Funding you earn now, next payment 07:00 UTC+0.1609%/8h= +176.1% APRpaid last 24h +1.147%
Price spread now: Kraken Futures against MEXC−0.259%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.609%+$261 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.259% cheaper against MEXC than usual: you would sell low and buy high (spread −0.259% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 13 hours of funding at the current rate (+$48 a day). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BICO_USDT | 0.02245 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $1.8M | $1.0M | 50x |
| Short | Kraken Futures PF_BICOUSD | 0.02239 | 0.1709 | get 0.0214% / 1h | 26m 28s | $36K | $64K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $337.79
- Price spread: −0.259% → 0.000%
- −$25.91
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $301.87
- Costs to cover
- 0.100%
- Break-even
- 0.7 days
Slippage unknown: MEXC: live order book, 5 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 5 min ago | 2.24 bp | 4.4 bp −$4 | 26.3 bp −$263 | 163.6 bp −$16.4K | doesn'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: 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 | 0.02239 | −0.287% | $94K | $24K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02246 | +0.037% | $4.0M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02246 | +0.045% | $1.8M | $5.3M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02238 | −0.312% | $364K | $328K | 20x | as long as short |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02245 | long leg | $1.8M | $1.0M | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02243 | −0.089% | $987K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02243 | −0.089% | $652K | $535K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02235 | −0.463% | $13K | $13K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02244 | −0.031% | $2.2M | $4.0M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02244 | −0.045% | — | $1.7M | — | 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_BICOUSDshort | +0.1709% | 1h | 0.02239 | −0.259% | $36K | $64K | 20x |
MEXC BICO_USDT
Kraken Futures PF_BICOUSD
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
BingX BICO-USDT