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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.275%
Price spread now: KuCoin against Phemex−0.265%7-day average +0.193% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.409%+$241 on $10k
Price spread, last 3 days (all we have)+0.474%+$47 · spread now −0.265%, 7d avg +0.193%
Together, before fees+2.883%+$288 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 0.458% cheaper against Phemex than usual: you would sell low and buy high, −$46 on $10k if it goes back to its 7-day average of +0.193%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex ICPUSDT3.02300.0100pay 0.0100% / 8h6h 57m$1.8M$781K50x
ShortKuCoin ICPUSDTM3.01500.0100get 0.0100% / 8h6h 57m$5.1M$13.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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: −0.265% → +0.193%
−$45.81
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$69.81
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 6 min ago; KuCoin: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 6 min ago3.28 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.30 bp22.9 bp −$2393.2 bp −$932doesn'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
Deribit ICP_USDC-PERPETUAL−0.0082%1h3.0154−0.251%$269$46450xas long as short
Variational Omni ICP−0.0043%8h3.0175−0.183%$1.1M$114Kas long as short
dYdX ICP-USD0.0000%1h3.0165−0.216%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0152−0.258%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.869%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0210−0.066%$169K$484K5xas long as short
Aster ICPUSDT+0.0100%8h3.0199−0.104%$334K$1.7M20xas long as short
Pacifica ICP+0.0100%1h3.0152−0.257%$137K$11K5xas long as short
Binance ICPUSDT+0.0100%8h3.0133−0.321%$30.1M$53.4M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0130−0.331%$17.9M$18.8M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ICP-USDT-SWAP+0.0100%8h3.0130−0.331%$6.1M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.0140−0.298%$2.0M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0140−0.298%$19.2M$9.7M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h3.0150−0.265%$5.1M$13.4M50x
Bitget ICPUSDT+0.0100%8h3.0160−0.232%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0150−0.265%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0324+0.313%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0169−0.200%$583K$479K10xas long as short
SunX ICP-USDT+0.0100%8h3.0150−0.265%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0030−0.662%$105K$240K20xas long as short
Phemex ICPUSDTlong+0.0100%8h3.0230long leg$1.8M$781K50x
Extended ICP-USD+0.0104%1h3.0136−0.312%$22K$128K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0210−0.066%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0080−0.496%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0509% / S −0.0480%1h3.0155−0.249%$37K100xas long as short
Hyperliquid ICP+0.0578%1h3.0225−0.018%$4.8M$5.1M5xas long as short
Kraken Futures PF_ICPUSD+0.0889%1h3.0203−0.088%$547K$613K50xas long as short