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−0.0031%/8h= −3.4% APRnext payment $0.16 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against BloFin+0.462%95s7-day average · you sell dearer than you buy
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+0.192%+$19 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. KuCoin is 0.462% dearer against BloFin than usual: you sell high and buy low (spread +0.462% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days. Mind the row above: over the last 7 days funding on this pair paid +0.192%, so the current rate has only just turned against you. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICNT-USDT0.097400.0131pay 0.0066% / 4h2h 11m$97K$1K50x
ShortKuCoin ICNTUSDTM0.097850.0100get 0.0050% / 4h2h 11m$731K$2.2M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$6.56
Price spread: +0.462% → 0.000%
$46.2
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$15.64
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago10.77 bp69.8 bp −$70doesn't fitdoesn't fitdoesn't fit
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%4h0.09780+0.411%$1.5M$1.0M50xas long as short
Bybit ICNTUSDT+0.0100%4h0.09770+0.308%$1.3M$157K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09770+0.308%$96K$54K20xas long as short
MEXC ICNT_USDC+0.0100%4h0.09770+0.308%$1.6M$83K50xas long as short
KuCoin ICNTUSDTMshort+0.0100%4h0.09785+0.462%$731K$2.2M30x
Bitget ICNTUSDT+0.0100%4h0.09770+0.308%$682K$217K50xas long as short
BingX ICNT-USDT+0.0100%4h0.09770+0.308%$6.5Mas long as short
Variational Omni ICNT+0.0100%4h0.09723−0.170%$5Kas long as short
BloFin ICNT-USDTlong+0.0131%4h0.09740long leg$97K$1K50x