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 +0.029%
Price spread now: Gate against MEXC0.000%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$750.753% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+0.032%+$3 · spread now 0.000%, 7d avg +0.048%
Together, before fees+0.070%+$7 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: Gate is 0.048% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BICO_USDT0.022380.0100pay 0.0100% / 8h3h 23m$1.8M$1.1M50x
ShortGate BICO_USDT0.022380.0100get 0.0100% / 8h3h 23m$369K$336K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against MEXC. 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: 0.000% → +0.048%
−$4.8
Slippage, 4 orders
−$60.3
Fee MEXC: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$80.1
Costs to cover
0.753%
Break-even
never at this rate
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 27 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 MEXC live order book, 4 min ago2.23 bp5.4 bp −$534.7 bp −$347136.2 bp −$13.6Kdoesn't fit
Sell Gate live order book, 27 min ago13.36 bp33.0 bp −$33doesn't fitdoesn'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%8h0.02241+0.142%$92K$22K5xas long as short
Binance BICOUSDT+0.0100%8h0.02239+0.025%$4.0M$8.4M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.022380.000%$1.8M$5.1M20xas long as short
Gate BICO_USDTshort+0.0100%8h0.022380.000%$369K$336K20x
MEXC BICO_USDTlong+0.0100%8h0.02238long leg$1.8M$1.1M50x
Bitget BICOUSDT+0.0100%8h0.02240+0.089%$649K$522K10xas long as short
Bybit BICOUSDT+0.0101%8h0.02240+0.067%$2.3M$3.8M20xas long as short
BingX BICO-USDT+0.0101%8h0.02239+0.045%$1.7Mas long as short
Variational Omni BICO+0.0139%8h0.02243+0.207%$14K$8Kas long as short
KuCoin BICOUSDTM+0.0277%8h0.02239+0.045%$1.0M$1.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3892%1h0.02253+0.651%$35K$59K20xas long as short