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 0.000%
Price spread now: KuCoin against Bitget+0.176%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$996as in the Funding arb table
Net, price: spread back to 7d avg − costs−$988as in the Price arb table
costs, in and out, $10k−$9969.964% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.176%, 7d avg +0.088%
Together, before fees−0.061%−$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: KuCoin is 0.088% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BICOUSDT0.022670.0100pay 0.0100% / 8h7h 40m$647K$460K10x
ShortKuCoin BICOUSDTM0.022710.0100get 0.0100% / 8h7h 40m$1.1M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.176% → +0.088%
$8.8
Slippage, 4 orders
−$972.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$987.58
Costs to cover
9.964%
Break-even
never at this rate
Slippage from Bitget: live order book, 29 min ago; KuCoin: live order book, 5 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, 29 min ago4.44 bp19.9 bp −$2087.4 bp −$874doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.61 bp493.4 bp −$493doesn'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%8h0.02265−0.071%$94K$19K5xas long as short
Binance BICOUSDT+0.0100%8h0.022670.000%$4.1M$8.4M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02266−0.044%$1.9M$5.2M20xas long as short
MEXC BICO_USDT+0.0100%8h0.022670.000%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTMshort+0.0100%8h0.02271+0.176%$1.1M$1.3M20x
Bitget BICOUSDTlong+0.0100%8h0.02267long leg$647K$460K10x
BingX BICO-USDT+0.0115%8h0.022670.000%$1.7Mas long as short
Variational Omni BICO+0.0122%8h0.02270+0.115%$16K$5Kas long as short
Bybit BICOUSDT+0.0229%8h0.02269+0.101%$2.5M$3.7M20xas long as short
Gate BICO_USDT+0.0351%8h0.022670.000%$406K$299K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3460%1h0.02288+0.911%$39K$52K20xas long as short