Funding you earn now, next payment 00:00 UTC−0.0191%/8h= −20.9% APRnext payment −$1.91 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Gate−0.082%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.082% cheaper against Gate than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BICO_USDT | 0.02253 | 0.0291 | pay 0.0291% / 8h | 36m 43s | $403K | $306K | 20x |
| Short | Aster BICOUSDT | 0.02251 | 0.0100 | get 0.0100% / 8h | 36m 43s | $94K | $18K | 5x |
Gate BICO_USDT
Aster BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$40.11
- Price spread: −0.082% → 0.000%
- −$8.17
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$71.28
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 39 min ago; Aster: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 39 min ago | 6.65 bp | 35.4 bp −$35 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDTshort | +0.0100% | 8h | 0.02251 | −0.082% | $94K | $18K | 5x | |
| Binance BICOUSDT | +0.0100% | 8h | 0.02250 | −0.112% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02251 | −0.089% | $1.8M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02250 | −0.133% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02258 | +0.222% | $1.0M | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02251 | −0.089% | $650K | $456K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | +0.085% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02253 | −0.013% | $2.4M | $3.6M | 20x | as long as short |
| BingX BICO-USDT | +0.0106% | 8h | 0.02260 | +0.311% | — | $1.7M | — | as long as short |
| Gate BICO_USDTlong | +0.0291% | 8h | 0.02253 | long leg | $403K | $306K | 20x |
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
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 | +0.4139% | 1h | 0.02260 | +0.290% | $41K | $48K | 20x | as long as short |
Kraken Futures PF_BICOUSD