Settings8H · net · $10k
Funding arb · Price arb /

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: KuCoin against Pacifica−0.065%46s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.065%, 7d avg −0.011%
Together, before fees−0.206%+ Points / potential airdropPacifica: Active · farm board−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.054% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.011%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP3.04600.0100pay 0.0013% / 1h45m 51s$138K$11K5x
ShortKuCoin ICPUSDTM3.04400.0100get 0.0100% / 8h45m 51s$5.2M$13.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.065% → −0.011%
−$5.41
Slippage, 4 orders
−$73.25
Fee Pacifica: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$98.66
Costs to cover
0.932%
Break-even
never at this rate
Slippage from Pacifica: live order book, 32 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 32 min ago13.16 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago1.64 bp22.3 bp −$2280.0 bp −$800doesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.1597%8h3.0390−0.229%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0308%1h3.0457−0.009%$271$46450xas long as short
Variational Omni ICP−0.0150%8h3.0556+0.317%$1.1M$107Kas long as short
Gate ICP_USDT−0.0032%8h3.0470+0.034%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0446−0.045%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0474+0.049%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.609%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0486+0.086%$160K$451K5xas long as short
Aster ICPUSDT+0.0100%8h3.0464+0.013%$219K$1.4M20xas long as short
Pacifica ICPlong+0.0100%1h3.0460long leg$138K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0470+0.034%$30.1M$51.2M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0450−0.032%$18.1M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0450−0.032%$6.2M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0460+0.001%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h3.0440−0.065%$5.2M$13.1M50x
Bitget ICPUSDT+0.0100%8h3.0460+0.001%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0470+0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h3.0540+0.264%$24K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0516+0.186%$584K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0440−0.065%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0450−0.032%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0444−0.052%$26K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0170%1h3.0503+0.144%$542K$580K50xas long as short
Hyperliquid ICP+0.0203%1h3.0506+0.152%$4.8M$5.0M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0410−0.163%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0480+0.067%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0547% / S −0.0540%1h3.0456−0.013%$41K100xas long as short