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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.045%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,034as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,039as in the Price arb table
costs, in and out, $10k−$1,03410.342% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.045%, 7d avg +0.093%
Together, before fees+0.003%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.047% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.093%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BICOUSDT0.022100.0100pay 0.0100% / 8h5h 08m$623K$503K10x
ShortKuCoin BICOUSDTM0.022110.0100get 0.0100% / 8h5h 08m$964K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$0
Price spread: +0.045% → +0.093%
−$4.75
Slippage, 4 orders
−$1,010.19
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,038.94
Costs to cover
10.342%
Break-even
never at this rate
Slippage from Bitget: live order book, 35 min ago; KuCoin: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 35 min ago4.50 bp22.3 bp −$22110.8 bp −$1,108doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago4.53 bp521.4 bp −$521doesn't fitdoesn't fitdoesn't fit

BICO on 11 exchanges

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 BICOUSDT+0.0100%8h0.02211+0.068%$94K$26K5xas long as short
Binance BICOUSDT+0.0100%8h0.022100.000%$3.9M$8.1M20xas long as short
Bybit BICOUSDT+0.0100%8h0.02210−0.018%$2.1M$3.8M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02211+0.045%$1.8M$4.9M20xas long as short
Gate BICO_USDT+0.0100%8h0.02211+0.045%$358K$296K20xas long as short
MEXC BICO_USDT+0.0100%8h0.022100.000%$1.8M$951K50xas long as short
KuCoin BICOUSDTMshort+0.0100%8h0.02211+0.045%$964K$1.5M20x
Bitget BICOUSDTlong+0.0100%8h0.02210long leg$623K$503K10x
BingX BICO-USDT+0.0100%8h0.02209−0.045%$1.7Mas long as short
Variational Omni BICO+0.0100%8h0.02205−0.222%$13K$13Kas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.0276%1h0.02212+0.103%$38K$64K20xas long as short