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−0.0038%/8h= −4.1% APRnext payment $0.19 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BloFin+0.103%7-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−0.033%−$3 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. MEXC is 0.103% dearer against BloFin than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 7 days (−0.033% in total) that is about 22 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ICNT-USDT0.097400.0138pay 0.0069% / 4h2h 14m$97K$1K50x
ShortMEXC ICNT_USDC0.097500.0100get 0.0050% / 4h2h 14m$1.6M$83K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$7.95
Price spread: +0.103% → 0.000%
$10.27
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$17.69
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago10.27 bp88.3 bp −$88277.6 bp −$2,7761049.1 bp −$104.9Kdoesn'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%4h0.09770+0.308%$1.5M$1.0M50xas long as short
Bybit ICNTUSDT+0.0100%4h0.097400.000%$1.3M$156K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09720−0.205%$95K$53K20xas long as short
MEXC ICNT_USDCshort+0.0100%4h0.09750+0.103%$1.6M$83K50x
KuCoin ICNTUSDTM+0.0100%4h0.09758+0.185%$727K$2.2M30xas long as short
Bitget ICNTUSDT+0.0100%4h0.097400.000%$680K$216K50xas long as short
BingX ICNT-USDT+0.0100%4h0.097400.000%$6.6Mas long as short
Variational Omni ICNT+0.0100%4h0.09723−0.170%$5Kas long as short
BloFin ICNT-USDTlong+0.0138%4h0.09740long leg$97K$1K50x