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

BICO

all BICO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment $0.84 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Bybit−0.040%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.040% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BICOUSDT0.022700.0197pay 0.0197% / 8h7h 42m$2.5M$3.7M20x
ShortVariational Omni BICO0.022690.0113get 0.0113% / 8h7h 42m$16K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$17.64
Price spread: −0.040% → 0.000%
−$3.97
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$32.61
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: no order-book sample. Net counts fees only.

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, 5 min ago0.44 bp63.1 bp −$63doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h0.02264−0.236%$94K$19K5xas long as short
Binance BICOUSDT+0.0100%8h0.02268−0.058%$4.1M$8.4M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02268−0.070%$1.9M$5.3M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02267−0.115%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02271+0.062%$1.1M$1.3M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02269−0.026%$647K$461K10xas long as short
BingX BICO-USDT+0.0100%8h0.02268−0.070%$1.7Mas long as short
Variational Omni BICOshort+0.0113%8h0.02269−0.040%$16K$5K
Bybit BICOUSDTlong+0.0197%8h0.02270long leg$2.5M$3.7M20x
Gate BICO_USDT+0.0226%8h0.02267−0.115%$406K$299K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3468%1h0.02282+0.560%$39K$52K20xas long as short