Funding you earn now, next payment 02:00 UTC−0.6137%/8h= −672.0% APRpaid last 24h −0.780%
Price spread now: Variational Omni against Kraken Futures−1.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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 −$184 a day on $10k at the current rate, and Variational Omni is 1.045% cheaper against Kraken Futures than usual: you would sell low and buy high (−$104 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 | 0.02278 | 0.6358 | pay 0.0795% / 1h | 49m 29s | $39K | $52K | 20x |
| Short | Variational Omni BICO | 0.02254 | 0.0221 | get 0.0221% / 8h | 6h 49m | $14K | $8K | — |
Kraken Futures PF_BICOUSD
Variational Omni BICOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$1,288.72
- Price spread: −1.045% → 0.000%
- −$104.5
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$1,403.21
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02251 | −1.160% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02255 | −0.994% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02255 | −0.994% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02254 | −1.038% | $1.8M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02255 | −0.994% | $643K | $480K | 10x | as long as short |
| KuCoin BICOUSDTM | +0.0209% | 8h | 0.02259 | −0.819% | $1.1M | $1.3M | 20x | as long as short |
| Variational Omni BICOshort | +0.0221% | 8h | 0.02254 | −1.045% | $14K | $8K | — | |
| Gate BICO_USDT | +0.0464% | 8h | 0.02256 | −0.951% | $404K | $296K | 20x | as long as short |
| BingX BICO-USDT | +0.0494% | 8h | 0.02254 | −1.038% | — | $1.7M | — | as long as short |
| Bybit BICOUSDT | +0.0603% | 8h | 0.02257 | −0.898% | $2.4M | $3.7M | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
KuCoin BICOUSDTM
Gate BICO_USDT
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_BICOUSDlong | +0.6358% | 1h | 0.02278 | long leg | $39K | $52K | 20x |