Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h 0.000%
Price spread now: KuCoin against OKX−0.089%7-day average +0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$545as in the Funding arb table
Net, price: spread back to 7d avg − costs−$584as in the Price arb table
costs, in and out, $10k−$5605.604% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 7 days+0.195%+$19 · spread now −0.089%, 7d avg +0.143%
=Funding pays, the price is against you. KuCoin is 0.232% cheaper against OKX than usual: you would sell low and buy high (spread −0.089% now, against its 7-day average of +0.143%). If the spread goes back, that is −$23 on $10k: about 8.8 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 | 0.02240 | 0.0100 | pay 0.0050% / 4h | 2h 52m | $1.8M | $5.1M | 20x |
| Short | KuCoin BICOUSDTM | 0.02238 | 0.0188 | get 0.0188% / 8h | 2h 52m | $989K | $1.4M | 20x |
OKX BICO-USDT-SWAP
KuCoin BICOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $18.48
- Price spread: −0.089% → +0.143%
- −$23.19
- Slippage, 4 orders
- −$538.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$565.13
- Costs to cover
- 5.604%
- Break-even
- 221.1 days
Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 8 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 | 2.23 bp | 22.0 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 4.48 bp | 170.8 bp −$171 | doesn't fit | 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 | 0.02240 | −0.014% | $92K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02239 | −0.036% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAPlong | +0.0100% | 4h | 0.02240 | long leg | $1.8M | $5.1M | 20x | |
| Gate BICO_USDT | +0.0100% | 8h | 0.02237 | −0.134% | $369K | $334K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02238 | −0.089% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02236 | −0.179% | $657K | $537K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02239 | −0.031% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02239 | −0.045% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0118% | 8h | 0.02241 | +0.063% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMshort | +0.0188% | 8h | 0.02238 | −0.089% | $989K | $1.4M | 20x |
Aster BICOUSDT
Binance BICOUSDT
Gate BICO_USDT
MEXC BICO_USDT
Bitget BICOUSDT
Bybit 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 | +0.3153% | 1h | 0.02244 | +0.173% | $36K | $64K | 20x | as long as short |
Kraken Futures PF_BICOUSD