Funding you earn now, next payment 05:00 UTC−0.0158%/8h= −17.3% APRpaid last 24h −0.046%
Price spread now: Kraken Futures against OKX+0.102%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days−0.286%−$29 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.102%, 7d avg +0.095%
=The price spread sits at its 7-day average of +0.095%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ICP-USDT-SWAP | 2.9470 | 0.0100 | pay 0.0100% / 8h | 3h 16m | $5.7M | $15.0M | 50x |
| Short | Kraken Futures PF_ICPUSD | 2.9500 | −0.0058 | pay 0.0007% / 1h | 16m 21s | $525K | $596K | 50x |
OKX ICP-USDT-SWAP
Kraken Futures PF_ICPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against OKX. 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
- −$33.17
- Price spread: +0.102% → +0.095%
- $0.8
- Slippage, 4 orders
- −$45.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$98.06
- Costs to cover
- 0.657%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Kraken Futures: live order book, 37 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 OKX live order book, 2 min ago | 1.70 bp | 13.3 bp −$13 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 37 min ago | 6.74 bp | 17.8 bp −$18 | 36.6 bp −$366 | 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 | −0.0123% | 1h | 2.9467 | −0.010% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSDshort | −0.0058% | 1h | 2.9500 | +0.102% | $525K | $596K | 50x | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9482 | +0.041% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9482 | +0.042% | $10K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0006% | 8h | 2.9490 | +0.068% | $1.8M | $787K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.662% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0079% | 8h | 2.9430 | −0.136% | $1.0M | $134K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9483 | +0.044% | $143K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9504 | +0.115% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9500 | +0.101% | $265K | $1.5M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
Injective ICP/USDC PERP
Variational Omni ICP
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 | 2.9474 | +0.012% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9465 | −0.017% | $28.8M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9470 | 0.000% | $17.1M | $17.4M | 75x | as long as short |
| OKX ICP-USDT-SWAPlong | +0.0100% | 8h | 2.9470 | long leg | $5.7M | $15.0M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9470 | 0.000% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9470 | 0.000% | $18.6M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9480 | +0.034% | $4.9M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9490 | +0.068% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9480 | +0.034% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9417 | −0.181% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9433 | −0.127% | $559K | $484K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9460 | −0.034% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9490 | +0.068% | $103K | $116K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9457 | −0.044% | $22K | $133K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9470 | 0.000% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9530 | +0.204% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9473 | +0.011% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
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]