Funding you earn now, next payment 00:00 UTC+0.0146%/8h= +16.0% APRnext payment +$1.46 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit−0.013%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1881.883% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.013%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BICOUSDT | 0.02250 | 0.0100 | pay 0.0100% / 8h | 2h 12m | $2.4M | $3.7M | 20x |
| Short | Gate BICO_USDT | 0.02250 | 0.0246 | get 0.0246% / 8h | 2h 12m | $401K | $313K | 20x |
Bybit BICOUSDT
Gate BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $30.66
- Price spread: −0.013% → −0.004%
- −$0.94
- Slippage, 4 orders
- −$162.32
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$158.6
- Costs to cover
- 1.883%
- Break-even
- 43.2 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 8 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 Bybit live order book, 5 min ago | 0.67 bp | 76.2 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 11.06 bp | 36.5 bp −$36 | 121.2 bp −$1,212 | 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 | 0.02250 | −0.004% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02248 | −0.102% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDTlong | +0.0100% | 8h | 0.02250 | long leg | $2.4M | $3.7M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02247 | −0.147% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02248 | −0.102% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02250 | −0.013% | $997K | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02250 | −0.013% | $645K | $450K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02247 | −0.147% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | +0.193% | $16K | $4K | — | as long as short |
| Gate BICO_USDTshort | +0.0246% | 8h | 0.02250 | −0.013% | $401K | $313K | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.5157% | 1h | 0.02260 | +0.415% | $40K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD