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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9746 | 0.0100 | pay 0.0013% / 1h | 40m 13s | $135K | $11K | 5x |
| Short | Binance ICPUSDT | 2.9750 | 0.0100 | get 0.0100% / 8h | 2h 40m | $28.9M | $48.6M | 75x |
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 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: +0.013% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 47 min ago | 9.77 bp | 21.1 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.68 bp | 7.3 bp −$7 | 21.2 bp −$212 | 208.6 bp −$20.9K | 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 | −0.1286% | 8h | 2.9660 | −0.289% | $1.7M | $782K | 50x | as long as short |
| Variational Omni ICP | −0.0267% | 8h | 2.9715 | −0.104% | $1.1M | $119K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0220% | 1h | 2.9748 | +0.007% | $265 | $464 | 50x | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.272% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0128% | 8h | 2.9730 | −0.054% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0041% | 8h | 2.9740 | −0.020% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9759 | +0.045% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9750 | +0.013% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9780 | +0.114% | $166K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9749 | +0.009% | $189K | $1.5M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICPlong | +0.0100% | 1h | 2.9746 | long leg | $135K | $11K | 5x | |
| Binance ICPUSDTshort | +0.0100% | 8h | 2.9750 | +0.013% | $28.9M | $48.6M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9730 | −0.054% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9740 | −0.020% | $19.5M | $8.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | +0.013% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9750 | +0.013% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9740 | −0.020% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9722 | −0.082% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9721 | −0.086% | $570K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9730 | −0.054% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9690 | −0.188% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9738 | −0.028% | $24K | $123K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9760 | +0.045% | $495K | $509K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9740 | −0.020% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9790 | +0.148% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9743 | −0.011% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0944% | 1h | 2.9815 | +0.232% | $4.8M | $4.9M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
Phemex ICPUSDT
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
Injective ICP/USDC PERP
Gate ICP_USDT
Bybit ICPUSDT
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP