Settings8H · net · $10k
Funding arb · Price arb /

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against OKX+0.067%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$3 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.067%, 7d avg +0.030%
Together, before fees−0.047%−$5 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: KuCoin is 0.037% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.99600.0100pay 0.0100% / 8h1h 23m$5.9M$16.0M50x
ShortKuCoin ICPUSDTM2.99800.0100get 0.0100% / 8h1h 23m$5.1M$13.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.067% → +0.030%
$3.69
Slippage, 4 orders
−$42.52
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$60.83
Costs to cover
0.645%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago1.67 bp10.4 bp −$1033.5 bp −$335doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago1.67 bp22.7 bp −$2361.8 bp −$618doesn't fitdoesn't fit

ICP on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex ICPUSDT−0.1407%8h2.9810−0.501%$1.7M$774K50xas long as short
Variational Omni ICP−0.0177%8h2.9941−0.063%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.985%$202$200K12xas long as short
Gate ICP_USDT−0.0071%8h2.99600.000%$1.9M$2.8M50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0050%1h2.9977+0.057%$267$46450xas long as short
dYdX ICP-USD0.0000%1h2.9997+0.124%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9990+0.100%$27K150xas long as short
Lighter ICP+0.0096%1h3.0008+0.160%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h3.0011+0.171%$201K$1.4M20xas long as short
Pacifica ICP+0.0100%1h2.9994+0.113%$136K$11K5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9980+0.068%$29.6M$50.2M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9970+0.033%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9960long leg$5.9M$16.0M50x
MEXC ICP_USDT+0.0100%8h2.9980+0.067%$19.1M$8.8M50xas long as short
KuCoin ICPUSDTMshort+0.0100%8h2.9980+0.067%$5.1M$13.0M50x
Bitget ICPUSDT+0.0100%8h2.9980+0.067%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9980+0.067%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9937−0.075%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9961+0.002%$574K$480K10xas long as short
SunX ICP-USDT+0.0100%8h2.9970+0.033%$1K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9970+0.033%$107K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9983+0.076%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9930−0.100%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h3.0005+0.150%$487K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+0.234%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9986+0.086%$37K100xas long as short
Hyperliquid ICP+0.0671%1h3.0028+0.227%$4.8M$5.0M5xas long as short