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

ICNT

all ICNT markets
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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 Bybit+0.246%7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costs−$467as in the Price arb table
costs, in and out, $10k−$4744.741% 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 7 days−0.158%−$16 · spread now +0.246%, 7d avg +0.173%
Together, before fees+0.066%+$7 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 0.073% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.173%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ICNTUSDT0.097600.0100pay 0.0050% / 4h1h 32m$1.3M$160K20x
ShortKuCoin ICNTUSDTM0.097840.0100get 0.0050% / 4h1h 32m$728K$2.3M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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: +0.246% → +0.173%
$7.3
Slippage, 4 orders
−$451.08
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$466.79
Costs to cover
4.741%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 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 Bybit live order book, 3 min ago5.13 bp139.4 bp −$139989.1 bp −$9,891doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago3.07 bp51.7 bp −$52doesn'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
BloFin ICNT-USDT+0.0050%4h0.09770+0.102%$97K$1K50xas long as short
Binance ICNTUSDT+0.0100%4h0.09785+0.256%$1.5M$1.1M50xas long as short
Bybit ICNTUSDTlong+0.0100%4h0.09760long leg$1.3M$160K20x
Gate ICNT_USDT+0.0100%8h0.09770+0.102%$97K$56K20xas long as short
MEXC ICNT_USDC+0.0100%4h0.09770+0.102%$1.6M$82K50xas long as short
KuCoin ICNTUSDTMshort+0.0100%4h0.09784+0.246%$728K$2.3M30x
Bitget ICNTUSDT+0.0100%4h0.09770+0.102%$683K$220K50xas long as short
BingX ICNT-USDT+0.0100%4h0.097600.000%$6.5Mas long as short
Variational Omni ICNT+0.0100%4h0.09753−0.069%$5Kas long as short