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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BICO_USDT | 0.02238 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $1.8M | $1.1M | 50x |
| Short | Gate BICO_USDT | 0.02238 | 0.0100 | get 0.0100% / 8h | 3h 23m | $369K | $336K | 20x |
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 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: 0.000% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 4 min ago | 2.23 bp | 5.4 bp −$5 | 34.7 bp −$347 | 136.2 bp −$13.6K | doesn't fit |
| Sell Gate live order book, 27 min ago | 13.36 bp | 33.0 bp −$33 | doesn't fit | 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 | 0.02241 | +0.142% | $92K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02239 | +0.025% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02238 | 0.000% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDTshort | +0.0100% | 8h | 0.02238 | 0.000% | $369K | $336K | 20x | |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02238 | long leg | $1.8M | $1.1M | 50x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02240 | +0.089% | $649K | $522K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02240 | +0.067% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02239 | +0.045% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0139% | 8h | 0.02243 | +0.207% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0277% | 8h | 0.02239 | +0.045% | $1.0M | $1.4M | 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 | +0.3892% | 1h | 0.02253 | +0.651% | $35K | $59K | 20x | as long as short |
MEXC BICO_USDT
Gate BICO_USDT
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Bitget BICOUSDT
Bybit BICOUSDT
BingX BICO-USDT
Variational Omni BICO
KuCoin BICOUSDTM
Kraken Futures PF_BICOUSD