Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against KuCoin+0.058%7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$770.773% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now +0.058%, 7d avg −0.065%
=Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 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: Extended is 0.123% dearer against KuCoin than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9460 | 0.0100 | pay 0.0100% / 8h | 4h 40m | $4.8M | $12.8M | 50x |
| Short | Extended ICP-USD | 2.9477 | 0.0104 | get 0.0013% / 1h | 40m 07s | $22K | $124K | 10x |
KuCoin ICPUSDTM
Extended ICP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.058% → −0.065%
- $12.31
- Slippage, 4 orders
- −$60.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$64.14
- Costs to cover
- 0.773%
- Break-even
- 541.5 days
Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 15 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 KuCoin live order book, 3 min ago | 3.40 bp | 22.9 bp −$23 | 85.6 bp −$856 | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 4.06 bp | 12.8 bp −$13 | 53.3 bp −$533 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9502 | +0.143% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9470 | +0.034% | $263 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9473 | +0.043% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.696% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0087% | 8h | 2.9430 | −0.103% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9468 | +0.027% | $157K | $486K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9489 | +0.100% | $269K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9509 | +0.168% | $134K | $10K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9440 | −0.068% | $28.9M | $51.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9450 | −0.034% | $17.1M | $18.5M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9450 | −0.034% | $5.6M | $16.4M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9450 | −0.034% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | 0.000% | $19.7M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTMlong | +0.0100% | 8h | 2.9460 | long leg | $4.8M | $12.8M | 50x | |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9470 | +0.034% | $6.9M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9460 | 0.000% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9466 | +0.019% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9404 | −0.192% | $569K | $464K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9500 | +0.136% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9430 | −0.102% | $103K | $175K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9470 | +0.034% | $1.7M | $791K | 50x | as long as short |
| Extended ICP-USDshort | +0.0104% | 1h | 2.9477 | +0.058% | $22K | $124K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9450 | −0.034% | $1.2M | $2.2M | 75x | as long as short |
| Hyperliquid ICP | +0.0273% | 1h | 2.9480 | +0.068% | $4.6M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9710 | +0.849% | $67K | $62K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0504% / S −0.0480% | 1h | 2.9479 | +0.063% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0572% | 1h | 2.9493 | +0.112% | $518K | $623K | 50x | as long as short |
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
Phemex ICPUSDT
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD