Settings8H · net · $10k
Funding arb · Price arb /

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against KuCoin−0.045%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$590as in the Funding arb table
Net, price: spread back to 7d avg − costs−$585as in the Price arb table
costs, in and out, $10k−$5905.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.045%, 7d avg −0.094%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.049% dearer against KuCoin than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.094%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BICOUSDTM0.022420.0100pay 0.0100% / 8h43m 14s$982K$1.5M20x
ShortBitget BICOUSDT0.022410.0100get 0.0100% / 8h43m 14s$649K$526K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.045% → −0.094%
$4.92
Slippage, 4 orders
−$566.3
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$585.38
Costs to cover
5.903%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bitget: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago4.46 bp389.4 bp −$389doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 57 min ago6.73 bp32.2 bp −$3285.6 bp −$856doesn't fitdoesn't fit

BICO on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h0.02240−0.111%$94K$23K5xas long as short
Binance BICOUSDT+0.0100%8h0.02241−0.047%$4.0M$8.5M20xas long as short
Gate BICO_USDT+0.0100%8h0.02239−0.134%$364K$327K20xas long as short
MEXC BICO_USDT+0.0100%8h0.02240−0.089%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTMlong+0.0100%8h0.02242long leg$982K$1.5M20x
Bitget BICOUSDTshort+0.0100%8h0.02241−0.045%$649K$526K10x
Variational Omni BICO+0.0100%8h0.02241−0.040%$13K$13Kas long as short
OKX BICO-USDT-SWAP+0.0101%4h0.02241−0.045%$1.8M$5.3M20xas long as short
Bybit BICOUSDT+0.0101%8h0.02241−0.067%$2.2M$4.0M20xas long as short
BingX BICO-USDT+0.0101%8h0.02243+0.045%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.2718%1h0.02263+0.923%$39K$66K20xas long as short