Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Pacifica against Binance−0.005%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$650.646% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.005%, 7d avg +0.047%
=Together, before fees+0.184%+ Points / potential airdropPacifica: Active · farm board+$18 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: Pacifica is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9822 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $29.0M | $49.0M | 75x |
| Short | Pacifica ICP | 2.9820 | 0.0100 | get 0.0013% / 1h | 55m 22s | $135K | $11K | 5x |
Binance ICPUSDT
Pacifica ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. 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
- Price spread: −0.005% → +0.047%
- −$5.13
- Slippage, 4 orders
- −$46.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$69.7
- Costs to cover
- 0.646%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Pacifica: live order book, 27 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 Binance live order book, 2 min ago | 1.68 bp | 12.4 bp −$12 | 26.6 bp −$266 | 308.7 bp −$30.9K | doesn't fit |
| Sell Pacifica live order book, 27 min ago | 10.21 bp | 21.5 bp −$22 | doesn't fit | 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 | −0.1255% | 8h | 2.9720 | −0.341% | $1.7M | $779K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0287% | 1h | 2.9800 | −0.073% | $266 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0215% | 8h | 2.9802 | −0.064% | $1.1M | $121K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.525% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0102% | 8h | 2.9790 | −0.106% | $1.9M | $2.7M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9827 | +0.019% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9825 | +0.013% | $27K | — | 150x | as long as short |
| Bybit ICPUSDT | +0.0052% | 8h | 2.9790 | −0.106% | $17.2M | $17.7M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9839 | +0.058% | $166K | $441K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9828 | +0.023% | $182K | $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 ICPshort | +0.0100% | 1h | 2.9820 | −0.005% | $135K | $11K | 5x | |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9822 | long leg | $29.0M | $49.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9800 | −0.073% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9820 | −0.006% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9810 | −0.039% | $5.3M | $12.9M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9820 | −0.006% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.039% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9691 | −0.438% | $23K | $276K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9779 | −0.141% | $570K | $469K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.039% | $2K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9780 | −0.140% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9812 | −0.032% | $25K | $124K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9810 | −0.039% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0224% | 1h | 2.9839 | +0.058% | $489K | $517K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 2.9890 | +0.229% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0433% / S −0.0367% | 1h | 2.9830 | +0.029% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0628% | 1h | 2.9878 | +0.189% | $4.7M | $5.0M | 5x | as long as short |
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP