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

BICO

all BICO markets
SwapBacktest
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: Binance against MEXC+0.045%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$570.567% 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 7 days−0.071%−$7 · spread now +0.045%, 7d avg +0.007%
Together, before fees−0.071%−$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: Binance is 0.038% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BICO_USDT0.022360.0100pay 0.0100% / 8h4h 51m$1.8M$1.1M50x
ShortBinance BICOUSDT0.022370.0100get 0.0100% / 8h4h 51m$4.0M$8.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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% → +0.007%
$3.82
Slippage, 4 orders
−$46.72
Fee MEXC: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
−$52.9
Costs to cover
0.567%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 3 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 MEXC live order book, 5 min ago4.46 bp6.2 bp −$643.9 bp −$439175.8 bp −$17.6Kdoesn't fit
Sell Binance live order book, 3 min ago2.23 bp17.0 bp −$1792.7 bp −$927doesn'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+0.185%$93K$21K5xas long as short
Binance BICOUSDTshort+0.0100%8h0.02237+0.045%$4.0M$8.4M20x
OKX BICO-USDT-SWAP+0.0100%4h0.02237+0.045%$1.9M$5.1M20xas long as short
MEXC BICO_USDTlong+0.0100%8h0.02236long leg$1.8M$1.1M50x
Bitget BICOUSDT+0.0100%8h0.02235−0.045%$629K$507K10xas long as short
Gate BICO_USDT+0.0193%8h0.02240+0.179%$376K$319K20xas long as short
Bybit BICOUSDT+0.0215%8h0.02239+0.121%$2.4M$3.8M20xas long as short
BingX BICO-USDT+0.0231%8h0.022360.000%$1.7Mas long as short
Variational Omni BICO+0.0256%8h0.02237+0.056%$14K$8Kas long as short
KuCoin BICOUSDTM+0.0379%8h0.02240+0.179%$1.1M$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.6571%1h0.02254+0.811%$37K$56K20xas long as short