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+0.2650%/8h= +290.2% APRpaid last 24h +1.164%
Price spread now: Kraken Futures against Aster+0.453%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 7 days+2.603%+$260 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
Both sides work for this trade now. Funding pays +$80 a day on $10k at the current rate, and Kraken Futures is 0.453% dearer against Aster than usual: you sell high and buy low: +$45 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BICOUSDT0.022260.0100pay 0.0100% / 8h19m 06s$93K$23K5x
ShortKraken Futures PF_BICOUSD0.022360.2750get 0.0344% / 1h19m 06s$38K$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$556.58
Price spread: +0.453% → 0.000%
$45.32
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$583.91
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Aster: 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 Aster no order-book sample
Sell Kraken Futures no order-book sample
Aster 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 BICOUSDTlong+0.0100%8h0.02226long leg$93K$23K5x
Binance BICOUSDT+0.0100%8h0.02225−0.038%$3.9M$8.5M20xas long as short
Bybit BICOUSDT+0.0100%8h0.02225−0.056%$2.1M$4.0M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02226+0.007%$1.8M$5.2M20xas long as short
Gate BICO_USDT+0.0100%8h0.02223−0.128%$360K$329K20xas long as short
MEXC BICO_USDT+0.0100%8h0.02225−0.038%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02226+0.007%$975K$1.5M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02225−0.038%$648K$527K10xas long as short
BingX BICO-USDT+0.0100%8h0.02224−0.083%$1.7Mas long as short
Variational Omni BICO+0.0100%8h0.02220−0.251%$13K$13Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSDshort+0.2750%1h0.02236+0.453%$38K$66K20x