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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Pacifica against OKX+0.078%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$690.693% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.146%+$15 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.078%, 7d avg +0.078%
Together, before fees+0.194%+ Points / potential airdropPacifica: Active · farm board+$19 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ICP-USDT-SWAP2.97400.0100pay 0.0100% / 8h2h 37m$5.8M$15.6M50x
ShortPacifica ICP2.97630.0100get 0.0013% / 1h37m 21s$135K$11K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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: +0.078% → +0.078%
−$0.06
Slippage, 4 orders
−$51.31
Fee OKX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$69.37
Costs to cover
0.693%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Pacifica: live order book, 50 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 OKX live order book, 1 min ago1.68 bp14.6 bp −$1529.3 bp −$293doesn't fitdoesn't fit
Sell Pacifica live order book, 50 min ago9.77 bp21.1 bp −$21doesn'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−0.1294%8h2.9670−0.235%$1.7M$782K50xas long as short
Variational Omni ICP−0.0267%8h2.9715−0.084%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.252%$202$200K12xas long as short
Deribit ICP_USDC-PERPETUAL−0.0187%1h2.9763+0.077%$265$46450xas long as short
Gate ICP_USDT−0.0125%8h2.97400.000%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0032%8h2.9750+0.034%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9754+0.047%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9772+0.108%$27K150xas long as short
Aster ICPUSDT+0.0100%8h2.9749+0.031%$189K$1.5M20xas long as short
Pacifica ICPshort+0.0100%1h2.9763+0.078%$135K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9760+0.067%$28.9M$48.6M75xas long as short
OKX ICP-USDT-SWAPlong+0.0100%8h2.9740long leg$5.8M$15.6M50x
MEXC ICP_USDT+0.0100%8h2.9770+0.101%$19.5M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9770+0.101%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9780+0.134%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9750+0.034%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9693−0.157%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9728−0.041%$570K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9760+0.067%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9680−0.202%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9756+0.055%$24K$123K10xas long as short
Lighter ICP+0.0120%1h2.9787+0.158%$166K$442K5xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9776+0.120%$495K$510K50xas long as short
BloFin ICP-USDT+0.0220%8h2.97400.000%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9790+0.168%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9767+0.089%$31K100xas long as short
Hyperliquid ICP+0.0960%1h2.9824+0.282%$4.8M$4.9M5xas long as short