Funding you earn now, next payment 07:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h +0.084%
Price spread now: Pacifica against Variational Omni+0.140%52s7-day average +0.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.191%+$19 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.140%, 7d avg +0.112%
=Together, before fees+0.004%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.028% dearer against Variational Omni than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.112%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9630 | −0.0026 | get 0.0026% / 8h | 1h 07m | $1.1M | $133K | — |
| Short | Pacifica ICP | 2.9671 | 0.0100 | get 0.0013% / 1h | 7m 52s | $134K | $9K | 5x |
Variational Omni ICP
Pacifica ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Variational Omni. 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
- $26.39
- Price spread: +0.140% → +0.112%
- $2.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $21.16
- Costs to cover
- 0.080%
- Break-even
- 1.4 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Pacifica: live order book, 35 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 Variational Omni RFQ quote, 1 min ago | 4.40 bp | doesn't fit | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 35 min ago | 14.10 bp | 25.4 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0312% | 1h | 2.9713 | +0.281% | $526K | $651K | 50x | as long as short |
| Phemex ICPUSDT | −0.0183% | 8h | 2.9560 | −0.235% | $1.8M | $679K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0087% | 1h | 2.9693 | +0.214% | $193 | $439 | 50x | as long as short |
| Variational Omni ICPlong | −0.0026% | 8h | 2.9630 | long leg | $1.1M | $133K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9689 | +0.201% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9700 | +0.238% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.120% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9684 | +0.184% | $139K | $496K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9705 | +0.255% | $281K | $1.0M | 20x | as long as short |
| Pacifica ICPshort | +0.0100% | 1h | 2.9671 | +0.140% | $134K | $9K | 5x |
Kraken Futures PF_ICPUSD
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
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 | 2.9672 | +0.142% | $29.1M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9640 | +0.035% | $17.3M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9650 | +0.069% | $5.8M | $15.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9670 | +0.137% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9680 | +0.170% | $19.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9680 | +0.170% | $4.9M | $11.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9680 | +0.170% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9670 | +0.137% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9663 | +0.112% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9658 | +0.097% | $564K | $558K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9670 | +0.137% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9680 | +0.170% | $104K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9684 | +0.183% | $22K | $117K | 10x | as long as short |
| Hyperliquid ICP | +0.0118% | 1h | 2.9711 | +0.275% | $4.6M | $4.6M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9700 | +0.238% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9730 | +0.339% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0457% / S −0.0403% | 1h | 2.9699 | +0.236% | $33K | — | 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
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]