Funding spread now, next payment 18:00 UTC−0.2882%/8h
paid, last 24h−0.401%paid, last 4 days−0.973%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.973% in total (about -95.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02225 | 0.2982 | pay 0.0373% / 1h | 6m 30s | $40K | $37K | 20x |
| Short | Binance BICOUSDT | 0.02214 | 0.0100 | get 0.0100% / 8h | 6h 06m | $4.0M | $8.7M | 20x |
Kraken Futures PF_BICOUSD
Binance BICOUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$605.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$625.17
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.512%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 2.25 bp | 19.7 bp −$20 | 89.9 bp −$899 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BICO on 11 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | $92K | $21K | 5x | as long as short |
| Binance BICOUSDTshort | +0.0100% | 8h | $4.0M | $8.7M | 20x | |
| Bybit BICOUSDT | +0.0100% | 8h | $2.4M | $3.9M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | $1.8M | $5.5M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | $1.7M | $999K | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | $978K | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | $637K | $452K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | $15K | $3K | — | as long as short |
| Gate BICO_USDT | +0.0105% | 8h | $396K | $343K | 20x | as long as short |
Aster BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.2982% | 1h | $40K | $37K | 20x |