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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Pacifica+0.090%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$680.681% 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)+0.112%+$11 · spread now +0.090%, 7d avg −0.090%
Together, before fees+0.112%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$11 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: edgeX is 0.180% dearer against Pacifica than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.94590.0100pay 0.0013% / 1h27m 18s$133K$9K5x
ShortedgeX ICPUSDC2.94860.0100get 0.0050% / 4h3h 27m$23K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: +0.090% → −0.090%
$17.99
Slippage, 4 orders
−$51.09
Fee Pacifica: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$50.1
Costs to cover
0.681%
Break-even
never at this rate
Slippage from Pacifica: live order book, 25 min ago; edgeX: live order book, 25 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 Pacifica live order book, 25 min ago12.81 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 25 min ago8.43 bp12.9 bp −$1328.9 bp −$289doesn'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
Deribit ICP_USDC-PERPETUAL−0.0191%1h2.9444−0.052%$192$43950xas long as short
Kraken Futures PF_ICPUSD−0.0058%1h2.9477+0.061%$526K$597K50xas long as short
Phemex ICPUSDT−0.0010%8h2.9430−0.099%$1.7M$788K50xas long as short
dYdX ICP-USD0.0000%1h2.9460+0.002%$69K$3K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0002%1h2.9462+0.008%$10K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665+0.698%$202$200K12xas long as short
Variational Omni ICP+0.0081%8h2.9540+0.273%$1.0M$134Kas long as short
Lighter ICP+0.0096%1h2.9462+0.009%$143K$491K5xas long as short
Hyperliquid ICP+0.0100%1h2.9486+0.092%$4.5M$4.8M5xas long as short
Aster ICPUSDT+0.0100%8h2.9459−0.002%$260K$1.5M20xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica ICPlong+0.0100%1h2.9459long leg$133K$9K5x
Binance ICPUSDT+0.0100%8h2.9440−0.065%$28.8M$48.6M75xas long as short
Bybit ICPUSDT+0.0100%8h2.9450−0.032%$17.1M$17.3M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h2.9440−0.065%$5.7M$15.0M50xas long as short
Gate ICP_USDT+0.0100%8h2.9440−0.065%$1.9M$2.8M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9440−0.065%$18.8M$10.2M50xas long as short
KuCoin ICPUSDTM+0.0100%8h2.9450−0.032%$4.8M$12.3M50xas long as short
Bitget ICPUSDT+0.0100%8h2.9460+0.002%$7.0M$4.6M50xas long as short
BingX ICP-USDT+0.0100%8h2.9460+0.002%$5.7Mas long as short
edgeX ICPUSDCshort+0.0100%4h2.9486+0.090%$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h2.9464+0.017%$567K$475K10xas long as short
SunX ICP-USDT+0.0100%8h2.9440−0.065%$1K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9400−0.201%$103K$117K20xas long as short
Extended ICP-USD+0.0104%1h2.9436−0.081%$22K$132K10xas long as short
BloFin ICP-USDT+0.0220%8h2.9440−0.065%$1.2M$2.4M75xas long as short
Coinbase International ICP-PERP-INTX+0.0352%1h2.9550+0.308%$66K$60K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0433% / S −0.0367%1h2.9457−0.006%$31K100xas long as short