Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Pacifica against Binance+0.081%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.081%, 7d avg +0.045%
=Together, before fees+0.092%+ Points / potential airdropPacifica: Active · farm board+$9 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: Pacifica is 0.036% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ICPUSDT | 2.9210 | 0.0100 | pay 0.0100% / 8h | 3h 02m | $28.6M | $48.4M | 75x |
| Short | Pacifica ICP | 2.9234 | 0.0100 | get 0.0013% / 1h | 2m 18s | $132K | $10K | 5x |
Binance ICPUSDT
Pacifica ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Binance. 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: +0.081% → +0.045%
- $3.62
- Slippage, 4 orders
- −$45.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$59.47
- Costs to cover
- 0.631%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Pacifica: live order book, 50 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 Binance live order book, 10 min ago | 1.70 bp | 9.2 bp −$9 | 21.7 bp −$217 | 267.1 bp −$26.7K | doesn't fit |
| Sell Pacifica live order book, 50 min ago | 12.81 bp | 19.1 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0332% | 1h | 2.9205 | −0.017% | $190 | $439 | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0059% | 1h | 2.9220 | +0.034% | $487K | $633K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9245 | +0.120% | $68K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9223 | +0.046% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +1.558% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0072% | 8h | 2.9310 | +0.342% | $1.0M | $134K | — | as long as short |
| Phemex ICPUSDT | +0.0092% | 8h | 2.9300 | +0.308% | $1.7M | $783K | 50x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9215 | +0.017% | $141K | $491K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9246 | +0.123% | $4.5M | $4.8M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9231 | +0.071% | $262K | $1.5M | 20x | as long as short |
Deribit ICP_USDC-PERPETUAL
Kraken Futures PF_ICPUSD
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 ICPshort | +0.0100% | 1h | 2.9234 | +0.081% | $132K | $10K | 5x | |
| Binance ICPUSDTlong | +0.0100% | 8h | 2.9210 | long leg | $28.6M | $48.4M | 75x | |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9190 | −0.068% | $16.9M | $17.6M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9210 | 0.000% | $5.6M | $14.8M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9200 | −0.034% | $1.8M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9210 | 0.000% | $18.0M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9210 | 0.000% | $4.8M | $12.2M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9230 | +0.068% | $6.9M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9220 | +0.034% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9283 | +0.251% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9263 | +0.181% | $562K | $492K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9200 | −0.034% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9190 | −0.068% | $102K | $116K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9202 | −0.028% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9260 | +0.171% | $1.2M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9530 | +1.096% | $57K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0431% / S −0.0367% | 1h | 2.9216 | +0.021% | $30K | — | 100x | as long as short |
Bybit 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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]