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

BICO

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Alert: funding
Alert: spread
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: Gate against Bybit−0.004%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1461.464% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.004%, 7d avg −0.003%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BICOUSDT0.022700.0100pay 0.0100% / 8h7h 57m$2.5M$3.7M20x
ShortGate BICO_USDT0.022700.0100get 0.0100% / 8h7h 57m$405K$298K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.004% → −0.003%
−$0.09
Slippage, 4 orders
−$120.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$146.51
Costs to cover
1.464%
Break-even
never at this rate
Slippage from Bybit: live order book, 10 min ago; Gate: live order book, 13 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, 10 min ago1.77 bp42.5 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 13 min ago15.52 bp36.3 bp −$36742.8 bp −$7,428doesn't fitdoesn't fit

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%8h0.02270−0.019%$95K$18K5xas long as short
Binance BICOUSDT+0.0100%8h0.02271+0.040%$4.1M$8.4M20xas long as short
Bybit BICOUSDTlong+0.0100%8h0.02270long leg$2.5M$3.7M20x
OKX BICO-USDT-SWAP+0.0100%4h0.02269−0.048%$1.9M$5.3M20xas long as short
Gate BICO_USDTshort+0.0100%8h0.02270−0.004%$405K$298K20x
MEXC BICO_USDT+0.0100%8h0.02271+0.040%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02275+0.216%$1.1M$1.3M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02269−0.048%$650K$454K10xas long as short
BingX BICO-USDT+0.0100%8h0.02269−0.048%$1.7Mas long as short
Variational Omni BICO+0.0111%8h0.02267−0.126%$16K$5Kas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3457%1h0.02290+0.859%$41K$48K20xas long as short