Funding you earn now, next payment 00:00 UTC−0.1548%/8h= −169.5% APRpaid last 24h −0.281%
Price spread now: Phemex against Pacifica+0.083%7-day average −0.200% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.473%−$247 on $10k
+Price spread, last 3 days (all we have)−0.330%−$33 · spread now +0.083%, 7d avg −0.200%
=Together, before fees−2.804%+ Points / potential airdropPacifica: Active · farm board−$280 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.283% dearer against Pacifica than usual: you sell high and buy low (spread +0.083% now, against its 7-day average of −0.200%): +$28 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 15 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 3.0255 | 0.0100 | pay 0.0013% / 1h | 27m 13s | $137K | $11K | 5x |
| Short | Phemex ICPUSDT | 3.0280 | −0.1448 | pay 0.1448% / 8h | 27m 13s | $1.8M | $766K | 50x |
Pacifica ICP
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$325.13
- Price spread: +0.083% → −0.200%
- $28.35
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$316.78
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 50 min ago; Phemex: live order book, 1 min ago. 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, 50 min ago | 13.16 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 4.95 bp | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDTshort | −0.1448% | 8h | 3.0280 | +0.083% | $1.8M | $766K | 50x | |
| Deribit ICP_USDC-PERPETUAL | −0.0312% | 1h | 3.0214 | −0.135% | $269 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0129% | 8h | 3.0212 | −0.143% | $1.1M | $107K | — | as long as short |
| Gate ICP_USDT | −0.0019% | 8h | 3.0250 | −0.016% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0264 | +0.031% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0234 | −0.067% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.950% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0284 | +0.096% | $157K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0230 | −0.082% | $190K | $1.4M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 3.0255 | long leg | $137K | $11K | 5x |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter 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 | 3.0250 | −0.016% | $29.9M | $51.6M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0240 | −0.049% | $18.0M | $18.4M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0240 | −0.049% | $6.1M | $16.8M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0240 | −0.049% | $19.1M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0230 | −0.082% | $5.1M | $13.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0260 | +0.017% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0240 | −0.049% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0290 | +0.117% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0212 | −0.141% | $577K | $436K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0210 | −0.148% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0200 | −0.181% | $107K | $222K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0214 | −0.134% | $25K | $118K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0171% | 1h | 3.0279 | +0.079% | $537K | $578K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0220 | −0.115% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0540 | +0.943% | $64K | $89K | 50x | as long as short |
| Hyperliquid ICP | +0.0241% | 1h | 3.0308 | +0.176% | $4.8M | $5.0M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0223 | −0.105% | $38K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]