Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%
Price spread now: Pacifica against Bybit−0.015%48s7-day average +0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$660.660% of the position
Funding, last 7 days+0.121%+$12 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.015%, 7d avg +0.076%
=Together, before fees+0.251%+ Points / potential airdropPacifica: Active · farm board+$25 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 0.091% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.076%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 2.9450 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $17.3M | $17.0M | 75x |
| Short | Pacifica ICP | 2.9446 | 0.0100 | get 0.0013% / 1h | 9m 54s | $133K | $9K | 5x |
Bybit ICPUSDT
Pacifica ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bybit. 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: −0.015% → +0.076%
- −$9.07
- Slippage, 4 orders
- −$46.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$75.02
- Costs to cover
- 0.660%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Pacifica: live order book, 31 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 Bybit live order book, 2 min ago | 1.70 bp | 10.9 bp −$11 | 27.7 bp −$277 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 31 min ago | 9.86 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
ICP on 27 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.0272% | 8h | 2.9420 | −0.102% | $1.7M | $704K | 50x | as long as short |
| Variational Omni ICP | −0.0094% | 8h | 2.9417 | −0.112% | $1.1M | $193K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9426 | −0.081% | $68K | $2K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9432 | −0.061% | $191 | $439 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0004% | 1h | 2.9430 | −0.068% | $6K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.730% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9453 | +0.010% | $134K | $454K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9460 | +0.034% | $247K | $894K | 20x | as long as short |
| Pacifica ICPshort | +0.0100% | 1h | 2.9446 | −0.015% | $133K | $9K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 2.9465 | +0.051% | $28.3M | $47.2M | 75x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDTShow all 27 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDTlong | +0.0100% | 8h | 2.9450 | long leg | $17.3M | $17.0M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9450 | 0.000% | $5.8M | $12.7M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9450 | 0.000% | $1.9M | $2.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9460 | +0.034% | $18.3M | $9.4M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9460 | +0.034% | $4.9M | $10.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9470 | +0.068% | $7.0M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9460 | +0.034% | — | $5.6M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9419 | −0.104% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9431 | −0.064% | $566K | $676K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9430 | −0.068% | $1K | $1.3M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9410 | −0.136% | $103K | $128K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9453 | +0.012% | $23K | $241K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0142% | 1h | 2.9461 | +0.039% | $509K | $595K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9420 | −0.102% | $1.2M | $1.9M | 75x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0425% / S −0.0357% | 1h | 2.9431 | −0.065% | $30K | — | 100x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0440% | 1h | 2.9580 | +0.441% | $58K | $63K | 50x | as long as short |
| Hyperliquid ICP | +0.0465% | 1h | 2.9488 | +0.129% | $4.6M | $4.2M | 5x | as long as short |
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
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
GMX ICP/USD [WBTC.b-USDC]
Coinbase International ICP-PERP-INTX
Hyperliquid ICP