Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: OKX against Bitget−0.089%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1071.070% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now −0.089%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.043% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BICOUSDT | 0.02247 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $644K | $450K | 10x |
| Short | OKX BICO-USDT-SWAP | 0.02245 | 0.0100 | get 0.0050% / 4h | 2h 11m | $1.8M | $5.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.089% → −0.046%
- −$4.31
- Slippage, 4 orders
- −$85.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$111.35
- Costs to cover
- 1.070%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 9 min ago; OKX: live order book, 1 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, 9 min ago | 6.65 bp | 37.0 bp −$37 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.23 bp | 24.9 bp −$25 | doesn't fit | 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 | +0.054% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02245 | −0.089% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02247 | +0.022% | $2.4M | $3.7M | 20x | as long as short |
| OKX BICO-USDT-SWAPshort | +0.0100% | 4h | 0.02245 | −0.089% | $1.8M | $5.3M | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02245 | −0.089% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02248 | +0.045% | $996K | $1.2M | 20x | as long as short |
| Bitget BICOUSDTlong | +0.0100% | 8h | 0.02247 | long leg | $644K | $450K | 10x | |
| BingX BICO-USDT | +0.0100% | 8h | 0.02245 | −0.089% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | +0.340% | $16K | $4K | — | as long as short |
| Gate BICO_USDT | +0.0242% | 8h | 0.02250 | +0.134% | $401K | $313K | 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 | +0.5164% | 1h | 0.02256 | +0.416% | $40K | $47K | 20x | as long as short |
Bitget BICOUSDT
OKX BICO-USDT-SWAP
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDT
Kraken Futures PF_BICOUSD