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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SunX against Pacifica−0.024%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1911.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.024%, 7d avg −0.071%
Together, before fees−0.058%+ Points / potential airdropPacifica: Active · farm board−$6 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: SunX is 0.047% dearer against Pacifica than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.97670.0100pay 0.0013% / 1h36m 31s$135K$11K5x
ShortSunX ICP-USDT2.97600.0100get 0.0100% / 8h2h 36m$1K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.024% → −0.071%
$4.69
Slippage, 4 orders
−$174.57
Fee Pacifica: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$185.87
Costs to cover
1.906%
Break-even
never at this rate
Slippage from Pacifica: live order book, 51 min ago; SunX: live order book, 9 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, 51 min ago9.77 bp21.1 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 9 min ago48.80 bp74.5 bp −$74doesn't fitdoesn'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−0.1294%8h2.9670−0.326%$1.7M$782K50xas long as short
Variational Omni ICP−0.0267%8h2.9715−0.174%$1.1M$119Kas long as short
Injective ICP/USDC PERP−0.0199%1h2.9665−0.343%$202$200K12xas long as short
Deribit ICP_USDC-PERPETUAL−0.0187%1h2.9763−0.014%$265$46450xas long as short
Gate ICP_USDT−0.0123%8h2.9720−0.158%$1.9M$2.7M50xas long as short
Bybit ICPUSDT−0.0029%8h2.9740−0.091%$17.1M$17.6M75xas long as short
dYdX ICP-USD0.0000%1h2.9754−0.044%$69K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9772+0.017%$27K150xas long as short
Aster ICPUSDT+0.0100%8h2.9765−0.009%$189K$1.5M20xas long as short
Pacifica ICPlong+0.0100%1h2.9767long leg$135K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h2.9740−0.091%$28.9M$48.6M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9720−0.158%$5.8M$15.6M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9740−0.091%$19.5M$8.4M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9770+0.010%$5.3M$12.8M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9760−0.024%$6.8M$4.4M50xas long as short
BingX ICP-USDT+0.0100%8h2.9730−0.125%$4.9Mas long as short
edgeX ICPUSDC+0.0100%4h2.9693−0.248%$23K$277K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9728−0.132%$570K$481K10xas long as short
SunX ICP-USDTshort+0.0100%8h2.9760−0.024%$1K$1.7M20x
HTX ICP-USDT+0.0100%8h2.9680−0.293%$106K$218K20xas long as short
Extended ICP-USD+0.0104%1h2.9751−0.055%$24K$123K10xas long as short
Lighter ICP+0.0136%1h2.9771+0.013%$166K$442K5xas long as short
Kraken Futures PF_ICPUSD+0.0148%1h2.9776+0.029%$495K$510K50xas long as short
BloFin ICP-USDT+0.0220%8h2.9770+0.010%$1.2M$2.2M75xas long as short
Coinbase International ICP-PERP-INTX+0.0232%1h2.9790+0.077%$62K$88K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0432% / S −0.0367%1h2.9767−0.002%$31K100xas long as short
Hyperliquid ICP+0.0954%1h2.9814+0.158%$4.8M$4.9M5xas long as short