Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.031%
Price spread now: Bybit against Pacifica−0.062%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.062%, 7d avg −0.075%
=Together, before fees−0.158%+ Points / potential airdropPacifica: Active · farm board−$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9548 | 0.0100 | pay 0.0013% / 1h | 52m 01s | $133K | $9K | 5x |
| Short | Bybit ICPUSDT | 2.9530 | 0.0100 | get 0.0100% / 8h | 7h 52m | $17.1M | $17.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. 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
- $0
- Price spread: −0.062% → −0.075%
- $1.3
- Slippage, 4 orders
- −$55.06
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$72.76
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 46 min ago; Bybit: live order book, 1 min ago.
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 Pacifica live order book, 46 min ago | 18.82 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.38 bp | 10.7 bp −$11 | 25.9 bp −$259 | 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 | −0.0339% | 1h | 2.9584 | +0.123% | $524K | $654K | 50x | as long as short |
| Variational Omni ICP | −0.0149% | 8h | 2.9500 | −0.163% | $1.0M | $135K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0021% | 1h | 2.9543 | −0.018% | $192 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9560 | +0.039% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9531 | −0.059% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.395% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9551 | +0.009% | $138K | $485K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9576 | +0.094% | $4.5M | $4.6M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9564 | +0.054% | $277K | $1.0M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9548 | long leg | $133K | $9K | 5x |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9550 | +0.007% | $28.8M | $47.8M | 75x | as long as short |
| Bybit ICPUSDTshort | +0.0100% | 8h | 2.9530 | −0.062% | $17.1M | $17.8M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9540 | −0.028% | $5.7M | $14.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9550 | +0.006% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9550 | +0.006% | $19.4M | $9.7M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9550 | +0.006% | $4.9M | $11.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9560 | +0.040% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9550 | +0.006% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9484 | −0.219% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9480 | −0.231% | $572K | $590K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9550 | +0.006% | $1K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9480 | −0.231% | $103K | $114K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9530 | −0.062% | $1.8M | $686K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9549 | +0.002% | $26K | $235K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9570 | +0.074% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9750 | +0.683% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0492% / S −0.0459% | 1h | 2.9549 | +0.004% | $36K | — | 100x | as long as short |
Pacifica ICP
Bybit ICPUSDT
Kraken Futures PF_ICPUSD
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Binance 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
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]