Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: OKX against Pacifica−0.129%49s7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.129%, 7d avg −0.075%
=Together, before fees−0.092%+ Points / potential airdropPacifica: Active · farm board−$9 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: OKX is 0.055% cheaper against Pacifica than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ICP | 2.9688 | 0.0100 | pay 0.0013% / 1h | 4m 49s | $134K | $9K | 5x |
| Short | OKX ICP-USDT-SWAP | 2.9650 | 0.0100 | get 0.0100% / 8h | 1h 04m | $5.8M | $15.1M | 50x |
Pacifica ICP
OKX ICP-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.129% → −0.075%
- −$5.48
- Slippage, 4 orders
- −$51.31
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.79
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 38 min ago; OKX: live order book, 3 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, 38 min ago | 14.10 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.68 bp | 6.8 bp −$7 | 20.1 bp −$201 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ICPUSD | −0.0312% | 1h | 2.9688 | −0.002% | $525K | $651K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0222% | 1h | 2.9652 | −0.123% | $193 | $439 | 50x | as long as short |
| Phemex ICPUSDT | −0.0194% | 8h | 2.9570 | −0.399% | $1.8M | $681K | 50x | as long as short |
| Variational Omni ICP | −0.0037% | 8h | 2.9670 | −0.063% | $1.1M | $133K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9714 | +0.087% | $69K | $3K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0002% | 1h | 2.9676 | −0.042% | $10K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.079% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9675 | −0.045% | $139K | $496K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9698 | +0.034% | $281K | $1.0M | 20x | as long as short |
| Pacifica ICPlong | +0.0100% | 1h | 2.9688 | long leg | $134K | $9K | 5x |
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Phemex ICPUSDT
Variational Omni ICP
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9670 | −0.062% | $29.1M | $48.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9630 | −0.197% | $17.3M | $17.8M | 75x | as long as short |
| OKX ICP-USDT-SWAPshort | +0.0100% | 8h | 2.9650 | −0.129% | $5.8M | $15.1M | 50x | |
| Gate ICP_USDT | +0.0100% | 8h | 2.9670 | −0.062% | $1.9M | $2.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9670 | −0.062% | $19.1M | $10.0M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9650 | −0.129% | $4.9M | $11.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9680 | −0.028% | $7.0M | $4.6M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9660 | −0.096% | — | $5.7M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9683 | −0.019% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9677 | −0.037% | $564K | $558K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9670 | −0.062% | $2K | $1.5M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9650 | −0.129% | $104K | $112K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9642 | −0.158% | $22K | $117K | 10x | as long as short |
| Hyperliquid ICP | +0.0120% | 1h | 2.9711 | +0.076% | $4.6M | $4.6M | 5x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9680 | −0.028% | $1.3M | $2.4M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0320% | 1h | 2.9750 | +0.207% | $58K | $69K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0457% / S −0.0403% | 1h | 2.9667 | −0.071% | $33K | — | 100x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
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
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]