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

BICO

all BICO markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bybit−0.053%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1611.605% 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 7 days−0.094%−$9 · spread now −0.053%, 7d avg −0.033%
Together, before fees−0.094%−$9 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: BingX is 0.021% cheaper against Bybit than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BICOUSDT0.022490.0100pay 0.0100% / 8h2h 12m$2.4M$3.7M20x
ShortBingX BICO-USDT0.022480.0100get 0.0100% / 8h2h 12m$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: −0.053% → −0.033%
−$2.08
Slippage, 4 orders
−$139.53
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$162.61
Costs to cover
1.605%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 5 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 Bybit live order book, 5 min ago0.67 bp76.2 bp −$76doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 5 min ago6.66 bp19.3 bp −$1946.2 bp −$462616.1 bp −$61.6K1121.9 bp −$561.0K

BICO on 11 venues

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%8h0.02250+0.045%$94K$20K5xas long as short
Binance BICOUSDT+0.0100%8h0.02248−0.053%$4.1M$8.6M20xas long as short
Bybit BICOUSDTlong+0.0100%8h0.02249long leg$2.4M$3.7M20x
OKX BICO-USDT-SWAP+0.0100%4h0.02246−0.142%$1.8M$5.3M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02247−0.098%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02250+0.036%$997K$1.2M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02248−0.053%$645K$450K10xas long as short
BingX BICO-USDTshort+0.0100%8h0.02248−0.053%$1.7M
Variational Omni BICO+0.0100%8h0.02255+0.242%$16K$4Kas long as short
Gate BICO_USDT+0.0246%8h0.02250+0.036%$401K$313K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.5157%1h0.02260+0.464%$40K$47K20xas long as short