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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Binance against Pacifica+0.013%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$610.613% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.013%, 7d avg −0.047%
Together, before fees−0.193%+ Points / potential airdropPacifica: Active · farm board−$19 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: Binance is 0.060% dearer against Pacifica than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.97460.0100pay 0.0013% / 1h40m 13s$135K$11K5x
ShortBinance ICPUSDT2.97500.0100get 0.0100% / 8h2h 40m$28.9M$48.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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: +0.013% → −0.047%
$6.01
Slippage, 4 orders
−$43.25
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$55.24
Costs to cover
0.613%
Break-even
never at this rate
Slippage from Pacifica: live order book, 47 min ago; Binance: live order book, 2 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 Pacifica live order book, 47 min ago9.77 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.68 bp7.3 bp −$721.2 bp −$212208.6 bp −$20.9Kdoesn'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−0.1286%8h2.9660−0.289%$1.7M$782K50xas long as short
Variational Omni ICP−0.0267%8h2.9715−0.104%$1.1M$119Kas long as short
Deribit ICP_USDC-PERPETUAL−0.0220%1h2.9748+0.007%$265$46450xas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.272%$202$200K12xas long as short
Gate ICP_USDT−0.0128%8h2.9730−0.054%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0041%8h2.9740−0.020%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9759+0.045%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9750+0.013%$27K150xas long as short
Lighter ICP+0.0096%1h2.9780+0.114%$166K$442K5xas long as short
Aster ICPUSDT+0.0100%8h2.9749+0.009%$189K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICPlong+0.0100%1h2.9746long leg$135K$11K5x
Binance ICPUSDTshort+0.0100%8h2.9750+0.013%$28.9M$48.6M75x
OKX ICP-USDT-SWAP+0.0100%8h2.9730−0.054%$5.8M$15.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9740−0.020%$19.5M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9750+0.013%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9750+0.013%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9740−0.020%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9722−0.082%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9721−0.086%$570K$481K10xas long as short
SunX ICP-USDT+0.0100%8h2.9730−0.054%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9690−0.188%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9738−0.028%$24K$123K10xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9760+0.045%$495K$509K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9740−0.020%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9790+0.148%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9743−0.011%$31K100xas long as short
Hyperliquid ICP+0.0944%1h2.9815+0.232%$4.8M$4.9M5xas long as short