Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.029%
Price spread now: Gate against Bitget−0.045%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.045%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.071% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BICOUSDT | 0.02240 | 0.0100 | pay 0.0100% / 8h | 43m 23s | $648K | $526K | 10x |
| Short | Gate BICO_USDT | 0.02239 | 0.0100 | get 0.0100% / 8h | 43m 23s | $364K | $327K | 20x |
Bitget BICOUSDT
Gate BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.045% → +0.027%
- −$7.12
- Slippage, 4 orders
- −$94.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$128.3
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 57 min ago; Gate: live order book, 57 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 Bitget live order book, 57 min ago | 6.73 bp | 28.3 bp −$28 | 104.1 bp −$1,041 | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 13.47 bp | 30.2 bp −$30 | 133.9 bp −$1,339 | 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 | 0.02240 | −0.021% | $94K | $23K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02241 | +0.042% | $4.0M | $8.5M | 20x | as long as short |
| Gate BICO_USDTshort | +0.0100% | 8h | 0.02239 | −0.045% | $364K | $327K | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02240 | 0.000% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02242 | +0.089% | $982K | $1.5M | 20x | as long as short |
| Bitget BICOUSDTlong | +0.0100% | 8h | 0.02240 | long leg | $648K | $526K | 10x | |
| Variational Omni BICO | +0.0100% | 8h | 0.02241 | +0.050% | $13K | $13K | — | as long as short |
| OKX BICO-USDT-SWAP | +0.0101% | 4h | 0.02241 | +0.045% | $1.8M | $5.3M | 20x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02241 | +0.022% | $2.2M | $4.0M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02243 | +0.134% | — | $1.7M | — | as long as short |
Aster BICOUSDT
Binance BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Variational Omni BICO
OKX BICO-USDT-SWAP
Bybit BICOUSDT
BingX BICO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2717% | 1h | 0.02264 | +1.050% | $39K | $66K | 20x | as long as short |
Kraken Futures PF_BICOUSD