Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Gate against Pacifica−0.040%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$900.899% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now −0.040%, 7d avg −0.066%
=Together, before fees−0.276%+ Points / potential airdropPacifica: Active · farm board−$28 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: Gate is 0.026% dearer against Pacifica than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9382 | 0.0100 | pay 0.0013% / 1h | 15m 37s | $133K | $10K | 5x |
| Short | Gate ICP_USDT | 2.9370 | 0.0100 | get 0.0100% / 8h | 2h 15m | $1.8M | $2.9M | 50x |
Pacifica ICP
Gate ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.040% → −0.066%
- $2.63
- Slippage, 4 orders
- −$66.89
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$87.26
- Costs to cover
- 0.899%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 32 min ago; Gate: live order book, 2 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, 32 min ago | 16.92 bp | 25.0 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.70 bp | 19.9 bp −$20 | 70.6 bp −$706 | 155.3 bp −$15.5K | 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 | −0.0068% | 1h | 2.9385 | +0.012% | $522K | $688K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0056% | 1h | 2.9359 | −0.077% | $191 | $439 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9364 | −0.060% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9363 | −0.064% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.964% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0057% | 8h | 2.9340 | −0.141% | $1.0M | $133K | — | as long as short |
| Phemex ICPUSDT | +0.0077% | 8h | 2.9310 | −0.244% | $1.7M | $668K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9390 | +0.028% | $141K | $494K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9426 | +0.151% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9391 | +0.032% | $263K | $1.3M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Phemex ICPUSDT
Lighter ICP
Hyperliquid ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICPlong | +0.0100% | 1h | 2.9382 | long leg | $133K | $10K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 2.9377 | −0.015% | $28.8M | $48.9M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9360 | −0.074% | $17.2M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9360 | −0.074% | $5.6M | $14.9M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9370 | −0.040% | $1.8M | $2.9M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9390 | +0.028% | $18.4M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9380 | −0.006% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9400 | +0.062% | $6.9M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9380 | −0.006% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9346 | −0.120% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9290 | −0.313% | $565K | $505K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9350 | −0.108% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9350 | −0.108% | $102K | $118K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9376 | −0.020% | $23K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9280 | −0.346% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0336% | 1h | 2.9380 | −0.006% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9363 | −0.064% | $30K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]