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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against Pacifica+0.046%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$790.789% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 3 days (all we have)+0.150%+$15 · spread now +0.046%, 7d avg −0.088%
Together, before fees+0.110%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board+$11 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: GRVT is 0.134% dearer against Pacifica than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP3.03010.0100pay 0.0013% / 1h32m 52s$137K$11K5x
ShortGRVT ICP_USDT_Perp3.03150.0100get 0.0100% / 8h32m 52s$579K$444K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.046% → −0.088%
$13.41
Slippage, 4 orders
−$61.86
Fee Pacifica: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$65.45
Costs to cover
0.789%
Break-even
never at this rate
Slippage from Pacifica: live order book, 45 min ago; GRVT: live order book, 45 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, 45 min ago13.16 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 45 min ago3.33 bp18.3 bp −$1858.8 bp −$588doesn'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−0.1505%8h3.0320+0.062%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0344%1h3.0305+0.012%$270$46450xas long as short
Variational Omni ICP−0.0134%8h3.0312+0.034%$1.1M$107Kas long as short
Gate ICP_USDT−0.0020%8h3.0270−0.103%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0275−0.087%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0318+0.055%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.100%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0309+0.025%$158K$452K5xas long as short
Aster ICPUSDT+0.0100%8h3.0277−0.081%$196K$1.4M20xas long as short
Pacifica ICPlong+0.0100%1h3.0301long leg$137K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0273−0.095%$29.9M$51.5M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0260−0.136%$18.0M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0270−0.103%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0270−0.103%$19.2M$9.3M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0270−0.103%$5.1M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0300−0.004%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0280−0.070%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0329+0.092%$23K$278K10xas long as short
GRVT ICP_USDT_Perpshort+0.0100%8h3.0315+0.046%$579K$444K10x
SunX ICP-USDT+0.0100%8h3.0290−0.037%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0250−0.169%$108K$222K20xas long as short
Extended ICP-USD+0.0104%1h3.0274−0.089%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0329+0.090%$538K$581K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0280−0.070%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0233%1h3.0334+0.108%$4.8M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+0.788%$64K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0319+0.057%$38K100xas long as short