Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.019%
Price spread now: BloFin against Pacifica−0.098%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$910.906% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.098%, 7d avg −0.049%
=Together, before fees+0.175%+ Points / potential airdropPacifica: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.049% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.049%). If the spread goes back, that is −$5 on $10k: about 33 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9659 | 0.0100 | pay 0.0013% / 1h | 22m 18s | $134K | $10K | 5x |
| Short | BloFin ICP-USDT | 2.9630 | 0.0220 | get 0.0220% / 8h | 4h 22m | $1.2M | $2.2M | 75x |
Pacifica ICP
BloFin ICP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.098% → −0.049%
- −$4.9
- Slippage, 4 orders
- −$70.63
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.33
- Costs to cover
- 0.906%
- Break-even
- 26.5 days
Slippage from Pacifica: live order book, 35 min ago; BloFin: live order book, 11 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 Pacifica live order book, 35 min ago | 22.12 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 11 min ago | 1.68 bp | 14.1 bp −$14 | 27.8 bp −$278 | 107.3 bp −$10.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ICP-USD | 0.0000% | 1h | 2.9665 | +0.020% | $69K | $3K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 2.9659 | 0.000% | $264 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9663 | +0.012% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.020% | $202 | $200K | 12x | as long as short |
| Phemex ICPUSDT | +0.0060% | 8h | 2.9620 | −0.131% | $1.8M | $792K | 50x | as long as short |
| Variational Omni ICP | +0.0094% | 8h | 2.9615 | −0.150% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9668 | +0.030% | $157K | $487K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9674 | +0.052% | $270K | $1.6M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9659 | long leg | $134K | $10K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 2.9657 | −0.008% | $29.1M | $50.7M | 75x | as long as short |
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Phemex ICPUSDT
Variational Omni ICP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ICPUSDT | +0.0100% | 8h | 2.9630 | −0.098% | $17.1M | $18.3M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9630 | −0.098% | $5.7M | $16.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9650 | −0.030% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9660 | +0.003% | $19.9M | $10.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9660 | +0.003% | $4.8M | $12.7M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9680 | +0.071% | $7.0M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | +0.003% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9656 | −0.011% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9665 | +0.019% | $565K | $467K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9680 | +0.071% | $2K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.233% | $104K | $150K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9657 | −0.006% | $23K | $130K | 10x | as long as short |
| Hyperliquid ICP | +0.0174% | 1h | 2.9700 | +0.138% | $4.6M | $4.9M | 5x | as long as short |
| BloFin ICP-USDTshort | +0.0220% | 8h | 2.9630 | −0.098% | $1.2M | $2.2M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9820 | +0.543% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0535% / S −0.0528% | 1h | 2.9659 | −0.002% | $39K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0569% | 1h | 2.9675 | +0.055% | $521K | $601K | 50x | 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
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD