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+0.0044%/8h= +4.9% APRpaid last 24h +0.007%
Price spread now: BloFin against Gate+0.102%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.102% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ICNT_USDT0.097700.0100pay 0.0100% / 8h58m 43s$99K$58K20x
ShortBloFin ICNT-USDT0.097800.0144get 0.0072% / 4h58m 43s$97K$1K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$9.32
Price spread: +0.102% → 0.000%
$10.24
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$7.44
Costs to cover
0.270%
Break-even
12.6 days
Slippage unknown: Gate: no order-book sample; BloFin: no order-book sample. 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 Gate no order-book sample
Sell BloFin no order-book sample
Gate and 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+0.102%$1.5M$1.0M50xas long as short
Bybit ICNTUSDT+0.0100%4h0.097700.000%$1.3M$159K20xas long as short
Gate ICNT_USDTlong+0.0100%8h0.09770long leg$99K$58K20x
MEXC ICNT_USDC+0.0100%4h0.097700.000%$1.6M$81K50xas long as short
KuCoin ICNTUSDTM+0.0100%4h0.09773+0.031%$727K$2.3M30xas long as short
Bitget ICNTUSDT+0.0100%4h0.09780+0.102%$684K$219K50xas long as short
BingX ICNT-USDT+0.0100%4h0.09760−0.102%$6.5Mas long as short
Variational Omni ICNT+0.0100%4h0.09763−0.069%$5Kas long as short
BloFin ICNT-USDTshort+0.0144%4h0.09780+0.102%$97K$1K50x