Funding you earn now, next payment 22:00 UTC+0.5051%/8h= +553.1% APRpaid last 24h +0.558%
Price spread now: Kraken Futures against KuCoin+0.851%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$152 a day on $10k at the current rate, and Kraken Futures is 0.851% dearer against KuCoin than usual: you sell high and buy low: +$85 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02243 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $994K | $1.2M | 20x |
| Short | Kraken Futures PF_BICOUSD | 0.02262 | 0.5151 | get 0.0644% / 1h | 3m 41s | $41K | $47K | 20x |
KuCoin BICOUSDTM
Kraken Futures PF_BICOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $1,060.71
- Price spread: +0.851% → 0.000%
- $85.05
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,123.77
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 1 min ago; Kraken Futures: 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 KuCoin live order book, 1 min ago | 4.46 bp | 299.3 bp −$299 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | 0.02242 | −0.064% | $93K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02242 | −0.025% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02244 | +0.045% | $2.4M | $3.7M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02243 | 0.000% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02242 | −0.045% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMlong | +0.0100% | 8h | 0.02243 | long leg | $994K | $1.2M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02243 | 0.000% | $643K | $447K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02243 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02245 | +0.074% | $16K | $4K | — | as long as short |
| Gate BICO_USDT | +0.0235% | 8h | 0.02244 | +0.045% | $400K | $314K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
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_BICOUSDshort | +0.5151% | 1h | 0.02262 | +0.851% | $41K | $47K | 20x |