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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02267 | 0.0100 | pay 0.0100% / 8h | 7h 49m | $1.1M | $1.3M | 20x |
| Short | Binance BICOUSDT | 0.02263 | 0.0100 | get 0.0100% / 8h | 7h 49m | $4.1M | $8.4M | 20x |
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 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: −0.163% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 6 min ago | 4.41 bp | 573.2 bp −$573 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 2.21 bp | 20.7 bp −$21 | 89.2 bp −$892 | 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 | 0.02263 | −0.156% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDTshort | +0.0100% | 8h | 0.02263 | −0.163% | $4.1M | $8.4M | 20x | |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02264 | −0.137% | $2.5M | $3.7M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02261 | −0.265% | $1.9M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02263 | −0.176% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMlong | +0.0100% | 8h | 0.02267 | long leg | $1.1M | $1.3M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02263 | −0.176% | $649K | $459K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02263 | −0.176% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0115% | 8h | 0.02267 | 0.000% | $17K | $5K | — | as long as short |
| Gate BICO_USDT | +0.0340% | 8h | 0.02265 | −0.088% | $405K | $299K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3480% | 1h | 0.02275 | +0.340% | $39K | $52K | 20x | as long as short |
KuCoin BICOUSDTM
Binance BICOUSDT
Aster BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDT
Kraken Futures PF_BICOUSD