Funding you earn now, next payment 01:00 UTC−0.0542%/8h= −59.3% APRpaid last 24h −0.136%
Price spread now: Deribit against KuCoin−0.210%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Deribit is 0.210% cheaper against KuCoin than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 3.0410 | 0.0100 | pay 0.0100% / 8h | 7h 48m | $5.2M | $13.3M | 50x |
| Short | Deribit ICP_USDC-PERPETUAL | 3.0346 | −0.0442 | pay 0.0055% / 1h | 48m 27s | $270 | $464 | 50x |
KuCoin ICPUSDTM
Deribit ICP_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against KuCoin. 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
- −$113.82
- Price spread: −0.210% → 0.000%
- −$21.05
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$153.87
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 10 min ago; Deribit: no order-book sample. 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 KuCoin live order book, 10 min ago | 1.65 bp | 26.3 bp −$26 | 83.9 bp −$839 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0892% | 8h | 3.0350 | −0.197% | $1.8M | $761K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUALshort | −0.0442% | 1h | 3.0346 | −0.210% | $270 | $464 | 50x | |
| Kraken Futures PF_ICPUSD | −0.0122% | 1h | 3.0390 | −0.066% | $555K | $599K | 50x | as long as short |
| Variational Omni ICP | −0.0093% | 8h | 3.0440 | +0.100% | $1.1M | $108K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0410 | 0.000% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0360 | −0.164% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.450% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0464 | +0.178% | $175K | $477K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0432 | +0.071% | $300K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0434 | +0.079% | $138K | $11K | 5x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0420 | +0.033% | $30.2M | $52.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0410 | 0.000% | $18.0M | $18.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0410 | 0.000% | $6.2M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0420 | +0.033% | $2.0M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0420 | +0.033% | $19.4M | $9.5M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 3.0410 | long leg | $5.2M | $13.3M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0440 | +0.099% | $7.2M | $4.8M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0420 | +0.033% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0493 | +0.273% | $24K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0465 | +0.180% | $579K | $458K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0330 | −0.263% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0340 | −0.230% | $106K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0424 | +0.045% | $22K | $118K | 10x | as long as short |
| Hyperliquid ICP | +0.0209% | 1h | 3.0477 | +0.220% | $4.7M | $5.0M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0340 | −0.230% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0580 | +0.559% | $64K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0364 | −0.151% | $38K | — | 100x | as long as short |
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
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]