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

BICO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against OKX+0.044%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$910.908% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)+0.092%+$9 · spread now +0.044%, 7d avg +0.046%
Together, before fees+0.242%+$24 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BICO-USDT-SWAP0.022680.0100pay 0.0050% / 4h3h 42m$1.9M$5.3M20x
ShortBitget BICOUSDT0.022690.0100get 0.0100% / 8h7h 42m$647K$461K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.044% → +0.046%
−$0.23
Slippage, 4 orders
−$68.77
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$90.99
Costs to cover
0.908%
Break-even
never at this rate
Slippage from OKX: live order book, 6 min ago; Bitget: live order book, 28 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 OKX live order book, 6 min ago2.21 bp21.6 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 28 min ago4.44 bp26.1 bp −$26101.4 bp −$1,014doesn'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%8h0.02264−0.166%$94K$19K5xas long as short
Binance BICOUSDT+0.0100%8h0.02268+0.013%$4.1M$8.4M20xas long as short
OKX BICO-USDT-SWAPlong+0.0100%4h0.02268long leg$1.9M$5.3M20x
MEXC BICO_USDT+0.0100%8h0.02267−0.044%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02271+0.132%$1.1M$1.3M20xas long as short
Bitget BICOUSDTshort+0.0100%8h0.02269+0.044%$647K$461K10x
BingX BICO-USDT+0.0100%8h0.022680.000%$1.7Mas long as short
Variational Omni BICO+0.0113%8h0.02269+0.031%$16K$5Kas long as short
Bybit BICOUSDT+0.0197%8h0.02270+0.071%$2.5M$3.7M20xas long as short
Gate BICO_USDT+0.0226%8h0.02267−0.044%$406K$299K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3468%1h0.02282+0.631%$39K$52K20xas long as short