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

BICO

all BICO markets
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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: BingX against Bybit−0.075%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1521.517% 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 7 days−0.072%−$7 · spread now −0.075%, 7d avg −0.033%
Together, before fees−0.072%−$7 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 0.043% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BICOUSDT0.022600.0100pay 0.0100% / 8h1h 54m$2.4M$3.7M20x
ShortBingX BICO-USDT0.022580.0100get 0.0100% / 8h1h 54m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.075% → −0.033%
−$4.26
Slippage, 4 orders
−$130.7
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$155.96
Costs to cover
1.517%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; BingX: live order book, 8 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 Bybit live order book, 3 min ago3.11 bp72.2 bp −$72doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 8 min ago4.45 bp17.2 bp −$1746.1 bp −$461615.1 bp −$61.5K1142.1 bp −$571.0K

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%8h0.02260+0.013%$94K$20K5xas long as short
Binance BICOUSDT+0.0100%8h0.02255−0.208%$4.1M$8.6M20xas long as short
Bybit BICOUSDTlong+0.0100%8h0.02260long leg$2.4M$3.7M20x
OKX BICO-USDT-SWAP+0.0100%4h0.02255−0.208%$1.8M$5.3M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02256−0.164%$1.8M$995K50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02256−0.164%$1.0M$1.2M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02257−0.119%$647K$447K10xas long as short
BingX BICO-USDTshort+0.0100%8h0.02258−0.075%$1.7M
Variational Omni BICO+0.0100%8h0.02257−0.101%$16K$4Kas long as short
Gate BICO_USDT+0.0335%8h0.02261+0.058%$404K$307K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.2601%1h0.02278+0.799%$41K$47K20xas long as short