Settings8H · net · $10k
Funding arb · Price arb /

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.163%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$938as in the Funding arb table
Net, price: spread back to 7d avg − costs−$942as in the Price arb table
costs, in and out, $10k−$9379.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.163%, 7d avg −0.113%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.050% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BICOUSDTM0.022670.0100pay 0.0100% / 8h7h 49m$1.1M$1.3M20x
ShortBinance BICOUSDT0.022630.0100get 0.0100% / 8h7h 49m$4.1M$8.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.163% → −0.113%
−$5.03
Slippage, 4 orders
−$915.46
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$942.5
Costs to cover
9.375%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago4.41 bp573.2 bp −$573doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago2.21 bp20.7 bp −$2189.2 bp −$892doesn't fitdoesn't fit

BICO on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h0.02263−0.156%$94K$19K5xas long as short
Binance BICOUSDTshort+0.0100%8h0.02263−0.163%$4.1M$8.4M20x
Bybit BICOUSDT+0.0100%8h0.02264−0.137%$2.5M$3.7M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02261−0.265%$1.9M$5.3M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02263−0.176%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTMlong+0.0100%8h0.02267long leg$1.1M$1.3M20x
Bitget BICOUSDT+0.0100%8h0.02263−0.176%$649K$459K10xas long as short
BingX BICO-USDT+0.0100%8h0.02263−0.176%$1.7Mas long as short
Variational Omni BICO+0.0115%8h0.022670.000%$17K$5Kas long as short
Gate BICO_USDT+0.0340%8h0.02265−0.088%$405K$299K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3480%1h0.02275+0.340%$39K$52K20xas long as short