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 −0.014%
Price spread now: KuCoin against Bybit+0.064%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$863as in the Funding arb table
Net, price: spread back to 7d avg − costs−$863as in the Price arb table
costs, in and out, $10k−$8638.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.017%+$2 · spread now +0.064%, 7d avg +0.061%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BICOUSDT0.021950.0100pay 0.0100% / 8h4h 46m$2.0M$3.6M20x
ShortKuCoin BICOUSDTM0.021960.0100get 0.0100% / 8h4h 46m$958K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.064% → +0.061%
$0.31
Slippage, 4 orders
−$840.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$863.1
Costs to cover
8.634%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 3 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 ago2.96 bp50.6 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.56 bp312.6 bp −$313doesn'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%8h0.02193−0.065%$93K$26K5xas long as short
Binance BICOUSDT+0.0100%8h0.02195+0.022%$3.8M$8.0M20xas long as short
Bybit BICOUSDTlong+0.0100%8h0.02195long leg$2.0M$3.6M20x
OKX BICO-USDT-SWAP+0.0100%4h0.02195+0.018%$1.7M$4.8M20xas long as short
Gate BICO_USDT+0.0100%8h0.02196+0.064%$356K$265K20xas long as short
MEXC BICO_USDT+0.0100%8h0.02194−0.027%$1.7M$928K50xas long as short
KuCoin BICOUSDTMshort+0.0100%8h0.02196+0.064%$958K$1.5M20x
Bitget BICOUSDT+0.0100%8h0.02194−0.027%$620K$498K10xas long as short
BingX BICO-USDT+0.0100%8h0.02194−0.027%$1.7Mas long as short
Variational Omni BICO+0.0100%8h0.02194−0.020%$13K$11Kas long as short
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.0614%1h0.02200+0.266%$38K$62K20xas long as short