Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: Gate against Pacifica−0.095%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.095%, 7d avg −0.067%
=Together, before fees−0.293%+ Points / potential airdropPacifica: Active · farm board−$29 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: Gate is 0.028% 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 −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9638 | 0.0100 | pay 0.0013% / 1h | 57m 19s | $134K | $10K | 5x |
| Short | Gate ICP_USDT | 2.9610 | 0.0100 | get 0.0100% / 8h | 3h 57m | $1.9M | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.095% → −0.067%
- −$2.79
- Slippage, 4 orders
- −$82.96
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$108.75
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 60 min ago; Gate: live order book, 1 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, 60 min ago | 22.12 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.37 bp | 20.6 bp −$21 | 63.4 bp −$634 | 157.6 bp −$15.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ICP_USDC-PERPETUAL | −0.0358% | 1h | 2.9601 | −0.125% | $264 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0066% | 8h | 2.9590 | −0.162% | $1.8M | $791K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0058% | 1h | 2.9641 | +0.010% | $532K | $611K | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9654 | +0.054% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9622 | −0.055% | $22K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | +0.091% | $202 | $200K | 12x | as long as short |
| Variational Omni ICP | +0.0084% | 8h | 2.9700 | +0.208% | $1.1M | $116K | — | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9668 | +0.101% | $157K | $473K | 5x | as long as short |
| Hyperliquid ICP | +0.0100% | 1h | 2.9646 | +0.026% | $4.6M | $4.9M | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9649 | +0.036% | $264K | $1.6M | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICPlong | +0.0100% | 1h | 2.9638 | long leg | $134K | $10K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 2.9605 | −0.110% | $29.1M | $50.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9590 | −0.162% | $17.1M | $18.0M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9600 | −0.129% | $5.7M | $15.8M | 50x | as long as short |
| Gate ICP_USDTshort | +0.0100% | 8h | 2.9610 | −0.095% | $1.9M | $2.8M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9610 | −0.095% | $19.7M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9640 | +0.006% | $4.9M | $12.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9600 | −0.129% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9620 | −0.061% | — | $5.8M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9632 | −0.019% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9625 | −0.044% | $567K | $470K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.162% | $1K | $1.6M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9590 | −0.162% | $104K | $117K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9587 | −0.171% | $23K | $126K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9710 | +0.243% | $1.3M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0352% | 1h | 2.9750 | +0.378% | $67K | $61K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0434% / S −0.0367% | 1h | 2.9621 | −0.056% | $31K | — | 100x | as long as short |
Pacifica ICP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Variational Omni ICP
Lighter ICP
Hyperliquid ICP
Aster ICPUSDT
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]