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: Bybit against MEXC−0.311%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$390as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$3903.901% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.364%+$36 · spread now −0.311%, 7d avg −0.068%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.243% cheaper against MEXC than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ICNT_USDC | 0.09650 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $1.6M | $81K | 50x |
| Short | Bybit ICNTUSDT | 0.09620 | 0.0100 | get 0.0050% / 4h | 2h 28m | $1.3M | $175K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.311% → −0.068%
- −$24.26
- Slippage, 4 orders
- −$371.12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$414.37
- Costs to cover
- 3.901%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 2 min ago.
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 MEXC live order book, 3 min ago | 10.38 bp | 84.5 bp −$85 | 297.3 bp −$2,973 | 1016.9 bp −$101.7K | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.18 bp | 121.9 bp −$122 | 459.7 bp −$4,597 | doesn't fit | doesn't fit |
ICNT on 8 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ICNTUSDT | +0.0100% | 4h | 0.09650 | +0.005% | $1.5M | $1.2M | 50x | as long as short |
| Bybit ICNTUSDTshort | +0.0100% | 4h | 0.09620 | −0.311% | $1.3M | $175K | 20x | |
| Gate ICNT_USDT | +0.0100% | 8h | 0.09650 | 0.000% | $104K | $57K | 20x | as long as short |
| MEXC ICNT_USDClong | +0.0100% | 4h | 0.09650 | long leg | $1.6M | $81K | 50x | |
| KuCoin ICNTUSDTM | +0.0100% | 4h | 0.09644 | −0.062% | $709K | $2.2M | 30x | as long as short |
| Bitget ICNTUSDT | +0.0100% | 4h | 0.09630 | −0.207% | $682K | $205K | 50x | as long as short |
| BingX ICNT-USDT | +0.0100% | 4h | 0.09640 | −0.104% | — | $6.5M | — | as long as short |
| Variational Omni ICNT | +0.0100% | 4h | 0.09639 | −0.119% | $5K | — | — | as long as short |
MEXC ICNT_USDC
Bybit ICNTUSDT
Binance ICNTUSDT
Gate ICNT_USDT
KuCoin ICNTUSDTM
Bitget ICNTUSDT
BingX ICNT-USDT
Variational Omni ICNT