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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Binance against Pacifica−0.072%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$680.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.072%, 7d avg −0.047%
Together, before fees−0.065%+ Points / potential airdropPacifica: Active · farm board−$7 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: Binance is 0.025% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP3.06300.0100pay 0.0013% / 1h9m 15s$139K$11K5x
ShortBinance ICPUSDT3.06080.0100get 0.0100% / 8h7h 09m$30.7M$52.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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: −0.072% → −0.047%
−$2.53
Slippage, 4 orders
−$50.03
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$70.56
Costs to cover
0.680%
Break-even
never at this rate
Slippage from Pacifica: live order book, 63 min ago; Binance: live order book, 3 min ago.

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, 63 min ago15.59 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago1.63 bp13.0 bp −$1328.2 bp −$282179.7 bp −$18.0Kdoesn'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
Kraken Futures PF_ICPUSD−0.0121%1h3.0662+0.105%$558K$600K50xas long as short
Variational Omni ICP−0.0052%8h3.0570−0.196%$1.1M$113Kas long as short
dYdX ICP-USD0.0000%1h3.0613−0.057%$71K$4K5xas long as short
Deribit ICP_USDC-PERPETUAL0.0000%1h3.0620−0.032%$273$46450xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0623−0.022%$23K150xas long as short
Phemex ICPUSDT+0.0027%8h3.0590−0.130%$1.8M$777K50xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−3.150%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0644+0.046%$171K$484K5xas long as short
Aster ICPUSDT+0.0100%8h3.0650+0.066%$338K$1.6M20xas long as short
Pacifica ICPlong+0.0100%1h3.0630long leg$139K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDTshort+0.0100%8h3.0608−0.072%$30.7M$52.7M75x
Bybit ICPUSDT+0.0100%8h3.0590−0.130%$18.1M$18.5M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0590−0.130%$6.2M$16.9M50xas long as short
Gate ICP_USDT+0.0100%8h3.0620−0.032%$2.0M$3.0M50xas long as short
MEXC ICP_USDT+0.0100%8h3.06300.000%$20.2M$9.7M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0620−0.032%$5.1M$13.3M50xas long as short
Bitget ICPUSDT+0.0100%8h3.06300.000%$7.2M$4.8M50xas long as short
BingX ICP-USDT+0.0100%8h3.0620−0.032%$5.8Mas long as short
edgeX ICPUSDC+0.0100%4h3.0599−0.102%$24K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0681+0.165%$582K$467K10xas long as short
SunX ICP-USDT+0.0100%8h3.0600−0.098%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0610−0.065%$107K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0623−0.023%$23K$129K10xas long as short
Hyperliquid ICP+0.0191%1h3.0672+0.137%$4.8M$4.9M5xas long as short
BloFin ICP-USDT+0.0220%8h3.0640+0.033%$1.3M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0280%1h3.0680+0.164%$63K$66K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0513% / S −0.0480%1h3.0625−0.014%$38K100xas long as short