Funding you earn now, next payment 23:00 UTC−0.2497%/8h= −273.4% APRpaid last 24h −0.637%
Price spread now: Bitget against Kraken Futures−1.021%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$75 a day on $10k at the current rate, and Bitget is 1.021% cheaper against Kraken Futures than usual: you would sell low and buy high (−$102 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 | 0.02281 | 0.2597 | pay 0.0325% / 1h | 22m 42s | $41K | $47K | 20x |
| Short | Bitget BICOUSDT | 0.02258 | 0.0100 | get 0.0100% / 8h | 1h 22m | $653K | $461K | 10x |
Kraken Futures PF_BICOUSD
Bitget BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$524.42
- Price spread: −1.021% → 0.000%
- −$102.08
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$648.5
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 57 min ago. 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 Bitget live order book, 57 min ago | 6.65 bp | 18.0 bp −$18 | 92.2 bp −$922 | doesn't fit | doesn't fit |
Kraken Futures: 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 BICOUSDT | +0.0100% | 8h | 0.02258 | −1.002% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02258 | −1.005% | $4.1M | $8.6M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02259 | −0.977% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02258 | −1.021% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02258 | −1.021% | $999K | $1.2M | 20x | as long as short |
| Bitget BICOUSDTshort | +0.0100% | 8h | 0.02258 | −1.021% | $653K | $461K | 10x | |
| Variational Omni BICO | +0.0100% | 8h | 0.02254 | −1.178% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02260 | −0.951% | $2.4M | $3.7M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02258 | −1.021% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0334% | 8h | 0.02259 | −0.977% | $405K | $311K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Variational Omni BICO
Bybit BICOUSDT
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.2597% | 1h | 0.02281 | long leg | $41K | $47K | 20x |