Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: MEXC against Pacifica−0.012%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$470.473% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now −0.012%, 7d avg −0.049%
=Together, before fees−0.173%+ Points / potential airdropPacifica: Active · farm board−$17 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: MEXC is 0.037% dearer against Pacifica than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9994 | 0.0100 | pay 0.0013% / 1h | 5m 20s | $136K | $11K | 5x |
| Short | MEXC ICP_USDT | 2.9990 | 0.0100 | get 0.0100% / 8h | 6h 05m | $19.3M | $10.2M | 50x |
Pacifica ICP
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.012% → −0.049%
- $3.71
- Slippage, 4 orders
- −$39.33
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$43.61
- Costs to cover
- 0.473%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 62 min ago; MEXC: live order book, 3 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, 62 min ago | 11.46 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.66 bp | 3.2 bp −$3 | 10.0 bp −$100 | 73.5 bp −$7,350 | 147.6 bp −$73.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0017% | 1h | 2.9999 | +0.018% | $267 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0004 | +0.035% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0003 | +0.032% | $23K | — | 150x | as long as short |
| Phemex ICPUSDT | +0.0012% | 8h | 3.0000 | +0.021% | $1.8M | $799K | 50x | as long as short |
| Variational Omni ICP | +0.0020% | 8h | 2.9990 | −0.013% | $1.1M | $116K | — | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.096% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0019 | +0.085% | $163K | $492K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0014 | +0.070% | $279K | $1.7M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9994 | long leg | $136K | $11K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 3.0000 | +0.021% | $29.6M | $53.4M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9980 | −0.045% | $17.5M | $19.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9990 | −0.012% | $5.8M | $17.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9990 | −0.012% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9990 | −0.012% | $19.3M | $10.2M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9980 | −0.045% | $4.9M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0000 | +0.021% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0000 | +0.021% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0026 | +0.108% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9972 | −0.072% | $581K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9990 | −0.012% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9980 | −0.045% | $105K | $239K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9982 | −0.040% | $22K | $127K | 10x | as long as short |
| Hyperliquid ICP | +0.0129% | 1h | 3.0028 | +0.115% | $4.7M | $5.0M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0140 | +0.488% | $65K | $68K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0003 | +0.031% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0894% | 1h | 3.0043 | +0.165% | $544K | $609K | 50x | as long as short |
Bybit ICPUSDT
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD