Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Pacifica−0.008%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.008%, 7d avg −0.004%
=Together, before fees−0.216%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9088 | 0.0100 | pay 0.0013% / 1h | 39m 41s | $132K | $10K | 5x |
| Short | Lighter ICP | 2.9086 | 0.0096 | get 0.0012% / 1h | 39m 41s | $140K | $493K | 5x |
Pacifica ICP
Lighter ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$0.84
- Price spread: −0.008% → −0.004%
- −$0.47
- Slippage, 4 orders
- −$59.87
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$69.18
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 8 min ago; Lighter: live order book, 65 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, 8 min ago | 16.92 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 65 min ago | 2.03 bp | 4.4 bp −$4 | 32.4 bp −$324 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0368% | 1h | 2.9096 | +0.026% | $189 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0069% | 1h | 2.9111 | +0.078% | $483K | $645K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9098 | +0.031% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9104 | +0.053% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.982% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0062% | 8h | 2.9110 | +0.076% | $1.0M | $133K | — | as long as short |
| Lighter ICPshort | +0.0096% | 1h | 2.9086 | −0.008% | $140K | $493K | 5x | |
| Hyperliquid ICP | +0.0100% | 1h | 2.9104 | +0.053% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9095 | +0.022% | $260K | $1.3M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9088 | long leg | $132K | $10K | 5x |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9063 | −0.086% | $28.4M | $48.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9050 | −0.132% | $17.0M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9070 | −0.063% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9080 | −0.029% | $1.8M | $2.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9060 | −0.098% | $17.9M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9070 | −0.063% | $4.8M | $12.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9090 | +0.005% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9070 | −0.063% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9176 | +0.300% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9169 | +0.275% | $555K | $489K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9090 | +0.005% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9080 | −0.029% | $102K | $117K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9100 | +0.040% | $1.7M | $737K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9063 | −0.089% | $23K | $134K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9080 | −0.029% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9140 | +0.177% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9100 | +0.041% | $30K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]