Funding you earn now, next payment 23:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h −0.091%
Price spread now: Kraken Futures against edgeX+0.309%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days−0.463%−$46 on $10k
+Price spread, last 3 days (all we have)−0.431%−$43 · spread now +0.309%, 7d avg +0.125%
=Together, before fees−0.895%+ Points / potential airdropedgeX: Active · farm board−$89 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.184% dearer against edgeX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.125%. Mind the row above: over the last 7 days funding on this pair cost −0.463%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ICPUSDC | 2.9786 | 0.0100 | pay 0.0050% / 4h | 1h 46m | $23K | $278K | 10x |
| Short | Kraken Futures PF_ICPUSD | 2.9878 | 0.0224 | get 0.0028% / 1h | 46m 52s | $489K | $512K | 50x |
edgeX ICPUSDC
Kraken Futures PF_ICPUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against edgeX. 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
- $25.99
- Price spread: +0.309% → +0.125%
- $18.36
- Slippage, 4 orders
- −$72.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$47.09
- Costs to cover
- 0.914%
- Break-even
- 19.7 days
Slippage from edgeX: live order book, 36 min ago; Kraken Futures: live order book, 36 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 edgeX live order book, 36 min ago | 8.37 bp | 12.9 bp −$13 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 8.36 bp | 24.1 bp −$24 | 229.3 bp −$2,293 | 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 | −0.1233% | 8h | 2.9750 | −0.122% | $1.7M | $778K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0252% | 1h | 2.9861 | +0.251% | $266 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0207% | 8h | 2.9767 | −0.063% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.407% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0107% | 8h | 2.9840 | +0.181% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9878 | +0.308% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9875 | +0.299% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0061% | 8h | 2.9860 | +0.248% | $17.3M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9890 | +0.348% | $167K | $441K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9881 | +0.319% | $185K | $1.4M | 20x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Bybit ICPUSDT
Lighter 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 | 2.9897 | +0.370% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9864 | +0.261% | $29.0M | $49.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9850 | +0.214% | $5.8M | $15.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9860 | +0.248% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9860 | +0.248% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9880 | +0.315% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9860 | +0.248% | — | $4.9M | — | as long as short |
| edgeX ICPUSDClong | +0.0100% | 4h | 2.9786 | long leg | $23K | $278K | 10x | |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9784 | −0.007% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9840 | +0.181% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9890 | +0.348% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9854 | +0.226% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9850 | +0.214% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.0224% | 1h | 2.9878 | +0.309% | $489K | $512K | 50x | |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9890 | +0.348% | $63K | $90K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9871 | +0.284% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0571% | 1h | 2.9931 | +0.486% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
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]
Hyperliquid ICP