28 bp | 20.9 bp −$21 | 44.5 bp −$445 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 47.52 bp | 70.5 bp −$70 | doesn't fit | 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 | −0.0242% | 1h | 3.0502 | −0.184% | $272 | $464 | 50x | as long as short |
| Kraken Futures PF_ICPUSDlong | −0.0121% | 1h | 3.0558 | long leg | $557K | $598K | 50x | |
| Variational Omni ICP | −0.0061% | 8h | 3.0500 | −0.190% | $1.1M | $110K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0510 | −0.159% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0514 | −0.145% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.923% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0547 | −0.036% | $174K | $480K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0532 | −0.087% | $337K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0503 | −0.180% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0520 | −0.125% | $30.5M | $52.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
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 | 3.0490 | −0.223% | $18.1M | $18.6M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0510 | −0.157% | $6.2M | $16.9M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0500 | −0.190% | $2.0M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0510 | −0.157% | $19.6M | $9.6M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0500 | −0.190% | $5.1M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0520 | −0.125% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0510 | −0.157% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0447 | −0.364% | $24K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0454 | −0.340% | $578K | $475K | 10x | as long as short |
| SunX ICP-USDTshort | +0.0100% | 8h | 3.0500 | −0.190% | $1K | $1.8M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 3.0440 | −0.387% | $106K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0560 | +0.006% | $1.8M | $777K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0502 | −0.184% | $23K | $143K | 10x | as long as short |
| Hyperliquid ICP | +0.0169% | 1h | 3.0554 | −0.013% | $4.8M | $4.9M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0500 | −0.190% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0520 | −0.125% | $63K | $66K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0510% / S −0.0480% | 1h | 3.0518 | −0.133% | $38K | — | 100x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]