Funding you earn now, next payment 01:00 UTC+0.3376%/8h= +369.7% APRpaid last 24h +0.726%
Price spread now: Kraken Futures against Bitget+0.581%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—needs both histories
Both sides work for this trade now. Funding pays +$101 a day on $10k at the current rate, and Kraken Futures is 0.581% dearer against Bitget than usual: you sell high and buy low: +$58 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 | Bitget BICOUSDT | 0.02264 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $646K | $458K | 10x |
| Short | Kraken Futures PF_BICOUSD | 0.02277 | 0.3476 | get 0.0435% / 1h | 32m 08s | $39K | $52K | 20x |
Bitget BICOUSDT
Kraken Futures PF_BICOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $709
- Price spread: +0.581% → 0.000%
- $58.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $745.09
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 38 min ago; 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 Bitget live order book, 38 min ago | 4.44 bp | 19.9 bp −$20 | 87.4 bp −$874 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | 0.02264 | 0.000% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02264 | +0.015% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02265 | +0.044% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02263 | −0.044% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02268 | +0.177% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDTlong | +0.0100% | 8h | 0.02264 | long leg | $646K | $458K | 10x | |
| Variational Omni BICO | +0.0127% | 8h | 0.02266 | +0.079% | $16K | $5K | — | as long as short |
| BingX BICO-USDT | +0.0220% | 8h | 0.02265 | +0.044% | — | $1.7M | — | as long as short |
| Bybit BICOUSDT | +0.0300% | 8h | 0.02267 | +0.110% | $2.5M | $3.7M | 20x | as long as short |
| Gate BICO_USDT | +0.0471% | 8h | 0.02265 | +0.044% | $405K | $300K | 20x | as long as short |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Variational Omni BICO
BingX BICO-USDT
Bybit BICOUSDT
Gate BICO_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDshort | +0.3476% | 1h | 0.02277 | +0.581% | $39K | $52K | 20x |