Settings8H · net · $10k
Funding arb · Price arb /

BICO

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 7 days+2.609%+$261 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BICO_USDT0.022450.0100pay 0.0100% / 8h1h 26m$1.8M$1.0M50x
ShortKraken Futures PF_BICOUSD0.022390.1709get 0.0214% / 1h26m 28s$36K$64K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago2.24 bp4.4 bp −$426.3 bp −$263163.6 bp −$16.4Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h0.02239−0.287%$94K$24K5xas long as short
Binance BICOUSDT+0.0100%8h0.02246+0.037%$4.0M$8.5M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02246+0.045%$1.8M$5.3M20xas long as short
Gate BICO_USDT+0.0100%8h0.02238−0.312%$364K$328K20xas long as short
MEXC BICO_USDTlong+0.0100%8h0.02245long leg$1.8M$1.0M50x
KuCoin BICOUSDTM+0.0100%8h0.02243−0.089%$987K$1.5M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02243−0.089%$652K$535K10xas long as short
Variational Omni BICO+0.0100%8h0.02235−0.463%$13K$13Kas long as short
Bybit BICOUSDT+0.0101%8h0.02244−0.031%$2.2M$4.0M20xas long as short
BingX BICO-USDT+0.0101%8h0.02244−0.045%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSDshort+0.1709%1h0.02239−0.259%$36K$64K20x