Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: KuCoin against Bybit+0.063%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,051as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,050as in the Price arb table
costs, in and out, $10k−$1,05110.507% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now +0.063%, 7d avg +0.061%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BICOUSDT | 0.02208 | 0.0100 | pay 0.0100% / 8h | 5h 03m | $2.1M | $3.8M | 20x |
| Short | KuCoin BICOUSDTM | 0.02209 | 0.0100 | get 0.0100% / 8h | 5h 03m | $964K | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.063% → +0.061%
- $0.21
- Slippage, 4 orders
- −$1,027.66
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,050.45
- Costs to cover
- 10.507%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 5 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, 2 min ago | 1.59 bp | 55.3 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 4.52 bp | 432.0 bp −$432 | doesn't fit | doesn't fit | doesn't fit |
BICO on 11 exchanges
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 | 0.02211 | +0.149% | $94K | $26K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02208 | +0.018% | $3.9M | $8.1M | 20x | as long as short |
| Bybit BICOUSDTlong | +0.0100% | 8h | 0.02208 | long leg | $2.1M | $3.8M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02208 | +0.018% | $1.8M | $4.9M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02211 | +0.154% | $358K | $296K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02208 | +0.018% | $1.8M | $951K | 50x | as long as short |
| KuCoin BICOUSDTMshort | +0.0100% | 8h | 0.02209 | +0.063% | $964K | $1.5M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02208 | +0.018% | $622K | $502K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02209 | +0.063% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02207 | −0.008% | $13K | $13K | — | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.0276% | 1h | 0.02210 | +0.086% | $38K | $64K | 20x | as long as short |
Bybit BICOUSDT
KuCoin BICOUSDTM
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Kraken Futures PF_BICOUSD