Funding you earn now, next payment 00:00 UTC+0.0176%/8h= +19.3% APRnext payment +$1.76 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against BingX+0.044%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1061.055% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.044%, 7d avg +0.014%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.031% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BICO-USDT | 0.02265 | 0.0200 | pay 0.0200% / 8h | 1m 43s | — | $1.7M | — |
| Short | Gate BICO_USDT | 0.02266 | 0.0376 | get 0.0376% / 8h | 1m 43s | $405K | $307K | 20x |
BingX BICO-USDT
Gate BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- $36.96
- Price spread: +0.044% → +0.014%
- $3.05
- Slippage, 4 orders
- −$80.52
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$65.51
- Costs to cover
- 1.055%
- Break-even
- 19.4 days
Slippage from BingX: live order book, 5 min ago; Gate: live order book, 9 min ago.
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 BingX live order book, 5 min ago | 4.43 bp | 15.6 bp −$16 | 43.5 bp −$435 | doesn't fit | doesn't fit |
| Sell Gate live order book, 9 min ago | 15.52 bp | 36.3 bp −$36 | 742.8 bp −$7,428 | doesn't fit | doesn't fit |
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 | 0.02260 | −0.215% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02266 | +0.047% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02266 | +0.044% | $1.9M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02265 | 0.000% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02272 | +0.309% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02264 | −0.044% | $648K | $454K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | −0.435% | $16K | $5K | — | as long as short |
| BingX BICO-USDTlong | +0.0200% | 8h | 0.02265 | long leg | — | $1.7M | — | |
| Bybit BICOUSDT | +0.0227% | 8h | 0.02267 | +0.102% | $2.5M | $3.7M | 20x | as long as short |
| Gate BICO_USDTshort | +0.0376% | 8h | 0.02266 | +0.044% | $405K | $307K | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.4090% | 1h | 0.02287 | +0.955% | $41K | $48K | 20x | as long as short |
Kraken Futures PF_BICOUSD