Funding spread now, next payment 15:00 UTC+0.4469%/8h
paid, last 24h+0.157%paid, last 4 days+0.751%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid 0.751% in total (about 77.0% a year). A funding rate is set anew for every payment. 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 | 0.02270 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $4.2M | $8.7M | 20x |
| Short | Kraken Futures PF_BICOUSD | 0.02290 | 0.4569 | get 0.0571% / 1h | 30m 44s | $40K | $26K | 20x |
Binance BICOUSDT
Kraken Futures PF_BICOUSDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $938.52
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $918.52
- Break-even
- 0.1 days
Slippage unknown: Binance: live order book, 10 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- +0.887%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 10 min ago | 2.21 bp | 18.0 bp −$18 | 81.6 bp −$816 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BICO on 11 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | $94K | $24K | 5x | as long as short |
| Binance BICOUSDTlong | +0.0100% | 8h | $4.2M | $8.7M | 20x | |
| Bybit BICOUSDT | +0.0100% | 8h | $2.5M | $3.9M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | $2.0M | $5.8M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | $395K | $322K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | $1.8M | $880K | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | $997K | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | $637K | $418K | 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 |
Aster BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDshort | +0.4569% | 1h | $40K | $26K | 20x |