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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget+0.089%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$570.569% 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 4 days (all we have)−0.138%−$14 · spread now +0.089%, 7d avg −0.020%
Together, before fees−0.147%−$15 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: MEXC is 0.109% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BICOUSDT0.022520.0100pay 0.0100% / 8h2h 49m$646K$453K10x
ShortMEXC BICO_USDT0.022540.0100get 0.0100% / 8h2h 49m$1.8M$1.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: +0.089% → −0.020%
$10.85
Slippage, 4 orders
−$44.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
−$46.03
Costs to cover
0.569%
Break-even
never at this rate
Slippage from Bitget: live order book, 35 min ago; MEXC: live order book, 2 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, 35 min ago2.21 bp23.4 bp −$2380.1 bp −$801doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago2.22 bp5.0 bp −$531.9 bp −$319175.8 bp −$17.6Kdoesn'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%8h0.02253+0.049%$94K$20K5xas long as short
Binance BICOUSDT+0.0100%8h0.022520.000%$4.1M$8.6M20xas long as short
Bybit BICOUSDT+0.0100%8h0.02256+0.160%$2.4M$3.8M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02253+0.044%$1.8M$5.3M20xas long as short
MEXC BICO_USDTshort+0.0100%8h0.02254+0.089%$1.8M$1.0M50x
KuCoin BICOUSDTM+0.0100%8h0.02253+0.044%$998K$1.2M20xas long as short
Bitget BICOUSDTlong+0.0100%8h0.02252long leg$646K$453K10x
BingX BICO-USDT+0.0100%8h0.02253+0.044%$1.7Mas long as short
Variational Omni BICO+0.0100%8h0.02252+0.012%$16K$4Kas long as short
Gate BICO_USDT+0.0200%8h0.02254+0.089%$403K$311K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.5173%1h0.02252+0.015%$41K$45K20xas long as short