Funding you earn now, next payment 08:00 UTC−0.0325%/8h= −35.6% APRnext payment −$3.25 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.132%7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$822as in the Funding arb table
Net, price: spread back to 7d avg − costs−$823as in the Price arb table
costs, in and out, $10k−$8218.213% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.132%, 7d avg −0.118%
=The price spread sits at its 7-day average of −0.118%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02268 | 0.0425 | pay 0.0425% / 8h | 5h 51m | $1.1M | $1.3M | 20x |
| Short | MEXC BICO_USDT | 0.02265 | 0.0100 | get 0.0100% / 8h | 5h 51m | $1.8M | $1.0M | 50x |
KuCoin BICOUSDTM
MEXC BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$68.25
- Price spread: −0.132% → −0.118%
- −$1.39
- Slippage, 4 orders
- −$809.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$890.92
- Costs to cover
- 8.213%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; MEXC: 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, 4 min ago | 6.61 bp | 652.2 bp −$652 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.20 bp | 5.3 bp −$5 | 34.8 bp −$348 | 150.1 bp −$15.0K | 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 | −0.216% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02266 | −0.088% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02266 | −0.088% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDTshort | +0.0100% | 8h | 0.02265 | −0.132% | $1.8M | $1.0M | 50x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02264 | −0.176% | $643K | $499K | 10x | as long as short |
| Variational Omni BICO | +0.0358% | 8h | 0.02275 | +0.303% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMlong | +0.0425% | 8h | 0.02268 | long leg | $1.1M | $1.3M | 20x | |
| Bybit BICOUSDT | +0.0685% | 8h | 0.02265 | −0.123% | $2.4M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0720% | 8h | 0.02265 | −0.132% | — | $1.7M | — | as long as short |
| Gate BICO_USDT | +0.0766% | 8h | 0.02264 | −0.176% | $383K | $337K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
BingX BICO-USDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.7097% | 1h | 0.02280 | +0.530% | $38K | $56K | 20x | as long as short |
Kraken Futures PF_BICOUSD