Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: MEXC against KuCoin+0.067%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$590.595% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now +0.067%, 7d avg −0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.076% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9720 | 0.0100 | pay 0.0100% / 8h | 47m 30s | $4.9M | $11.7M | 50x |
| Short | MEXC ICP_USDT | 2.9740 | 0.0100 | get 0.0100% / 8h | 47m 30s | $19.5M | $9.9M | 50x |
KuCoin ICPUSDTM
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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
- $0
- Price spread: +0.067% → −0.009%
- $7.63
- Slippage, 4 orders
- −$47.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$51.82
- Costs to cover
- 0.595%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 11 min ago; MEXC: live order book, 1 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 KuCoin live order book, 11 min ago | 1.69 bp | 21.5 bp −$21 | 85.0 bp −$850 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.68 bp | 3.3 bp −$3 | 12.2 bp −$122 | 68.0 bp −$6,799 | 135.9 bp −$67.9K |
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 | −0.0523% | 1h | 2.9726 | +0.020% | $193 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0261% | 8h | 2.9660 | −0.202% | $1.8M | $683K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0210% | 1h | 2.9746 | +0.086% | $527K | $659K | 50x | as long as short |
| Variational Omni ICP | −0.0083% | 8h | 2.9589 | −0.440% | $1.1M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9764 | +0.148% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9753 | +0.110% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.185% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9743 | +0.077% | $139K | $487K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9771 | +0.172% | $4.6M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9750 | +0.101% | $283K | $1.0M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9755 | +0.118% | $134K | $9K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9730 | +0.034% | $29.1M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9700 | −0.067% | $17.2M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9710 | −0.034% | $5.8M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9730 | +0.034% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9740 | +0.067% | $19.5M | $9.9M | 50x | |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9720 | long leg | $4.9M | $11.7M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9750 | +0.101% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9720 | 0.000% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9627 | −0.313% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9613 | −0.360% | $571K | $568K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9720 | 0.000% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | 0.000% | $104K | $113K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9712 | −0.027% | $22K | $235K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9750 | +0.101% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0376% | 1h | 2.9750 | +0.101% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0458% / S −0.0403% | 1h | 2.9747 | +0.091% | $33K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]