Funding you earn now, next payment 09:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.243%
Price spread now: Phemex against Pacifica+0.150%7-day average −0.186% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.432%−$243 on $10k
+Price spread, last 4 days (all we have)−0.476%−$48 · spread now +0.150%, 7d avg −0.186%
=Together, before fees−2.908%+ Points / potential airdropPacifica: Active · farm board−$291 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Phemex is 0.337% dearer against Pacifica than usual: you sell high and buy low (spread +0.150% now, against its 7-day average of −0.186%): +$34 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 7 days (−2.432% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9416 | 0.0100 | pay 0.0013% / 1h | 33m 09s | $133K | $9K | 5x |
| Short | Phemex ICPUSDT | 2.9460 | 0.0052 | get 0.0052% / 8h | 7h 33m | $1.7M | $687K | 50x |
Pacifica ICP
Phemex ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$10.03
- Price spread: +0.150% → −0.186%
- $33.65
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $3.62
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 64 min ago; Phemex: live order book, 5 min ago. Net counts fees only.
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, 64 min ago | 18.82 bp | 26.6 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 11.84 bp | doesn't fit | doesn't fit | 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 | −0.0341% | 1h | 2.9466 | +0.170% | $522K | $655K | 50x | as long as short |
| Variational Omni ICP | −0.0157% | 8h | 2.9490 | +0.253% | $1.0M | $135K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9433 | +0.057% | $69K | $1K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9428 | +0.041% | $191 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9460 | +0.150% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.847% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDTshort | +0.0052% | 8h | 2.9460 | +0.150% | $1.7M | $687K | 50x | |
| Bybit ICPUSDT | +0.0057% | 8h | 2.9430 | +0.048% | $17.1M | $17.8M | 75x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9456 | +0.137% | $137K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9467 | +0.176% | $277K | $1.0M | 20x | as long as short |
Kraken Futures PF_ICPUSD
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Bybit ICPUSDT
Lighter 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 | 2.9416 | long leg | $133K | $9K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 2.9469 | +0.180% | $28.8M | $48.1M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9440 | +0.082% | $5.7M | $14.0M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9440 | +0.082% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | +0.150% | $19.4M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9430 | +0.048% | $4.9M | $11.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9460 | +0.150% | $7.0M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9450 | +0.116% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9498 | +0.281% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9480 | +0.218% | $560K | $589K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9420 | +0.014% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9400 | −0.054% | $103K | $115K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9422 | +0.020% | $22K | $233K | 10x | as long as short |
| Hyperliquid ICP | +0.0134% | 1h | 2.9513 | +0.330% | $4.5M | $4.6M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9430 | +0.048% | $1.2M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0416% | 1h | 2.9540 | +0.422% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0455% / S −0.0403% | 1h | 2.9419 | +0.010% | $32K | — | 100x | as long as short |
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
Extended ICP-USD
Hyperliquid ICP
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]