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 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against edgeX+0.018%52s7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.779% 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 4 days (all we have)−1.004%−$100 · spread now +0.018%, 7d avg +0.088%
Together, before fees−1.004%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$100 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 0.070% cheaper against edgeX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.088%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ICPUSDC2.94220.0100pay 0.0050% / 4h22m 22s$23K$278K10x
ShortPacifica ICP2.94270.0100get 0.0013% / 1h22m 22s$133K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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: +0.018% → +0.088%
−$6.97
Slippage, 4 orders
−$60.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$84.91
Costs to cover
0.779%
Break-even
never at this rate
Slippage from edgeX: live order book, 15 min ago; Pacifica: live order book, 15 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 edgeX live order book, 15 min ago8.48 bp13.0 bp −$1327.6 bp −$276doesn't fitdoesn't fit
Sell Pacifica live order book, 15 min ago18.82 bp25.4 bp −$25doesn'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−0.0260%8h2.9440+0.062%$1.7M$685K50xas long as short
Kraken Futures PF_ICPUSD−0.0212%1h2.9438+0.055%$521K$662K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0158%1h2.9392−0.101%$191$43950xas long as short
Variational Omni ICP−0.0147%8h2.9400−0.076%$1.0M$135Kas long as short
dYdX ICP-USD0.0000%1h2.9434+0.042%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9412−0.032%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.826%$202$200K12xas long as short
Bybit ICPUSDT+0.0055%8h2.9380−0.142%$17.0M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9439+0.058%$137K$489K5xas long as short
Hyperliquid ICP+0.0100%1h2.9426+0.014%$4.5M$4.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9399−0.077%$271K$1.0M20xas long as short
Pacifica ICPshort+0.0100%1h2.9427+0.018%$133K$9K5x
Binance ICPUSDT+0.0100%8h2.9397−0.085%$28.7M$47.9M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9390−0.108%$5.7M$14.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9390−0.108%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9400−0.074%$19.1M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9420−0.006%$4.9M$11.6M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9410−0.040%$7.0M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9390−0.108%$5.6Mas long as short
edgeX ICPUSDClong+0.0100%4h2.9422long leg$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9410−0.040%$567K$568K10xas long as short
SunX ICP-USDT+0.0100%8h2.9390−0.108%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9420−0.006%$103K$113K20xas long as short
Extended ICP-USD+0.0104%1h2.9385−0.126%$22K$233K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9400−0.074%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0376%1h2.9750+1.115%$58K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0456% / S −0.0403%1h2.9409−0.043%$32K100xas long as short