Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance+0.080%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$531as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5325.322% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.080%, 7d avg +0.113%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BICOUSDT | 0.02253 | 0.0100 | pay 0.0100% / 8h | 7h 09m | $4.0M | $8.5M | 20x |
| Short | KuCoin BICOUSDTM | 0.02255 | 0.0100 | get 0.0100% / 8h | 7h 09m | $992K | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: +0.080% → +0.113%
- −$3.33
- Slippage, 4 orders
- −$510.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$535.57
- Costs to cover
- 5.322%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; KuCoin: live order book, 6 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 Binance live order book, 14 min ago | 2.24 bp | 18.2 bp −$18 | 104.8 bp −$1,048 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.22 bp | 206.1 bp −$206 | doesn't fit | doesn't fit | doesn't fit |
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 BICOUSDT | +0.0100% | 8h | 0.02252 | −0.051% | $94K | $25K | 5x | as long as short |
| Binance BICOUSDTlong | +0.0100% | 8h | 0.02253 | long leg | $4.0M | $8.5M | 20x | |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02252 | −0.036% | $2.1M | $4.0M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02253 | −0.009% | $1.8M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02253 | −0.009% | $2.0M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMshort | +0.0100% | 8h | 0.02255 | +0.080% | $992K | $1.5M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02251 | −0.098% | $631K | $530K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02252 | −0.053% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02253 | −0.019% | $13K | $13K | — | as long as short |
| Gate BICO_USDT | +0.0116% | 8h | 0.02251 | −0.098% | $371K | $313K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.6184% | 1h | 0.02249 | −0.173% | $39K | $66K | 20x | as long as short |
Binance BICOUSDT
KuCoin BICOUSDTM
Aster BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDT
Kraken Futures PF_BICOUSD