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

ICNT

all ICNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.104%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$258as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2582.583% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.230%−$23 · spread now +0.104%, 7d avg −0.096%
Together, before fees−0.230%−$23 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: BingX is 0.200% dearer against MEXC than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.096%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ICNT_USDC0.096100.0100pay 0.0050% / 4h2h 27m$1.6M$81K50x
ShortBingX ICNT-USDT0.096200.0100get 0.0050% / 4h2h 27m$6.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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: +0.104% → −0.096%
$20.02
Slippage, 4 orders
−$240.28
Fee MEXC: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$238.26
Costs to cover
2.583%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; BingX: live order book, 3 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 MEXC live order book, 4 min ago10.38 bp84.5 bp −$85297.3 bp −$2,9731016.9 bp −$101.7Kdoesn't fit
Sell BingX live order book, 3 min ago10.35 bp44.4 bp −$44160.5 bp −$1,605768.0 bp −$76.8K1337.7 bp −$668.9K

ICNT on 8 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%4h0.09636+0.269%$1.5M$1.2M50xas long as short
Bybit ICNTUSDT+0.0100%4h0.09620+0.104%$1.3M$176K20xas long as short
Gate ICNT_USDT+0.0100%8h0.09600−0.104%$95K$57K20xas long as short
MEXC ICNT_USDClong+0.0100%4h0.09610long leg$1.6M$81K50x
KuCoin ICNTUSDTM+0.0100%4h0.09607−0.031%$707K$2.2M30xas long as short
Bitget ICNTUSDT+0.0100%4h0.09620+0.104%$678K$205K50xas long as short
BingX ICNT-USDTshort+0.0100%4h0.09620+0.104%$6.5M
Variational Omni ICNT+0.0100%4h0.09639+0.297%$5Kas long as short