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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: dYdX against Pacifica−0.025%7-day average · you buy dearer than you sell
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 7 days−0.212%−$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.025% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.95020.0100pay 0.0013% / 1h18m 28s$133K$9K5x
ShortdYdX ICP-USD2.94940get 0.0000% / 1h18m 28s$69K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21
Price spread: −0.025% → 0.000%
−$2.47
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$41.47
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 19 min ago; dYdX: no order-book sample. 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, 19 min ago18.82 bp26.6 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0253%8h2.9490−0.040%$1.8M$686K50xas long as short
Kraken Futures PF_ICPUSD−0.0211%1h2.9531+0.099%$522K$661K50xas long as short
Variational Omni ICP−0.0155%8h2.9360−0.481%$1.0M$135Kas long as short
dYdX ICP-USDshort0.0000%1h2.9494−0.025%$69K$3K5x
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9498−0.013%$192$43950xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0004%1h2.9493−0.030%$6K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.554%$202$200K12xas long as short
Bybit ICPUSDT+0.0057%8h2.9470−0.107%$17.0M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9504+0.008%$138K$489K5xas long as short
Hyperliquid ICP+0.0100%1h2.9530+0.096%$4.5M$4.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9505+0.011%$272K$1.0M20xas long as short
Pacifica ICPlong+0.0100%1h2.9502long leg$133K$9K5x
Binance ICPUSDT+0.0100%8h2.9494−0.027%$28.8M$47.8M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9480−0.074%$5.7M$14.2M50xas long as short
Gate ICP_USDT+0.0100%8h2.9490−0.040%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9500−0.006%$19.1M$9.9M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9500−0.006%$4.9M$11.6M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9500−0.006%$7.0M$4.5M50xas long as short
BingX ICP-USDT+0.0100%8h2.9490−0.040%$5.6Mas long as short
edgeX ICPUSDC+0.0100%4h2.9384−0.398%$23K$279K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h2.9387−0.389%$566K$568K10xas long as short
SunX ICP-USDT+0.0100%8h2.9490−0.040%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9450−0.175%$103K$113K20xas long as short
Extended ICP-USD+0.0104%1h2.9500−0.006%$22K$233K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9520+0.062%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0376%1h2.9750+0.842%$58K$69K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0456% / S −0.0403%1h2.9498−0.012%$33K100xas long as short