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

ICNT

all ICNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.103%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2562.564% 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 7 days−0.006%−$1 · spread now −0.103%, 7d avg −0.070%
Together, before fees−0.006%−$1 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 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ICNTUSDT0.097200.0100pay 0.0050% / 4h0m 12s$1.5M$1.0M50x
ShortMEXC ICNT_USDC0.097100.0100get 0.0050% / 4h0m 12s$1.6M$84K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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% → −0.070%
−$3.31
Slippage, 4 orders
−$238.44
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$259.75
Costs to cover
2.564%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; MEXC: live order book, 1 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, 3 min ago5.15 bp50.0 bp −$50418.5 bp −$4,18521236.3 bp −$2.12Mdoesn't fit
Sell MEXC live order book, 1 min ago10.30 bp78.6 bp −$79264.8 bp −$2,6481091.3 bp −$109.1Kdoesn't fit

ICNT on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance ICNTUSDTlong+0.0100%4h0.09720long leg$1.5M$1.0M50x
Bybit ICNTUSDT+0.0100%4h0.09700−0.206%$1.3M$151K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09690−0.309%$95K$56K20xas long as short
MEXC ICNT_USDCshort+0.0100%4h0.09710−0.103%$1.6M$84K50x
KuCoin ICNTUSDTM+0.0100%4h0.09713−0.072%$735K$2.1M30xas long as short
Bitget ICNTUSDT+0.0100%4h0.09710−0.103%$673K$202K50xas long as short
BingX ICNT-USDT+0.0100%4h0.09700−0.206%$6.5Mas long as short
Variational Omni ICNT+0.0100%4h0.09698−0.223%$5Kas long as short
BloFin ICNT-USDT+0.0160%4h0.09700−0.206%$98K$1K50xas long as short