Funding you earn now, next payment 02:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.47 per $10,000 · paid last 24h +0.056%
Price spread now: GMX against Pacifica+0.058%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GMX is 0.058% dearer against Pacifica than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9988 | 0.0100 | pay 0.0013% / 1h | 29m 58s | $136K | $11K | 5x |
| Short | GMX ICP/USD [WBTC.b-USDC] | 3.0005 | L +0.0508% / S −0.0480% | get 0.0060% / 1h | 29m 58s | $37K | — | 100x |
Pacifica ICP
GMX ICP/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $79.79
- Price spread: +0.058% → 0.000%
- $5.77
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $65.56
- Costs to cover
- 0.200%
- Break-even
- 1.2 days
Slippage unknown: Pacifica: live order book, 38 min ago; GMX: no order-book sample. Net counts fees only.
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, 38 min ago | 11.46 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ICP on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.0004% | 8h | 2.9960 | −0.091% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9995 | +0.025% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0024 | +0.121% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0010 | +0.075% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.076% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0055 | +0.225% | $164K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0023 | +0.119% | $292K | $1.7M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9988 | long leg | $136K | $11K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 3.0030 | +0.141% | $29.7M | $54.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0020 | +0.108% | $17.7M | $19.0M | 75x | as long as short |
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDT
Bybit ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0030 | +0.141% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0030 | +0.141% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0030 | +0.141% | $19.4M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0010 | +0.075% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0040 | +0.175% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0020 | +0.108% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9935 | −0.175% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9918 | −0.231% | $580K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.092% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.092% | $105K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0000 | +0.041% | $1.8M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0025 | +0.126% | $22K | $131K | 10x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0040 | +0.175% | $65K | $75K | 50x | as long as short |
| Hyperliquid ICP | +0.0301% | 1h | 3.0066 | +0.261% | $4.7M | $5.2M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC]short | L +0.0508% / S −0.0480% | 1h | 3.0005 | +0.058% | $37K | — | 100x | |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0067 | +0.264% | $545K | $617K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
Kraken Futures PF_ICPUSD