BICO

Alert

Funding spread now, next payment 00:00 UTC+0.0220%/8h

next payment, per $10,000+$2.20paid, last 24h0.000%paid, last 7 days+0.009%to open and close $10k−$104

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BICOUSDT	0.02237	0.0100	pay 0.0100% / 8h	5h 41m	$4.0M	$8.7M	20x
Short	Gate BICO_USDT	0.02242	0.0320	get 0.0320% / 8h	5h 41m	$400K	$337K	20x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersRate

Funding earned: $46.2
Slippage, 4 orders: −$78.69
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$57.49
Break-even: 15.7 days

Slippage from Binance: live order book, 14 min ago; Gate: live order book, 55 min ago.

Price risk

price view

Price gap now: +0.224%
Avg gap 7d: +0.036%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Binance live order book, 14 min ago	2.25 bp	17.9 bp −$18	106.9 bp −$1,069	doesn't fit	doesn't fit
Sell Gate live order book, 55 min ago	6.62 bp	32.2 bp −$32	114.4 bp −$1,144	doesn't fit	doesn't fit

BICO on 11 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster BICOUSDT	+0.0100%	8h	$93K	$20K	5x	as long as short
Binance BICOUSDTlong	+0.0100%	8h	$4.0M	$8.7M	20x
Bybit BICOUSDT	+0.0100%	8h	$2.4M	$3.9M	20x	as long as short
OKX BICO-USDT-SWAP	+0.0100%	4h	$1.8M	$5.6M	20x	as long as short
MEXC BICO_USDT	+0.0100%	8h	$1.6M	$1.0M	50x	as long as short
KuCoin BICOUSDTM	+0.0100%	8h	$1.0M	$1.3M	20x	as long as short
Bitget BICOUSDT	+0.0100%	8h	$640K	$458K	10x	as long as short
BingX BICO-USDT	+0.0100%	8h	—	$1.7M	—	as long as short
Variational Omni BICO	+0.0100%	8h	$15K	$3K	—	as long as short
Gate BICO_USDTshort	+0.0320%	8h	$400K	$337K	20x

Show all 11 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Kraken Futures PF_BICOUSD	+0.1826%	1h	$39K	$42K	20x	as long as short