Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.015%
Price spread now: Bybit against Gate+0.013%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.013%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BICO_USDT | 0.02231 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $362K | $307K | 20x |
| Short | Bybit BICOUSDT | 0.02231 | 0.0100 | get 0.0100% / 8h | 7h 50m | $2.1M | $4.0M | 20x |
Gate BICO_USDT
Bybit BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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: +0.013% → +0.004%
- $0.92
- Slippage, 4 orders
- −$110.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.91
- Costs to cover
- 1.368%
- Break-even
- never at this rate
Slippage from Gate: live order book, 44 min ago; Bybit: live order book, 2 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 Gate live order book, 44 min ago | 11.21 bp | 27.8 bp −$28 | 106.0 bp −$1,060 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.59 bp | 37.5 bp −$37 | doesn't fit | 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 | 0.02231 | 0.000% | $93K | $23K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02233 | +0.067% | $3.9M | $8.5M | 20x | as long as short |
| Bybit BICOUSDTshort | +0.0100% | 8h | 0.02231 | +0.013% | $2.1M | $4.0M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02233 | +0.090% | $1.8M | $5.2M | 20x | as long as short |
| Gate BICO_USDTlong | +0.0100% | 8h | 0.02231 | long leg | $362K | $307K | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02232 | +0.045% | $1.8M | $985K | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02234 | +0.134% | $978K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02232 | +0.045% | $650K | $518K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02231 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02233 | +0.075% | $13K | $13K | — | as long as short |
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 | +0.6178% | 1h | 0.02251 | +0.916% | $39K | $66K | 20x | as long as short |
Kraken Futures PF_BICOUSD