After costs, if the gap returns to its 7d average, $10k−$85
spread now+0.104%7d average+0.011%fees + slippage, in and out−$94spread needed0.942%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ICPUSDTM | 2.9390 | 0.0100 | pay 0.0100% / 8h | 28m 59s | $5.0M | $11.2M | 50x |
| Short | Kraken Futures PF_ICPUSD | 2.9420 | −0.0673 | pay 0.0084% / 1h | 28m 59s | $506K | $558K | 50x |
KuCoin ICPUSDTM
Kraken Futures PF_ICPUSDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.37
- Funding while held
- −$23.2
- Slippage, 4 orders
- −$72.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$107.04
- Spread needed to break even
- 0.942%
Slippage from KuCoin: live order book, 6 min ago; Kraken Futures: live order book, 20 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0773%
- Per $10,000 a day
- −$23.20
- Average in range /8h
- —
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, 6 min ago | 5.11 bp | 24.5 bp −$24 | 95.0 bp −$950 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 20 min ago | 11.77 bp | 25.4 bp −$25 | 56.7 bp −$567 | doesn't fit | doesn't fit |
ICP price on every exchange
against the cheapest. Click to use as the short leg.edgeX2.9339cheapestVariational Omni2.9342+0.010%BloFin2.9350+0.037%dYdX2.9363+0.080%OKX2.9370+0.105%Deribit2.9376+0.125%Bybit2.9380+0.139%BingX2.9380+0.139%SunX2.9380+0.139%Pacifica2.9381+0.141%Aster2.9386+0.158%GMX2.9390+0.172%Gate2.9390+0.173%MEXC2.9390+0.173%
Variational Omni
BloFin
dYdX
OKX
Deribit
Bybit
BingX
SunX
Pacifica
Aster
GMX
Gate
MEXCKuCoin2.9390+0.173%
gTrade (Gains Network)2.9390+0.173%Lighter2.9395+0.190%Extended2.9396+0.192%Binance2.9396+0.193%Bitget2.9400+0.207%HTX2.9400+0.207%Coinbase International2.9410+0.241%
gTrade (Gains Network)
Lighter
Extended
Binance
Bitget
HTX
Coinbase InternationalKraken Futures2.9420+0.277%
Hyperliquid2.9432+0.315%Phemex2.9460+0.411%Injective2.9638+1.018%
Hyperliquid
Phemex
InjectiveICP on 26 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ICPUSDC | −0.173% | +0.0100% | 4h | $23K | $276K | 10x | as long as short |
| Variational Omni ICP | −0.163% | −0.0384% | 8h | $1.0M | $83K | — | as long as short |
| BloFin ICP-USDT | −0.136% | +0.0106% | 8h | $1.2M | $2.4M | 75x | as long as short |
| dYdX ICP-USD | −0.093% | 0.0000% | 1h | $70K | $3K | 5x | as long as short |
| OKX ICP-USDT-SWAP | −0.068% | −0.0027% | 8h | $5.7M | $16.0M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.048% | −0.0532% | 1h | $262 | $267 | 50x | as long as short |
| Bybit ICPUSDT | −0.034% | −0.0213% | 8h | $16.5M | $15.3M | 75x | as long as short |
| BingX ICP-USDT | −0.034% | +0.0100% | 8h | — | $3.6M | — | as long as short |
| SunX ICP-USDT | −0.034% | +0.0100% | 8h | $1K | $1.8M | 20x | as long as short |
| Pacifica ICP | −0.032% | +0.0100% | 1h | $133K | $11K | 5x | as long as short |
Show all 26 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | −0.014% | +0.0100% | 8h | $164K | $1.9M | 20x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | 0.000% | L +0.0356% / S −0.0238% | 1h | $30K | — | 100x | as long as short |
| Gate ICP_USDT | 0.000% | −0.0029% | 8h | $1.8M | $2.3M | 50x | as long as short |
| MEXC ICP_USDT | 0.000% | −0.0012% | 8h | $18.4M | $7.4M | 50x | as long as short |
| KuCoin ICPUSDTMlong | 0.000% | +0.0100% | 8h | $5.0M | $11.2M | 50x | |
| gTrade (Gains Network) ICP/USD | 0.000% | L +0.0006% / S −0.0010% | 1h | $26K | — | 150x | as long as short |
| Lighter ICP | +0.017% | +0.0096% | 1h | $143K | $321K | 5x | as long as short |
| Extended ICP-USD | +0.019% | −0.0016% | 1h | $26K | $133K | 10x | as long as short |
| Binance ICPUSDT | +0.020% | −0.0014% | 8h | $28.5M | $47.8M | 75x | as long as short |
| Bitget ICPUSDT | +0.034% | +0.0100% | 8h | $6.8M | $4.0M | 50x | as long as short |
| HTX ICP-USDT | +0.034% | +0.0100% | 8h | $111K | $284K | 20x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.068% | +0.0096% | 1h | $67K | $119K | 50x | as long as short |
| Kraken Futures PF_ICPUSDshort | +0.104% | −0.0673% | 1h | $506K | $558K | 50x | |
| Hyperliquid ICP | +0.142% | +0.0496% | 1h | $4.7M | $3.7M | 5x | as long as short |
| Phemex ICPUSDT | +0.238% | −0.0659% | 8h | $1.7M | $754K | 50x | as long as short |
| Injective ICP/USDC PERP | +0.844% | +0.0033% | 1h | $202 | $164K | 12x | as long as short |