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: KuCoin against Binance−0.009%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.009%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9533 | 0.0100 | pay 0.0100% / 8h | 2h 01m | $28.9M | $48.9M | 75x |
| Short | KuCoin ICPUSDTM | 2.9530 | 0.0100 | get 0.0100% / 8h | 2h 01m | $4.9M | $12.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.009% → +0.005%
- −$1.47
- Slippage, 4 orders
- −$47.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$70.81
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 7 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 Binance live order book, 10 min ago | 1.70 bp | 11.7 bp −$12 | 24.0 bp −$240 | 287.4 bp −$28.7K | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.70 bp | 27.4 bp −$27 | 72.6 bp −$726 | 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 | −0.0224% | 1h | 2.9527 | −0.019% | $192 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0068% | 1h | 2.9560 | +0.092% | $525K | $667K | 50x | as long as short |
| Phemex ICPUSDT | −0.0067% | 8h | 2.9430 | −0.348% | $1.8M | $674K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9539 | +0.021% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9541 | +0.027% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.448% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0064% | 8h | 2.9530 | −0.010% | $1.0M | $133K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9543 | +0.035% | $140K | $496K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9586 | +0.180% | $4.6M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9546 | +0.046% | $264K | $1.2M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9549 | +0.056% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9533 | long leg | $28.9M | $48.9M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9520 | −0.043% | $17.2M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9540 | +0.025% | $5.7M | $15.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9530 | −0.009% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9540 | +0.025% | $18.6M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTMshort | +0.0100% | 8h | 2.9530 | −0.009% | $4.9M | $12.1M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9560 | +0.092% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9530 | −0.009% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9520 | −0.045% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9516 | −0.058% | $570K | $506K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9510 | −0.077% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9490 | −0.145% | $103K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9526 | −0.022% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9550 | +0.058% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9550 | +0.058% | $57K | $70K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9545 | +0.041% | $31K | — | 100x | as long as short |
Binance ICPUSDT
KuCoin ICPUSDTM
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Pacifica ICP
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]