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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BICO | 0.02245 | 0.0138 | pay 0.0138% / 8h | 3h 20m | $14K | $8K | — |
| Short | Kraken Futures PF_BICOUSD | 0.02256 | 0.3885 | get 0.0486% / 1h | 20m 52s | $35K | $59K | 20x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02242 | −0.116% | $92K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02242 | −0.136% | $4.0M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02243 | −0.092% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02241 | −0.181% | $369K | $336K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02242 | −0.136% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02242 | −0.136% | $650K | $521K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02243 | −0.096% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02240 | −0.225% | — | $1.7M | — | as long as short |
| Variational Omni BICOlong | +0.0138% | 8h | 0.02245 | long leg | $14K | $8K | — | |
| KuCoin BICOUSDTM | +0.0271% | 8h | 0.02241 | −0.181% | $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_BICOUSDshort | +0.3885% | 1h | 0.02256 | +0.509% | $35K | $59K | 20x |
Variational Omni BICO
Kraken Futures PF_BICOUSD
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
Bitget BICOUSDT
Bybit BICOUSDT
BingX BICO-USDT
KuCoin BICOUSDTM