Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRnext payment +$0.19 per $10,000 · paid last 24h +0.084%
Price spread now: KuCoin against Variational Omni+0.339%7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.183%+$18 on $10k
+Price spread, last 4 days (all we have)−0.536%−$54 · spread now +0.339%, 7d avg +0.109%
=Together, before fees−0.353%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.230% dearer against Variational Omni than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9570 | 0.0081 | pay 0.0081% / 8h | 3h 45m | $1.0M | $135K | — |
| Short | KuCoin ICPUSDTM | 2.9670 | 0.0100 | get 0.0100% / 8h | 3h 45m | $4.9M | $12.4M | 50x |
Variational Omni ICP
KuCoin ICPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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
- $4.06
- Price spread: +0.339% → +0.109%
- $23.02
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $15.07
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; KuCoin: live order book, 3 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 4 min ago | 4.40 bp | doesn't fit | 31.3 bp −$313 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 3.38 bp | 28.5 bp −$29 | 73.8 bp −$738 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.0058% | 8h | 2.9600 | +0.102% | $1.8M | $790K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9664 | +0.319% | $531K | $603K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9562 | −0.025% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9637 | +0.227% | $264 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9622 | +0.177% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.322% | $202 | $200K | 12x | as long as short |
| Variational Omni ICPlong | +0.0081% | 8h | 2.9570 | long leg | $1.0M | $135K | — | |
| Lighter ICP | +0.0096% | 1h | 2.9653 | +0.281% | $154K | $478K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9676 | +0.359% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9625 | +0.188% | $264K | $1.6M | 20x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
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 | 2.9574 | +0.013% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9641 | +0.239% | $29.1M | $48.8M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9640 | +0.237% | $17.1M | $17.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | +0.271% | $5.7M | $15.4M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9630 | +0.204% | $1.9M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9660 | +0.305% | $19.2M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 2.9670 | +0.339% | $4.9M | $12.4M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9660 | +0.305% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9650 | +0.271% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9565 | −0.017% | $23K | $281K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9559 | −0.036% | $566K | $470K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9620 | +0.170% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9600 | +0.102% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9608 | +0.129% | $22K | $132K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9590 | +0.068% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9750 | +0.609% | $67K | $60K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9624 | +0.183% | $31K | — | 100x | as long as short |
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC 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]