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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against BingX+0.092%47s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.646% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.140%+$14 · spread now +0.092%, 7d avg +0.058%
Together, before fees+0.172%+ Points / potential airdropPacifica: Active · farm board+$17 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 0.033% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.058%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.98200.0100pay 0.0100% / 8h1h 55m$4.9M
ShortPacifica ICP2.98470.0100get 0.0013% / 1h55m 46s$135K$11K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against BingX. 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: +0.092% → +0.058%
$3.35
Slippage, 4 orders
−$46.65
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$61.3
Costs to cover
0.646%
Break-even
never at this rate
Slippage from BingX: live order book, 9 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago5.06 bp11.6 bp −$1221.7 bp −$217104.4 bp −$10.4K535.7 bp −$267.8K
Sell Pacifica live order book, 27 min ago10.21 bp21.5 bp −$22doesn't fitdoesn'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−0.1260%8h2.9760−0.201%$1.7M$779K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0521%1h2.9825+0.017%$266$46450xas long as short
Variational Omni ICP−0.0222%8h2.9664−0.524%$1.1M$121Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.520%$202$200K12xas long as short
Gate ICP_USDT−0.0102%8h2.9800−0.067%$1.9M$2.7M50xas long as short
dYdX ICP-USD0.0000%1h2.9852+0.108%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9836+0.052%$27K150xas long as short
Bybit ICPUSDT+0.0049%8h2.9790−0.101%$17.2M$17.7M75xas long as short
Lighter ICP+0.0096%1h2.9853+0.111%$166K$441K5xas long as short
Aster ICPUSDT+0.0100%8h2.9829+0.030%$182K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICPshort+0.0100%1h2.9847+0.092%$135K$11K5x
Binance ICPUSDT+0.0100%8h2.9829+0.029%$29.0M$49.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9810−0.034%$5.8M$15.7M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9810−0.034%$19.2M$8.5M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9810−0.034%$5.2M$12.9M50xas long as short
Bitget ICPUSDT+0.0100%8h2.98200.000%$6.8M$4.4M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9820long leg$4.9M
edgeX ICPUSDC+0.0100%4h2.9691−0.433%$23K$276K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9690−0.436%$568K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9810−0.034%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9790−0.101%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9815−0.017%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9790−0.101%$1.2M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0224%1h2.9859+0.131%$489K$517K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9890+0.235%$62K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9830+0.035%$31K100xas long as short
Hyperliquid ICP+0.0615%1h2.9877+0.190%$4.7M$5.0M5xas long as short