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: MEXC against OKX0.000%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.140%+$14 on $10k
Price spread, last 7 days+0.009%+$1 · spread now 0.000%, 7d avg +0.022%
Together, before fees+0.149%+$15 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: MEXC is 0.022% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BICO-USDT-SWAP0.022330.0100pay 0.0050% / 4h45m 48s$1.8M$5.2M20x
ShortMEXC BICO_USDT0.022330.0100get 0.0100% / 8h4h 45m$1.8M$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → +0.022%
−$2.23
Slippage, 4 orders
−$43.34
Fee OKX: 5 bp × 2 orders
−$10
Fee MEXC: 0 bp × 2 orders
$0
Net
−$55.58
Costs to cover
0.533%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 6 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, 2 min ago2.24 bp22.0 bp −$22doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 6 min ago2.24 bp5.1 bp −$522.7 bp −$227170.2 bp −$17.0Kdoesn'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%8h0.02234+0.036%$92K$22K5xas long as short
Binance BICOUSDT+0.0100%8h0.02232−0.034%$4.0M$8.5M20xas long as short
OKX BICO-USDT-SWAPlong+0.0100%4h0.02233long leg$1.8M$5.2M20x
MEXC BICO_USDTshort+0.0100%8h0.022330.000%$1.8M$1.1M50x
Bitget BICOUSDT+0.0100%8h0.02235+0.090%$645K$521K10xas long as short
Gate BICO_USDT+0.0182%8h0.02235+0.090%$373K$322K20xas long as short
BingX BICO-USDT+0.0192%8h0.02234+0.045%$1.7Mas long as short
Bybit BICOUSDT+0.0192%8h0.02235+0.099%$2.3M$3.8M20xas long as short
Variational Omni BICO+0.0242%8h0.02235+0.096%$13K$8Kas long as short
KuCoin BICOUSDTM+0.0371%8h0.02239+0.269%$1.1M$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.6561%1h0.02258+1.100%$37K$56K20xas long as short