Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: MEXC against Pacifica−0.025%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now −0.025%, 7d avg −0.049%
=Together, before fees−0.159%+ Points / potential airdropPacifica: Active · farm board−$16 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: MEXC is 0.024% dearer against Pacifica than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 3.0068 | 0.0100 | pay 0.0013% / 1h | 46m 36s | $136K | $11K | 5x |
| Short | MEXC ICP_USDT | 3.0060 | 0.0100 | get 0.0100% / 8h | 6h 46m | $19.1M | $9.9M | 50x |
Pacifica ICP
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.025% → −0.049%
- $2.39
- Slippage, 4 orders
- −$40.25
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$45.86
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 21 min ago; MEXC: live order book, 7 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, 21 min ago | 11.46 bp | 22.7 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 7 min ago | 1.66 bp | 3.9 bp −$4 | 9.7 bp −$97 | 85.3 bp −$8,525 | 140.7 bp −$70.3K |
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 | −0.0183% | 1h | 3.0029 | −0.128% | $268 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0025% | 8h | 3.0040 | −0.091% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0047 | −0.069% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0062 | −0.017% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.339% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0087 | +0.065% | $165K | $489K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0073 | +0.017% | $300K | $1.7M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 3.0068 | long leg | $136K | $11K | 5x | |
| Binance ICPUSDT | +0.0100% | 8h | 3.0060 | −0.025% | $29.9M | $54.0M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0050 | −0.059% | $17.8M | $19.0M | 75x | as long as short |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0030 | −0.125% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0060 | −0.025% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 3.0060 | −0.025% | $19.1M | $9.9M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0040 | −0.092% | $5.0M | $13.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0070 | +0.008% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0050 | −0.059% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0132 | +0.213% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0126 | +0.195% | $572K | $477K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0030 | −0.125% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0010 | −0.192% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0130 | +0.208% | $1.8M | $787K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0057 | −0.035% | $22K | $131K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0060 | −0.025% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0080 | +0.041% | $65K | $74K | 50x | as long as short |
| Hyperliquid ICP | +0.0442% | 1h | 3.0093 | +0.084% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0058 | −0.032% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0070 | +0.008% | $544K | $617K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD