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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0456%/8h= +49.9% APRnext payment +$0.57 per $10,000 · paid last 24h +0.150%
Price spread now: Pacifica against Deribit+0.127%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Pacifica is 0.127% dearer against Deribit than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ICP_USDC-PERPETUAL2.9684−0.0356get 0.0044% / 1h38m 44s$265$46450x
ShortPacifica ICP2.97220.0100get 0.0013% / 1h38m 44s$135K$11K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Deribit. 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
$95.76
Price spread: +0.127% → 0.000%
$12.72
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$93.48
Costs to cover
0.150%
Break-even
0.2 days
Slippage unknown: Deribit: no order-book sample; Pacifica: live order book, 48 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Pacifica live order book, 48 min ago9.77 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.1288%8h2.9620−0.216%$1.7M$782K50xas long as short
Deribit ICP_USDC-PERPETUALlong−0.0356%1h2.9684long leg$265$46450x
Variational Omni ICP−0.0267%8h2.9715+0.105%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.064%$202$200K12xas long as short
Gate ICP_USDT−0.0130%8h2.9690+0.020%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0039%8h2.9700+0.054%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9698+0.048%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9700+0.054%$27K150xas long as short
Aster ICPUSDT+0.0100%8h2.9708+0.080%$189K$1.5M20xas long as short
Pacifica ICPshort+0.0100%1h2.9722+0.127%$135K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9710+0.088%$28.9M$48.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9700+0.054%$5.8M$15.5M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9720+0.121%$19.5M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9690+0.020%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9720+0.121%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9690+0.020%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9738+0.181%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9728+0.147%$570K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9670−0.047%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9710+0.088%$106K$218K20xas long as short
Lighter ICP+0.0104%1h2.9743+0.199%$166K$442K5xas long as short
Extended ICP-USD+0.0104%1h2.9676−0.026%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9712+0.094%$494K$510K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9740+0.189%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9790+0.357%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9688+0.015%$31K100xas long as short
Hyperliquid ICP+0.0947%1h2.9773+0.300%$4.8M$4.9M5xas long as short