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: Binance against Gate+0.088%7-day average −0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.088%, 7d avg −0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.129% dearer against Gate than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BICO_USDT | 0.02263 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $404K | $297K | 20x |
| Short | Binance BICOUSDT | 0.02265 | 0.0100 | get 0.0100% / 8h | 7h 57m | $4.1M | $8.5M | 20x |
Gate BICO_USDT
Binance BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: +0.088% → −0.041%
- $12.94
- Slippage, 4 orders
- −$84.26
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.32
- Costs to cover
- 1.093%
- Break-even
- never at this rate
Slippage from Gate: live order book, 12 min ago; Binance: live order book, 11 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 Gate live order book, 12 min ago | 15.52 bp | 35.0 bp −$35 | 160.4 bp −$1,604 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 2.22 bp | 20.3 bp −$20 | 93.1 bp −$931 | 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 | 0.02267 | +0.168% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDTshort | +0.0100% | 8h | 0.02265 | +0.088% | $4.1M | $8.5M | 20x | |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02266 | +0.128% | $2.5M | $3.7M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02262 | −0.044% | $1.9M | $5.3M | 20x | as long as short |
| Gate BICO_USDTlong | +0.0100% | 8h | 0.02263 | long leg | $404K | $297K | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02263 | 0.000% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02272 | +0.398% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02264 | +0.044% | $648K | $454K | 10x | as long as short |
| Variational Omni BICO | +0.0111% | 8h | 0.02267 | +0.188% | $16K | $5K | — | as long as short |
| BingX BICO-USDT | +0.0200% | 8h | 0.02264 | +0.044% | — | $1.7M | — | as long as short |
Aster BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
BingX BICO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3470% | 1h | 0.02281 | +0.816% | $41K | $48K | 20x | as long as short |
Kraken Futures PF_BICOUSD