Settings8H · net · $10k
Funding arb · Price arb /

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget+0.057%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.212% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.057%, 7d avg +0.030%
Together, before fees−0.123%−$12 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: Bybit is 0.027% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BICOUSDT0.022630.0100pay 0.0100% / 8h7h 58m$648K$454K10x
ShortBybit BICOUSDT0.022640.0100get 0.0100% / 8h7h 58m$2.5M$3.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: +0.057% → +0.030%
$2.7
Slippage, 4 orders
−$98.21
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$118.51
Costs to cover
1.212%
Break-even
never at this rate
Slippage from Bitget: live order book, 12 min ago; Bybit: live order book, 9 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 Bitget live order book, 12 min ago4.44 bp19.9 bp −$2087.4 bp −$874doesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago1.77 bp32.6 bp −$33doesn't fitdoesn't fitdoesn'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%8h0.02266+0.137%$94K$18K5xas long as short
Binance BICOUSDT+0.0100%8h0.02264+0.044%$4.1M$8.5M20xas long as short
Bybit BICOUSDTshort+0.0100%8h0.02264+0.057%$2.5M$3.7M20x
OKX BICO-USDT-SWAP+0.0100%4h0.02261−0.088%$1.9M$5.3M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02261−0.088%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02272+0.398%$1.1M$1.3M20xas long as short
Bitget BICOUSDTlong+0.0100%8h0.02263long leg$648K$454K10x
Variational Omni BICO+0.0111%8h0.02267+0.188%$16K$5Kas long as short
BingX BICO-USDT+0.0200%8h0.02264+0.044%$1.7Mas long as short
Gate BICO_USDT+0.0386%8h0.02264+0.044%$405K$297K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3465%1h0.02284+0.948%$41K$48K20xas long as short