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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0421%/8h= +46.1% APRnext payment +$4.21 per $10,000 · paid last 24h +0.014%
Price spread now: Bybit against Aster−0.104%7-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−0.001%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Bybit is 0.104% cheaper against Aster than usual: you would sell low and buy high (spread −0.104% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BICOUSDT0.022510.0100pay 0.0100% / 8h5h 39m$94K$20K5x
ShortBybit BICOUSDT0.022490.0521get 0.0521% / 8h5h 39m$2.4M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
$88.36
Price spread: −0.104% → 0.000%
−$10.45
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$58.91
Costs to cover
0.190%
Break-even
2.3 days
Slippage unknown: Aster: no order-book sample; Bybit: live order book, 3 min ago. 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 Aster no order-book sample
Sell Bybit live order book, 3 min ago4.66 bp37.1 bp −$37doesn't fitdoesn't fitdoesn't fit
Aster: 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 BICOUSDTlong+0.0100%8h0.02251long leg$94K$20K5x
Binance BICOUSDT+0.0100%8h0.02248−0.136%$4.1M$8.5M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02248−0.127%$1.9M$5.2M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02246−0.216%$1.8M$1.0M50xas long as short
Bitget BICOUSDT+0.0100%8h0.02248−0.127%$638K$499K10xas long as short
Variational Omni BICO+0.0333%8h0.02251+0.025%$14K$8Kas long as short
KuCoin BICOUSDTM+0.0409%8h0.02252+0.051%$1.1M$1.3M20xas long as short
Bybit BICOUSDTshort+0.0521%8h0.02249−0.104%$2.4M$3.8M20x
BingX BICO-USDT+0.0534%8h0.02249−0.082%$1.7Mas long as short
Gate BICO_USDT+0.0566%8h0.02251+0.007%$381K$337K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.7121%1h0.02272+0.947%$37K$56K20xas long as short