Funding you earn now, next payment 11:00 UTC−0.0173%/8h= −18.9% APRpaid last 24h −1.252%
Price spread now: Variational Omni against Kraken Futures−0.685%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.685% cheaper against Kraken Futures than usual: you would sell low and buy high (−$69 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02239 | 0.0273 | pay 0.0034% / 1h | 49m 22s | $39K | $64K | 20x |
| Short | Variational Omni BICO | 0.02223 | 0.0100 | get 0.0100% / 8h | 5h 49m | $13K | $13K | — |
Kraken Futures PF_BICOUSD
Variational Omni BICOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$36.23
- Price spread: −0.685% → 0.000%
- −$68.53
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$114.76
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and Variational Omni: 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 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 | 0.02223 | −0.711% | $94K | $24K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02222 | −0.738% | $3.9M | $8.1M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02222 | −0.752% | $2.1M | $3.8M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02222 | −0.738% | $1.8M | $4.9M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02225 | −0.604% | $362K | $289K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02221 | −0.783% | $1.8M | $947K | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02224 | −0.649% | $974K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02222 | −0.738% | $617K | $505K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02220 | −0.827% | — | $1.7M | — | as long as short |
| Variational Omni BICOshort | +0.0100% | 8h | 0.02223 | −0.685% | $13K | $13K | — |
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.0273% | 1h | 0.02239 | long leg | $39K | $64K | 20x |