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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against BingX+0.155%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$590.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.155%, 7d avg +0.058%
Together, before fees+0.061%+ 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: Pacifica is 0.097% dearer against BingX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ICP-USDT2.99300.0100pay 0.0100% / 8h1h 28m$4.9M
ShortPacifica ICP2.99760.0100get 0.0013% / 1h28m 20s$136K$11K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against BingX. 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: +0.155% → +0.058%
$9.73
Slippage, 4 orders
−$41.3
Fee BingX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$49.57
Costs to cover
0.593%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Pacifica: live order book, 54 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 BingX live order book, 7 min ago1.67 bp6.7 bp −$714.0 bp −$14072.8 bp −$7,282480.1 bp −$240.1K
Sell Pacifica live order book, 54 min ago10.21 bp21.5 bp −$22doesn'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−0.1364%8h2.9790−0.468%$1.7M$774K50xas long as short
Variational Omni ICP−0.0178%8h2.9901−0.096%$1.1M$107Kas long as short
Injective ICP/USDC PERP−0.0152%1h2.9665−0.885%$202$200K12xas long as short
Gate ICP_USDT−0.0083%8h2.9950+0.067%$1.9M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h2.9973+0.144%$70K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9969+0.130%$267$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h2.9945+0.049%$27K150xas long as short
Bybit ICPUSDT+0.0094%8h2.9920−0.033%$17.4M$17.9M75xas long as short
Lighter ICP+0.0096%1h3.0021+0.304%$166K$443K5xas long as short
Aster ICPUSDT+0.0100%8h2.9989+0.198%$201K$1.4M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICPshort+0.0100%1h2.9976+0.155%$136K$11K5x
Binance ICPUSDT+0.0100%8h2.9956+0.086%$29.8M$49.8M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9910−0.067%$5.9M$16.0M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9940+0.033%$19.0M$8.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9970+0.134%$5.1M$13.0M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9960+0.100%$6.9M$4.5M50xas long as short
BingX ICP-USDTlong+0.0100%8h2.9930long leg$4.9M
edgeX ICPUSDC+0.0100%4h2.9946+0.053%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9902−0.092%$572K$469K10xas long as short
SunX ICP-USDT+0.0100%8h2.9970+0.134%$2K$1.7M20xas long as short
HTX ICP-USDT+0.0100%8h2.9890−0.134%$106K$219K20xas long as short
Extended ICP-USD+0.0104%1h2.9948+0.062%$25K$124K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9910−0.067%$1.2M$2.3M75xas long as short
Kraken Futures PF_ICPUSD+0.0223%1h2.9984+0.182%$488K$525K50xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h2.9980+0.167%$63K$91K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0505% / S −0.0480%1h2.9938+0.027%$37K100xas long as short
Hyperliquid ICP+0.0669%1h3.0012+0.274%$4.8M$5.0M5xas long as short