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

ICNT

all ICNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance−0.103%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1901.896% 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)−0.060%−$6 · spread now −0.103%, 7d avg −0.058%
Together, before fees−0.060%−$6 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: Bitget is 0.045% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICNTUSDT0.097100.0100pay 0.0050% / 4h2h 21m$1.5M$1.1M50x
ShortBitget ICNTUSDT0.097000.0100get 0.0050% / 4h2h 21m$702K$234K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.103% → −0.058%
−$4.52
Slippage, 4 orders
−$167.63
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$194.15
Costs to cover
1.896%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 26 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 Binance live order book, 4 min ago5.15 bp53.4 bp −$53513.6 bp −$5,13622556.1 bp −$2.26Mdoesn't fit
Sell Bitget live order book, 26 min ago10.30 bp40.9 bp −$41384.2 bp −$3,842doesn't fitdoesn't fit

ICNT on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin ICNT-USDT+0.0083%4h0.09700−0.103%$95K$1K50xas long as short
Binance ICNTUSDTlong+0.0100%4h0.09710long leg$1.5M$1.1M50x
Bybit ICNTUSDT+0.0100%4h0.09690−0.206%$1.3M$165K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09690−0.206%$106K$65K20xas long as short
MEXC ICNT_USDC+0.0100%4h0.097100.000%$1.6M$82K50xas long as short
KuCoin ICNTUSDTM+0.0100%4h0.09709−0.010%$745K$2.4M30xas long as short
Bitget ICNTUSDTshort+0.0100%4h0.09700−0.103%$702K$234K50x
BingX ICNT-USDT+0.0100%4h0.09690−0.206%$6.5Mas long as short
Variational Omni ICNT+0.0100%4h0.09688−0.226%$5Kas long as short