Funding you earn now, next payment 03:00 UTC+0.7039%/8h= +770.7% APRpaid last 24h +0.873%
Price spread now: Kraken Futures against Aster+0.768%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.377%+$238 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$211 a day on $10k at the current rate, and Kraken Futures is 0.768% dearer against Aster than usual: you sell high and buy low: +$77 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.377% in total (about 123.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BICOUSDT | 0.02249 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $93K | $20K | 5x |
| Short | Kraken Futures PF_BICOUSD | 0.02267 | 0.7139 | get 0.0892% / 1h | 41m 15s | $37K | $56K | 20x |
Aster BICOUSDT
Kraken Futures PF_BICOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Aster. 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
- $1,478.14
- Price spread: +0.768% → 0.000%
- $76.79
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,536.94
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Aster: no order-book sample; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Aster and Kraken Futures: 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.
BICO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDTlong | +0.0100% | 8h | 0.02249 | long leg | $93K | $20K | 5x | |
| Binance BICOUSDT | +0.0100% | 8h | 0.02251 | +0.066% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02252 | +0.119% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02250 | +0.030% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02251 | +0.074% | $639K | $499K | 10x | as long as short |
| Variational Omni BICO | +0.0346% | 8h | 0.02248 | −0.046% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0411% | 8h | 0.02253 | +0.163% | $1.1M | $1.3M | 20x | as long as short |
| Bybit BICOUSDT | +0.0533% | 8h | 0.02251 | +0.074% | $2.4M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0534% | 8h | 0.02251 | +0.074% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0587% | 8h | 0.02251 | +0.074% | $381K | $337K | 20x | as long as short |
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
KuCoin BICOUSDTM
Bybit BICOUSDT
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDshort | +0.7139% | 1h | 0.02267 | +0.768% | $37K | $56K | 20x |