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

ICNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget−0.021%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3223.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$22 on $10k
Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.021%, 7d avg +0.038%
Together, before fees+0.327%+$33 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: KuCoin is 0.059% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ICNTUSDT0.097500.0100pay 0.0050% / 4h42m 42s$688K$225K50x
ShortKuCoin ICNTUSDTM0.097480.0100get 0.0050% / 4h42m 42s$724K$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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: −0.021% → +0.038%
−$5.85
Slippage, 4 orders
−$298.19
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$328.04
Costs to cover
3.222%
Break-even
never at this rate
Slippage from Bitget: live order book, 58 min ago; KuCoin: live order book, 4 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 Bitget live order book, 58 min ago10.22 bp49.8 bp −$50475.8 bp −$4,758doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago9.74 bp61.7 bp −$62doesn't fitdoesn't fitdoesn'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 ICNTUSDT+0.0100%4h0.09740−0.103%$1.5M$1.1M50xas long as short
Bybit ICNTUSDT+0.0100%4h0.09710−0.410%$1.3M$160K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09730−0.205%$99K$59K20xas long as short
MEXC ICNT_USDC+0.0100%4h0.09740−0.103%$1.6M$81K50xas long as short
KuCoin ICNTUSDTMshort+0.0100%4h0.09748−0.021%$724K$2.3M30x
Bitget ICNTUSDTlong+0.0100%4h0.09750long leg$688K$225K50x
BingX ICNT-USDT+0.0100%4h0.09720−0.308%$6.5Mas long as short
Variational Omni ICNT+0.0100%4h0.09723−0.276%$5Kas long as short
BloFin ICNT-USDT+0.0130%4h0.09740−0.103%$97K$1K50xas long as short