Funding you earn now, next payment 22:00 UTC−0.5060%/8h= −554.1% APRpaid last 24h −0.558%
Price spread now: Aster against Kraken Futures−0.702%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$152 a day on $10k at the current rate, and Aster is 0.702% cheaper against Kraken Futures than usual: you would sell low and buy high (−$70 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02258 | 0.5160 | pay 0.0645% / 1h | 2m 38s | $40K | $47K | 20x |
| Short | Aster BICOUSDT | 0.02242 | 0.0100 | get 0.0100% / 8h | 2h 02m | $93K | $20K | 5x |
Kraken Futures PF_BICOUSD
Aster BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$1,062.62
- Price spread: −0.702% → 0.000%
- −$70.23
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1,150.85
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and 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 | 0.02242 | −0.702% | $93K | $20K | 5x | |
| Binance BICOUSDT | +0.0100% | 8h | 0.02244 | −0.624% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02246 | −0.540% | $2.4M | $3.7M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02245 | −0.580% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02244 | −0.624% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02244 | −0.624% | $994K | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02243 | −0.669% | $643K | $447K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02243 | −0.669% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02245 | −0.596% | $16K | $4K | — | as long as short |
| Gate BICO_USDT | +0.0251% | 8h | 0.02245 | −0.580% | $400K | $314K | 20x | as long as short |
Binance BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.5160% | 1h | 0.02258 | long leg | $40K | $47K | 20x |