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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.3748%/8h= +410.4% APRpaid last 24h +1.054%
Price spread now: Kraken Futures against Variational Omni+0.509%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$112 a day on $10k at the current rate, and Kraken Futures is 0.509% dearer against Variational Omni than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BICO0.022450.0138pay 0.0138% / 8h3h 20m$14K$8K
ShortKraken Futures PF_BICOUSD0.022560.3885get 0.0486% / 1h20m 52s$35K$59K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
$787.03
Price spread: +0.509% → 0.000%
$50.93
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$827.96
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and 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%8h0.02242−0.116%$92K$22K5xas long as short
Binance BICOUSDT+0.0100%8h0.02242−0.136%$4.0M$8.4M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02243−0.092%$1.8M$5.1M20xas long as short
Gate BICO_USDT+0.0100%8h0.02241−0.181%$369K$336K20xas long as short
MEXC BICO_USDT+0.0100%8h0.02242−0.136%$1.8M$1.1M50xas long as short
Bitget BICOUSDT+0.0100%8h0.02242−0.136%$650K$521K10xas long as short
Bybit BICOUSDT+0.0101%8h0.02243−0.096%$2.3M$3.8M20xas long as short
BingX BICO-USDT+0.0101%8h0.02240−0.225%$1.7Mas long as short
Variational Omni BICOlong+0.0138%8h0.02245long leg$14K$8K
KuCoin BICOUSDTM+0.0271%8h0.02241−0.181%$1.0M$1.4M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSDshort+0.3885%1h0.02256+0.509%$35K$59K20x