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

ICP

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Pacifica−0.211%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.032%−$3 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.211%, 7d avg −0.058%
Together, before fees+0.028%+ Points / potential airdropPacifica: Active · farm board+$3 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: BingX is 0.152% cheaper against Pacifica than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP3.05740.0100pay 0.0013% / 1h49m 03s$139K$11K5x
ShortBingX ICP-USDT3.05100.0100get 0.0100% / 8h49m 03s$4.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.211% → −0.058%
−$15.22
Slippage, 4 orders
−$42.4
Fee Pacifica: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$75.62
Costs to cover
0.604%
Break-even
never at this rate
Slippage from Pacifica: live order book, 28 min ago; BingX: live order book, 11 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, 28 min ago13.16 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 11 min ago1.66 bp9.1 bp −$912.9 bp −$12941.8 bp −$4,180450.5 bp −$225.2K

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−0.1611%8h3.0390−0.603%$1.8M$766K50xas long as short
Deribit ICP_USDC-PERPETUAL−0.0306%1h3.0539−0.116%$272$46450xas long as short
Variational Omni ICP−0.0150%8h3.0556−0.059%$1.1M$107Kas long as short
Gate ICP_USDT−0.0032%8h3.0500−0.243%$2.0M$2.8M50xas long as short
dYdX ICP-USD0.0000%1h3.0561−0.045%$71K$4K5xas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0010%1h3.0580+0.018%$27K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−2.974%$202$200K12xas long as short
Lighter ICP+0.0096%1h3.0549−0.083%$161K$450K5xas long as short
Aster ICPUSDT+0.0100%8h3.0556−0.059%$218K$1.4M20xas long as short
Pacifica ICPlong+0.0100%1h3.0574long leg$139K$11K5x
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICPUSDT+0.0100%8h3.0506−0.223%$30.2M$51.0M75xas long as short
Bybit ICPUSDT+0.0100%8h3.0500−0.243%$17.8M$18.1M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0520−0.178%$6.2M$16.7M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0520−0.178%$19.4M$9.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0520−0.178%$5.2M$13.1M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0520−0.178%$7.0M$4.6M50xas long as short
BingX ICP-USDTshort+0.0100%8h3.0510−0.211%$4.9M
edgeX ICPUSDC+0.0100%4h3.0535−0.128%$24K$278K10xas long as short
GRVT ICP_USDT_Perp+0.0100%8h3.0587+0.041%$586K$435K10xas long as short
SunX ICP-USDT+0.0100%8h3.0510−0.211%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0530−0.145%$108K$220K20xas long as short
Extended ICP-USD+0.0104%1h3.0542−0.106%$26K$118K10xas long as short
Hyperliquid ICP+0.0156%1h3.0573−0.004%$4.8M$5.0M5xas long as short
Kraken Futures PF_ICPUSD+0.0170%1h3.0541−0.108%$496K$532K50xas long as short
BloFin ICP-USDT+0.0220%8h3.0520−0.178%$1.2M$2.3M75xas long as short
Coinbase International ICP-PERP-INTX+0.0240%1h3.0620+0.149%$64K$90K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0549% / S −0.0540%1h3.0579+0.016%$41K100xas long as short