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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0234%/8h= −25.6% APRpaid last 24h −0.070%
Price spread now: Variational Omni against Pacifica+0.104%7-day average −0.118% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.172%−$17 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now +0.104%, 7d avg −0.118%
Together, before fees−0.188%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.222% dearer against Pacifica than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of −0.118%): +$22 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP3.02800.0100pay 0.0013% / 1h34m 23s$137K$11K5x
ShortVariational Omni ICP3.0312−0.0134pay 0.0134% / 8h34m 23s$1.1M$107K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$49.04
Price spread: +0.104% → −0.118%
$22.24
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$34.79
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Pacifica: live order book, 43 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

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, 43 min ago13.16 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 5 min ago4.37 bpdoesn't fit22.8 bp −$228doesn'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−0.1525%8h3.0340+0.199%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0477%1h3.0241−0.128%$270$46450xas long as short
Variational Omni ICPshort−0.0134%8h3.0312+0.104%$1.1M$107K
Gate ICP_USDT−0.0022%8h3.0230−0.165%$2.0M$2.9M50xas long as short
dYdX ICP-USD0.0000%1h3.0275−0.016%$70K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0256−0.080%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.031%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0301+0.070%$158K$452K5xas long as short
Aster ICPUSDT+0.0100%8h3.0250−0.099%$196K$1.4M20xas long as short
Pacifica ICPlong+0.0100%1h3.0280long leg$137K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0250−0.099%$29.9M$51.5M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0230−0.165%$18.0M$18.4M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0230−0.165%$6.1M$16.8M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0220−0.198%$19.3M$9.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0210−0.231%$5.1M$13.2M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0250−0.099%$6.9M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h3.0230−0.165%$5.2Mas long as short
edgeX ICPUSDC+0.0100%4h3.0329+0.163%$23K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0315+0.117%$579K$444K10xas long as short
SunX ICP-USDT+0.0100%8h3.0240−0.132%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0330+0.165%$108K$222K20xas long as short
Extended ICP-USD+0.0104%1h3.0246−0.111%$25K$118K10xas long as short
Kraken Futures PF_ICPUSD+0.0171%1h3.0354+0.244%$539K$581K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0340+0.199%$1.3M$2.3M75xas long as short
Hyperliquid ICP+0.0238%1h3.0278−0.006%$4.8M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0540+0.859%$64K$89K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0508% / S −0.0480%1h3.0261−0.063%$38K100xas long as short