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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against Bitget+0.044%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$850.851% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.044%, 7d avg +0.012%
Together, before fees−0.055%−$6 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 0.032% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BICOUSDT0.022630.0100pay 0.0100% / 8h7h 46m$647K$459K10x
ShortBingX BICO-USDT0.022640.0100get 0.0100% / 8h7h 46m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: +0.044% → +0.012%
$3.2
Slippage, 4 orders
−$63.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$81.86
Costs to cover
0.851%
Break-even
never at this rate
Slippage from Bitget: live order book, 24 min ago; BingX: 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 Bitget live order book, 24 min ago4.44 bp19.9 bp −$2087.4 bp −$874doesn't fitdoesn't fit
Sell BingX live order book, 6 min ago6.61 bp21.6 bp −$2255.8 bp −$558669.4 bp −$66.9K1141.8 bp −$570.9K

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%8h0.02263−0.001%$94K$19K5xas long as short
Binance BICOUSDT+0.0100%8h0.02265+0.088%$4.1M$8.4M20xas long as short
Bybit BICOUSDT+0.0100%8h0.02266+0.119%$2.5M$3.7M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.022630.000%$1.9M$5.3M20xas long as short
MEXC BICO_USDT+0.0100%8h0.022630.000%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02267+0.177%$1.1M$1.3M20xas long as short
Bitget BICOUSDTlong+0.0100%8h0.02263long leg$647K$459K10x
BingX BICO-USDTshort+0.0100%8h0.02264+0.044%$1.7M
Variational Omni BICO+0.0113%8h0.02269+0.252%$16K$5Kas long as short
Gate BICO_USDT+0.0340%8h0.02264+0.044%$405K$299K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3481%1h0.02274+0.479%$39K$52K20xas long as short