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

ICP

all ICP markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Pacifica−0.257%52s7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.694% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+1.242%+$124 · spread now −0.257%, 7d avg −0.095%
Together, before fees+1.242%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$124 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: edgeX is 0.162% cheaper against Pacifica than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.095%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica ICP3.01890.0100pay 0.0013% / 1h22m 14s$137K$11K5x
ShortedgeX ICPUSDC3.01110.0100get 0.0050% / 4h2h 22m$23K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.257% → −0.095%
−$16.2
Slippage, 4 orders
−$52.42
Fee Pacifica: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$85.62
Costs to cover
0.694%
Break-even
never at this rate
Slippage from Pacifica: live order book, 45 min ago; edgeX: live order book, 45 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, 45 min ago11.46 bp22.7 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 45 min ago9.83 bp14.8 bp −$1530.4 bp −$304doesn't fitdoesn't fit

ICP on 26 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
Deribit ICP_USDC-PERPETUAL−0.0147%1h3.0178−0.035%$269$46450xas long as short
dYdX ICP-USD0.0000%1h3.0187−0.004%$70K$4K5xas long as short
Variational Omni ICP+0.0002%8h3.0160−0.095%$1.1M$118Kas long as short
gTrade (Gains Network) ICP/USDL +0.0006% / S −0.0011%1h3.0182−0.021%$23K150xas long as short
Injective ICP/USDC PERP+0.0033%1h2.9665−1.734%$202$200K12xas long as short
Phemex ICPUSDT+0.0092%8h3.0110−0.260%$1.8M$793K50xas long as short
Lighter ICP+0.0096%1h3.0202+0.044%$165K$491K5xas long as short
Aster ICPUSDT+0.0100%8h3.0181−0.025%$281K$1.7M20xas long as short
Pacifica ICPlong+0.0100%1h3.0189long leg$137K$11K5x
Binance ICPUSDT+0.0100%8h3.0173−0.051%$29.8M$53.9M75xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ICPUSDT+0.0100%8h3.0170−0.062%$17.7M$19.0M75xas long as short
OKX ICP-USDT-SWAP+0.0100%8h3.0150−0.128%$5.9M$17.2M50xas long as short
Gate ICP_USDT+0.0100%8h3.0160−0.095%$1.9M$3.1M50xas long as short
MEXC ICP_USDT+0.0100%8h3.0180−0.028%$19.5M$10.1M50xas long as short
KuCoin ICPUSDTM+0.0100%8h3.0160−0.095%$5.0M$13.4M50xas long as short
Bitget ICPUSDT+0.0100%8h3.0190+0.005%$7.1M$4.9M50xas long as short
BingX ICP-USDT+0.0100%8h3.0160−0.095%$6.0Mas long as short
edgeX ICPUSDCshort+0.0100%4h3.0111−0.257%$23K$278K10x
GRVT ICP_USDT_Perp+0.0100%8h3.0171−0.057%$585K$491K10xas long as short
SunX ICP-USDT+0.0100%8h3.0160−0.095%$2K$1.8M20xas long as short
HTX ICP-USDT+0.0100%8h3.0140−0.161%$105K$239K20xas long as short
Extended ICP-USD+0.0104%1h3.0165−0.079%$22K$131K10xas long as short
Hyperliquid ICP+0.0240%1h3.0214+0.084%$4.7M$5.0M5xas long as short
Coinbase International ICP-PERP-INTX+0.0256%1h3.0180−0.028%$65K$71K50xas long as short
GMX ICP/USD [WBTC.b-USDC]L +0.0510% / S −0.0480%1h3.0174−0.047%$38K100xas long as short
Kraken Futures PF_ICPUSD+0.0889%1h3.0214+0.086%$548K$611K50xas long as short