Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: Pacifica against Bybit−0.094%7-day average +0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$640.641% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.094%, 7d avg +0.077%
=Together, before fees+0.310%+ Points / potential airdropPacifica: Active · farm board+$31 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 0.171% cheaper against Bybit than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 3.0010 | 0.0100 | pay 0.0100% / 8h | 6h 08m | $17.5M | $19.0M | 75x |
| Short | Pacifica ICP | 2.9982 | 0.0100 | get 0.0013% / 1h | 8m 33s | $136K | $11K | 5x |
Bybit ICPUSDT
Pacifica ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bybit. 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: −0.094% → +0.077%
- −$17.08
- Slippage, 4 orders
- −$45.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$81.15
- Costs to cover
- 0.641%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Pacifica: live order book, 59 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 Bybit live order book, 5 min ago | 1.66 bp | 11.8 bp −$12 | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 59 min ago | 11.46 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
ICP on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0217% | 1h | 2.9979 | −0.103% | $267 | $464 | 50x | as long as short |
| Phemex ICPUSDT | −0.0014% | 8h | 2.9960 | −0.167% | $1.8M | $798K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9988 | −0.073% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9983 | −0.092% | $23K | — | 150x | as long as short |
| Variational Omni ICP | +0.0014% | 8h | 3.0080 | +0.232% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.150% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0021 | +0.037% | $163K | $492K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0005 | −0.016% | $279K | $1.7M | 20x | as long as short |
| Pacifica ICPshort | +0.0100% | 1h | 2.9982 | −0.094% | $136K | $11K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 3.0016 | +0.020% | $29.6M | $53.6M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTlong | +0.0100% | 8h | 3.0010 | long leg | $17.5M | $19.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0020 | +0.033% | $5.8M | $17.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0000 | −0.033% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9990 | −0.067% | $19.3M | $10.2M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9970 | −0.133% | $4.9M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0020 | +0.033% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9990 | −0.067% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0074 | +0.213% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0113 | +0.342% | $584K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9970 | −0.133% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9940 | −0.233% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9972 | −0.127% | $22K | $125K | 10x | as long as short |
| Hyperliquid ICP | +0.0138% | 1h | 3.0019 | +0.029% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0140 | +0.433% | $65K | $71K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 2.9977 | −0.111% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0895% | 1h | 3.0011 | +0.003% | $544K | $609K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
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
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD