Funding arb · Price arb /

ICNT

all ICNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Binance against Gate+0.206%7-day average +0.174% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.206%, 7d avg +0.174%

Together, before fees+0.011%+$1 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: Binance is 0.032% dearer against Gate than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.174%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ICNT_USDT	0.09690	0.0100	pay 0.0100% / 8h	6h 21m	$106K	$65K	20x
Short	Binance ICNTUSDT	0.09710	0.0100	get 0.0050% / 4h	2h 21m	$1.5M	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.206%Rate

Funding earned: $0
Price spread: +0.206% → +0.174%: $3.21
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$21.79
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 23 min ago; Binance: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 23 min ago	10.31 bp	256.2 bp −$256	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	5.15 bp	54.5 bp −$55	285.4 bp −$2,854	doesn't fit	doesn't fit

ICNT on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin ICNT-USDT	+0.0083%	4h	0.09700	+0.103%	$95K	$1K	50x	as long as short
Binance ICNTUSDTshort	+0.0100%	4h	0.09710	+0.206%	$1.5M	$1.1M	50x
Bybit ICNTUSDT	+0.0100%	4h	0.09690	0.000%	$1.3M	$165K	20x	as long as short
Gate ICNT_USDTlong	+0.0100%	8h	0.09690	long leg	$106K	$65K	20x
MEXC ICNT_USDC	+0.0100%	4h	0.09710	+0.206%	$1.6M	$82K	50x	as long as short
KuCoin ICNTUSDTM	+0.0100%	4h	0.09709	+0.196%	$745K	$2.4M	30x	as long as short
Bitget ICNTUSDT	+0.0100%	4h	0.09700	+0.103%	$702K	$234K	50x	as long as short
BingX ICNT-USDT	+0.0100%	4h	0.09690	0.000%	—	$6.5M	—	as long as short
Variational Omni ICNT	+0.0100%	4h	0.09688	−0.020%	$5K	—	—	as long as short