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

ICP

all ICP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: OKX against Pacifica−0.074%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.757% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.074%, 7d avg −0.072%
Together, before fees−0.149%+ Points / potential airdropPacifica: Active · farm board−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP2.95020.0100pay 0.0013% / 1h18m 06s$133K$9K5x
ShortOKX ICP-USDT-SWAP2.94800.0100get 0.0100% / 8h18m 06s$5.7M$14.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.074% → −0.072%
−$0.14
Slippage, 4 orders
−$57.71
Fee Pacifica: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$75.85
Costs to cover
0.757%
Break-even
never at this rate
Slippage from Pacifica: live order book, 19 min ago; OKX: live order book, just now.

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 OKX live order book, just now1.70 bp11.7 bp −$1242.1 bp −$421doesn'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−0.0253%8h2.9490−0.040%$1.8M$686K50xas long as short
Kraken Futures PF_ICPUSD−0.0211%1h2.9528+0.088%$522K$661K50xas long as short
Variational Omni ICP−0.0155%8h2.9360−0.481%$1.0M$135Kas long as short
dYdX ICP-USD0.0000%1h2.9494−0.025%$69K$3K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h2.9497−0.016%$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%8h2.9480−0.074%$17.0M$17.9M75xas long as short
Lighter ICP+0.0096%1h2.9492−0.033%$138K$489K5xas long as short
Hyperliquid ICP+0.0100%1h2.9522+0.069%$4.5M$4.6M5xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ICPUSDT+0.0100%8h2.9500−0.007%$272K$1.0M20xas long as short
Pacifica ICPlong+0.0100%1h2.9502long leg$133K$9K5x
Binance ICPUSDT+0.0100%8h2.9490−0.040%$28.8M$47.8M75xas long as short
OKX ICP-USDT-SWAPshort+0.0100%8h2.9480−0.074%$5.7M$14.2M50x
Gate ICP_USDT+0.0100%8h2.9480−0.074%$1.9M$2.9M50xas long as short
MEXC ICP_USDT+0.0100%8h2.9490−0.040%$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%8h2.9490−0.040%$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%8h2.9500−0.006%$2K$1.5M20xas long as short
HTX ICP-USDT+0.0100%8h2.9410−0.311%$103K$113K20xas long as short
Extended ICP-USD+0.0104%1h2.9483−0.063%$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%1h2.9497−0.017%$33K100xas long as short