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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Pacifica+0.021%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$730.729% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.043%−$4 on $10k
Price spread, last 4 days (all we have)−0.286%−$29 · spread now +0.021%, 7d avg −0.029%
Together, before fees−0.330%+ Points / potential airdropPacifica: Active · farm board−$33 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: Bitget is 0.050% dearer against Pacifica than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.99640.0100pay 0.0013% / 1h19m 37s$136K$10K5x
ShortBitget ICPUSDT2.99700.0100get 0.0100% / 8h5h 19m$7.0M$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.021% → −0.029%
$5.05
Slippage, 4 orders
−$52.89
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$67.84
Costs to cover
0.729%
Break-even
never at this rate
Slippage from Pacifica: live order book, 43 min ago; Bitget: live order book, 4 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, 43 min ago12.50 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.67 bp14.8 bp −$1529.7 bp −$297doesn'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
Deribit ICP_USDC-PERPETUAL−0.0017%1h2.9957−0.022%$267$46450xas long as short
dYdX ICP-USD0.0000%1h2.9972+0.028%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h2.9973+0.031%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−0.997%$202$200K12xas long as short
Variational Omni ICP+0.0080%8h2.9979+0.053%$1.1M$116Kas long as short
Lighter ICP+0.0096%1h2.9987+0.078%$161K$485K5xas long as short
Hyperliquid ICP+0.0100%1h2.9983+0.065%$4.6M$5.0M5xas long as short
Aster ICPUSDT+0.0100%8h2.9984+0.067%$276K$1.7M20xas long as short
Pacifica ICPlong+0.0100%1h2.9964long leg$136K$10K5x
Binance ICPUSDT+0.0100%8h2.9960−0.012%$29.5M$53.3M75xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h2.9960−0.012%$17.4M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9960−0.012%$5.8M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h2.9960−0.012%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9950−0.045%$19.9M$10.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9950−0.045%$4.9M$13.2M50xas long as short
Bitget ICPUSDTshort+0.0100%8h2.9970+0.021%$7.0M$4.9M50x
BingX ICP-USDT+0.0100%8h2.9970+0.021%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h2.9986+0.075%$23K$280K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9959−0.017%$569K$483K10xas long as short
SunX ICP-USDT+0.0100%8h2.9970+0.021%$1K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9940−0.079%$105K$181K20xas long as short
Phemex ICPUSDT+0.0100%8h2.9880−0.279%$1.8M$793K50xas long as short
Extended ICP-USD+0.0104%1h2.9951−0.041%$23K$122K10xas long as short
BloFin ICP-USDT+0.0220%8h3.0000+0.121%$1.3M$2.2M75xas long as short
Kraken Futures PF_ICPUSD+0.0292%1h2.9995+0.103%$528K$641K50xas long as short
Coinbase International ICP-PERP-INTX+0.0320%1h3.0030+0.222%$68K$70K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h2.9974+0.036%$37K100xas long as short