Funding you earn now, next payment 08:00 UTC−0.0146%/8h= −16.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.029%
Price spread now: KuCoin against Gate+0.133%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,048as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,038as in the Price arb table
costs, in and out, $10k−$1,04510.447% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.133%, 7d avg +0.062%
=The price spread pays, funding is against you. KuCoin is 0.071% dearer against Gate than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.062%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.029% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BICO_USDT | 0.02253 | 0.0338 | pay 0.0338% / 8h | 6h 50m | $404K | $296K | 20x |
| Short | KuCoin BICOUSDTM | 0.02256 | 0.0192 | get 0.0192% / 8h | 6h 50m | $1.1M | $1.3M | 20x |
Gate BICO_USDT
KuCoin BICOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$30.66
- Price spread: +0.133% → +0.062%
- $7.09
- Slippage, 4 orders
- −$1,017.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,068.25
- Costs to cover
- 10.447%
- Break-even
- never at this rate
Slippage from Gate: live order book, 15 min ago; KuCoin: live order book, 9 min ago.
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, 15 min ago | 8.79 bp | 31.7 bp −$32 | 856.5 bp −$8,565 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 6.64 bp | 238.0 bp −$238 | doesn't fit | doesn't fit | doesn't fit |
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 BICOUSDT | +0.0100% | 8h | 0.02250 | −0.133% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02251 | −0.099% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02254 | +0.044% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02249 | −0.178% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02253 | 0.000% | $642K | $480K | 10x | as long as short |
| KuCoin BICOUSDTMshort | +0.0192% | 8h | 0.02256 | +0.133% | $1.1M | $1.3M | 20x | |
| Variational Omni BICO | +0.0221% | 8h | 0.02254 | +0.038% | $14K | $8K | — | as long as short |
| Gate BICO_USDTlong | +0.0338% | 8h | 0.02253 | long leg | $404K | $296K | 20x | |
| BingX BICO-USDT | +0.0494% | 8h | 0.02253 | 0.000% | — | $1.7M | — | as long as short |
| Bybit BICOUSDT | +0.0505% | 8h | 0.02254 | +0.062% | $2.4M | $3.7M | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
BingX BICO-USDT
Bybit BICOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.6382% | 1h | 0.02269 | +0.716% | $39K | $52K | 20x | as long as short |
Kraken Futures PF_BICOUSD