Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.003%
Price spread now: Gate against OKX0.000%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1131.134% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 4 days (all we have)+0.246%+$25 · spread now 0.000%, 7d avg +0.069%
=Funding pays, the price is against you. Gate is 0.069% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.069%). If the spread goes back, that is −$7 on $10k: about 2.2 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BICO-USDT-SWAP | 0.02255 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $1.8M | $5.3M | 20x |
| Short | Gate BICO_USDT | 0.02255 | 0.0205 | get 0.0205% / 8h | 2h 52m | $403K | $311K | 20x |
OKX BICO-USDT-SWAP
Gate BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $22.05
- Price spread: 0.000% → +0.069%
- −$6.88
- Slippage, 4 orders
- −$88.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.25
- Costs to cover
- 1.134%
- Break-even
- 38.2 days
Slippage from OKX: live order book, 5 min ago; Gate: live order book, 32 min ago.
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 OKX live order book, 5 min ago | 2.22 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 6.61 bp | 32.7 bp −$33 | 903.1 bp −$9,031 | doesn't fit | doesn't fit |
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 | 0.02256 | +0.055% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02255 | 0.000% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02259 | +0.155% | $2.4M | $3.8M | 20x | as long as short |
| OKX BICO-USDT-SWAPlong | +0.0100% | 4h | 0.02255 | long leg | $1.8M | $5.3M | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02255 | 0.000% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02255 | 0.000% | $998K | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02255 | 0.000% | $647K | $453K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02254 | −0.044% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | +0.022% | $15K | $3K | — | as long as short |
| Gate BICO_USDTshort | +0.0205% | 8h | 0.02255 | 0.000% | $403K | $311K | 20x |
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.5128% | 1h | 0.02272 | +0.772% | $40K | $42K | 20x | as long as short |
Kraken Futures PF_BICOUSD