Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Pacifica against GRVT−0.131%52s7-day average +0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$790.789% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 3 days (all we have)−0.064%−$6 · spread now −0.131%, 7d avg +0.088%
=Together, before fees−0.025%+ Points / potential airdropGRVT: Active · Pacifica: Active · farm board−$2 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 0.219% cheaper against GRVT than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.088%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ICP_USDT_Perp | 3.0315 | 0.0100 | pay 0.0100% / 8h | 32m 48s | $579K | $444K | 10x |
| Short | Pacifica ICP | 3.0275 | 0.0100 | get 0.0013% / 1h | 32m 48s | $137K | $11K | 5x |
GRVT ICP_USDT_Perp
Pacifica ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against GRVT. 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: −0.131% → +0.088%
- −$21.94
- Slippage, 4 orders
- −$61.86
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$100.79
- Costs to cover
- 0.789%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 45 min ago; Pacifica: live order book, 45 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 GRVT live order book, 45 min ago | 3.33 bp | 17.7 bp −$18 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 45 min ago | 13.16 bp | 19.2 bp −$19 | 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 | −0.1505% | 8h | 3.0320 | +0.016% | $1.8M | $766K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0344% | 1h | 3.0305 | −0.034% | $270 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0134% | 8h | 3.0312 | −0.012% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0020% | 8h | 3.0270 | −0.149% | $2.0M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0281 | −0.112% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0318 | +0.009% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.145% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0282 | −0.110% | $158K | $452K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0276 | −0.129% | $196K | $1.4M | 20x | as long as short |
| Pacifica ICPshort | +0.0100% | 1h | 3.0275 | −0.131% | $137K | $11K | 5x |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 3.0240 | −0.248% | $29.9M | $51.5M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0250 | −0.215% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0250 | −0.215% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0250 | −0.215% | $19.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0250 | −0.215% | $5.1M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0290 | −0.083% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0280 | −0.116% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0329 | +0.046% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perplong | +0.0100% | 8h | 3.0315 | long leg | $579K | $444K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 3.0290 | −0.083% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0250 | −0.215% | $108K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0274 | −0.135% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0329 | +0.044% | $538K | $581K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0280 | −0.116% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0230% | 1h | 3.0328 | +0.042% | $4.8M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.741% | $64K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0319 | +0.011% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]