Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.044%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.044%, 7d avg −0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02254 | 0.0101 | pay 0.0101% / 8h | 1h 31m | — | $1.7M | — |
| Short | Bitget BICOUSDT | 0.02253 | 0.0100 | get 0.0100% / 8h | 1h 31m | $652K | $460K | 10x |
BingX BICO-USDT
Bitget BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$0.21
- Price spread: −0.044% → −0.013%
- −$3.14
- Slippage, 4 orders
- −$73.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$99.16
- Costs to cover
- 0.958%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Bitget: live order book, 49 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 BingX live order book, 1 min ago | 6.66 bp | 20.7 bp −$21 | 49.6 bp −$496 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 49 min ago | 6.65 bp | 18.0 bp −$18 | 92.2 bp −$922 | 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 | 0.02255 | +0.061% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02253 | −0.059% | $4.1M | $8.6M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02252 | −0.089% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02254 | 0.000% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02259 | +0.222% | $1.0M | $1.2M | 20x | as long as short |
| Bitget BICOUSDTshort | +0.0100% | 8h | 0.02253 | −0.044% | $652K | $460K | 10x | |
| Variational Omni BICO | +0.0100% | 8h | 0.02262 | +0.352% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02255 | +0.053% | $2.4M | $3.7M | 20x | as long as short |
| BingX BICO-USDTlong | +0.0101% | 8h | 0.02254 | long leg | — | $1.7M | — | |
| Gate BICO_USDT | +0.0364% | 8h | 0.02255 | +0.044% | $404K | $310K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Variational Omni BICO
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2616% | 1h | 0.02265 | +0.501% | $41K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD