data as of
Settings8H · net · $10k
Funding arb /

BICO

all BICO markets
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Funding spread now, next payment 18:00 UTC+0.2828%/8h
paid, last 24h+0.401%paid, last 4 days+0.963%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 0.963% in total (about 95.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin BICOUSDTM0.022610.0100pay 0.0100% / 8h6h 26m$1.0M$1.3M20x
ShortKraken Futures PF_BICOUSD0.022660.2928get 0.0366% / 1h26m 09s$41K$37K20x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$593.87
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$571.87
Break-even
0.3 days
Slippage unknown: KuCoin: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Price risk

price view
Price gap now
+0.226%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

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, 5 min ago4.42 bp243.8 bp −$244doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h$94K$23K5xas long as short
Binance BICOUSDT+0.0100%8h$4.1M$8.6M20xas long as short
Bybit BICOUSDT+0.0100%8h$2.5M$3.8M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h$1.8M$5.6M20xas long as short
MEXC BICO_USDT+0.0100%8h$1.9M$939K50xas long as short
KuCoin BICOUSDTMlong+0.0100%8h$1.0M$1.3M20x
Bitget BICOUSDT+0.0100%8h$652K$450K10xas long as short
BingX BICO-USDT+0.0100%8h$1.7Mas long as short
Variational Omni BICO+0.0100%8h$15K$3Kas long as short
Gate BICO_USDT+0.0269%8h$404K$339K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_BICOUSDshort+0.2928%1h$41K$37K20x