Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget+0.075%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$1031.025% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now +0.075%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.087% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BICOUSDT | 0.02248 | 0.0100 | pay 0.0100% / 8h | 3h 55m | $650K | $519K | 10x |
| Short | Binance BICOUSDT | 0.02250 | 0.0100 | get 0.0100% / 8h | 3h 55m | $4.0M | $8.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $0
- Price spread: +0.075% → −0.012%
- $8.74
- Slippage, 4 orders
- −$80.55
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.81
- Costs to cover
- 1.025%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 60 min ago; Binance: live order book, 14 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 Bitget live order book, 60 min ago | 6.69 bp | 39.5 bp −$39 | 174.6 bp −$1,746 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.22 bp | 18.0 bp −$18 | 101.7 bp −$1,017 | 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 | 0.02248 | −0.017% | $93K | $22K | 5x | as long as short |
| Binance BICOUSDTshort | +0.0100% | 8h | 0.02250 | +0.075% | $4.0M | $8.4M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02253 | +0.222% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02248 | 0.000% | $374K | $322K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02249 | +0.044% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDTlong | +0.0100% | 8h | 0.02248 | long leg | $650K | $519K | 10x | |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02250 | +0.067% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02250 | +0.089% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0163% | 8h | 0.02247 | −0.035% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTM | +0.0346% | 8h | 0.02252 | +0.178% | $1.1M | $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_BICOUSD | +0.3901% | 1h | 0.02247 | −0.034% | $37K | $57K | 20x | as long as short |
Bitget BICOUSDT
Binance BICOUSDT
Aster BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
Bybit BICOUSDT
BingX BICO-USDT
Variational Omni BICO
KuCoin BICOUSDTM
Kraken Futures PF_BICOUSD