Funding you earn now, next payment 07:00 UTC−0.1609%/8h= −176.1% APRpaid last 24h −1.147%
Price spread now: MEXC against Kraken Futures+0.260%51s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.609%−$261 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. MEXC is 0.260% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.260% now, against zero (this spread has no 7-day history yet)): +$26 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02239 | 0.1709 | pay 0.0214% / 1h | 26m 29s | $36K | $64K | 20x |
| Short | MEXC BICO_USDT | 0.02245 | 0.0100 | get 0.0100% / 8h | 1h 26m | $1.8M | $1.0M | 50x |
Kraken Futures PF_BICOUSD
MEXC BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Kraken Futures. 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
- −$337.79
- Price spread: +0.260% → 0.000%
- $25.98
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$321.8
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 5 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 2.24 bp | 5.1 bp −$5 | 28.7 bp −$287 | 154.5 bp −$15.5K | 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: 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 | 0.02239 | −0.028% | $94K | $24K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02246 | +0.297% | $4.0M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02246 | +0.304% | $1.8M | $5.3M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02238 | −0.053% | $364K | $328K | 20x | as long as short |
| MEXC BICO_USDTshort | +0.0100% | 8h | 0.02245 | +0.260% | $1.8M | $1.0M | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02243 | +0.171% | $987K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02243 | +0.171% | $652K | $535K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02235 | −0.204% | $13K | $13K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02244 | +0.229% | $2.2M | $4.0M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02244 | +0.215% | — | $1.7M | — | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
BingX BICO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.1709% | 1h | 0.02239 | long leg | $36K | $64K | 20x |