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

BICO

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.035%+$4 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BICOUSDT0.022530.0100pay 0.0100% / 8h7h 09m$4.0M$8.5M20x
ShortKuCoin BICOUSDTM0.022550.0100get 0.0100% / 8h7h 09m$992K$1.5M20x

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 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: +0.080% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago2.24 bp18.2 bp −$18104.8 bp −$1,048doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.22 bp206.1 bp −$206doesn't fitdoesn't fitdoesn't fit

BICO on 11 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
Aster BICOUSDT+0.0100%8h0.02252−0.051%$94K$25K5xas long as short
Binance BICOUSDTlong+0.0100%8h0.02253long leg$4.0M$8.5M20x
Bybit BICOUSDT+0.0100%8h0.02252−0.036%$2.1M$4.0M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02253−0.009%$1.8M$5.2M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02253−0.009%$2.0M$1.0M50xas long as short
KuCoin BICOUSDTMshort+0.0100%8h0.02255+0.080%$992K$1.5M20x
Bitget BICOUSDT+0.0100%8h0.02251−0.098%$631K$530K10xas long as short
BingX BICO-USDT+0.0100%8h0.02252−0.053%$1.7Mas long as short
Variational Omni BICO+0.0100%8h0.02253−0.019%$13K$13Kas long as short
Gate BICO_USDT+0.0116%8h0.02251−0.098%$371K$313K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.6184%1h0.02249−0.173%$39K$66K20xas long as short