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

ICNT

all ICNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.007%
Price spread now: BingX against BloFin−0.205%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.205% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICNT-USDT0.097400.0130pay 0.0065% / 4h43m 09s$97K$1K50x
ShortBingX ICNT-USDT0.097200.0100get 0.0050% / 4h43m 09s$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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
−$6.39
Price spread: −0.205% → 0.000%
−$20.53
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$48.93
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell BingX live order book, 8 min ago10.25 bp52.2 bp −$52139.7 bp −$1,397605.6 bp −$60.6K1225.6 bp −$612.8K
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.09750+0.100%$1.5M$1.1M50xas long as short
Bybit ICNTUSDT+0.0100%4h0.09730−0.103%$1.3M$160K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09730−0.103%$99K$59K20xas long as short
MEXC ICNT_USDC+0.0100%4h0.097400.000%$1.6M$81K50xas long as short
KuCoin ICNTUSDTM+0.0100%4h0.09749+0.092%$725K$2.3M30xas long as short
Bitget ICNTUSDT+0.0100%4h0.09750+0.103%$688K$225K50xas long as short
BingX ICNT-USDTshort+0.0100%4h0.09720−0.205%$6.5M
Variational Omni ICNT+0.0100%4h0.09723−0.173%$5Kas long as short
BloFin ICNT-USDTlong+0.0130%4h0.09740long leg$97K$1K50x