Over vs Iceberg
Iceberg prices only its $25,000 account on its own site, so this page compares $25,000 accounts.
How each one works
Iceberg sells instant funded accounts priced on Hyperliquid. No evaluation, no profit target. You trade for up to 90 days.[1] Over is an instant-funded perpetual prop firm for stock and crypto perps, with one target. Hit it and you're paid in full.
Where Over is ahead
What you pay, and what it takes to get paid
Iceberg charges $767 once for $25,000. It's instant funded too, with no target. Payouts start after 5 days, come every 5 days, and each one is 1% to 5% of the account.[1] Over charges $357 once for $25,000, less than half. It's instant funded, with no evaluation. You make 8% ($2,000) in realised profit within 120 hours, across at least 5 sectors, and the whole payout comes at once, in USDC within 24 hours of approval.[3][2] No 5-day wait between payouts, no 5% cap on each one.
How you fail
Iceberg has a 3% daily loss limit and a 6% maximum loss.[1] Over's floor is static, 5% below your $25,000 start, at $23,750, and its daily limit is also 3%, $750, from each day's opening balance.[3] Iceberg's 6% line gives more room overall.
Two example 120-hour runs on a $25,000 account. White is the balance, the iridescent line is Over's floor, and red is Iceberg's limits. On a calm run Over's floor sits higher, because it starts 5% below you. On a winning run with one bad day, a daily limit can end the run while you're still up. Over's floor stops at your start, so it can't. Iceberg's pages don't say which balance the 3% daily limit is measured from, so the chart draws it 3% below each day's starting balance.
How you get paid
At a glance
| Over | Iceberg | |
|---|---|---|
| Fee | $357, one time | $767, one time.[1] |
| Model | Instant funding. No evaluation | Instant funding. No evaluation, no target.[1] |
| Markets | Stock and crypto perps | Priced from Hyperliquid.[1] |
| Max loss | 5%, static: floor at $23,750 | 6%.[1] |
| Daily loss limit | 3% of the account, $750, from the day's opening balance. Resets at 00:00 UTC | 3%.[1] |
| Split | 80%, or 90% with the upgrade | 80%.[1] |
| Payouts | When you pass. Paid within 24 hours of approval | First after 5 days, then every 5 days. Each request is 1% to 5% of the account.[1] |
| Paid in | USDC on Solana | USDC from an onchain payout pool.[1] |
| Account cap | One mission at a time, up to $50,000 | Up to $50,000 across your accounts.[1] |
Which one fits you
Want to trade from day one and take small payouts as you go? Iceberg. Want a lower fee at $25,000 and one payout for passing? Over.
Sources
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