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 KuCoin+0.060%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$840.843% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.060%, 7d avg +0.011%
Together, before fees+0.256%+ Points / potential airdropPacifica: Active · farm board+$26 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 0.049% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ICPUSDTM2.99600.0100pay 0.0100% / 8h1h 10m$5.1M$13.0M50x
ShortPacifica ICP2.99780.0100get 0.0013% / 1h10m 26s$136K$11K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against KuCoin. 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: +0.060% → +0.011%
$4.93
Slippage, 4 orders
−$64.27
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$79.34
Costs to cover
0.843%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Pacifica: live order book, 7 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 KuCoin live order book, 3 min ago1.67 bp21.0 bp −$2172.7 bp −$727doesn't fitdoesn't fit
Sell Pacifica live order book, 7 min ago13.16 bp19.2 bp −$19doesn'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−0.1474%8h2.9800−0.534%$1.7M$771K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0184%1h2.9961+0.003%$267$46450xas long as short
Variational Omni ICP−0.0159%8h2.9981+0.071%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.985%$202$200K12xas long as short
Gate ICP_USDT−0.0047%8h2.99600.000%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9958−0.006%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9984+0.081%$27K150xas long as short
Lighter ICP+0.0096%1h2.9994+0.113%$165K$446K5xas long as short
Aster ICPUSDT+0.0100%8h2.9979+0.064%$209K$1.4M20xas long as short
Pacifica ICPshort+0.0100%1h2.9978+0.060%$136K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9970+0.033%$29.6M$50.4M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9950−0.033%$17.4M$17.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9950−0.033%$5.9M$16.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9970+0.033%$19.6M$8.9M50xas long as short
KuCoin ICPUSDTMlong+0.0100%8h2.9960long leg$5.1M$13.0M50x
Bitget ICPUSDT+0.0100%8h2.9970+0.033%$6.8M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.99600.000%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9940−0.065%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9941−0.065%$573K$435K10xas long as short
SunX ICP-USDT+0.0100%8h2.9950−0.033%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h2.9930−0.100%$106K$220K20xas long as short
Extended ICP-USD+0.0104%1h2.9964+0.012%$25K$118K10xas long as short
BloFin ICP-USDT+0.0220%8h2.99600.000%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h2.9971+0.035%$486K$528K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0030+0.234%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0506% / S −0.0480%1h2.9980+0.066%$37K100xas long as short
Hyperliquid ICP+0.0674%1h3.0029+0.230%$4.8M$5.0M5xas long as short