Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: BingX against Gate+0.090%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$940.943% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.090%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.102% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BICO_USDT | 0.02220 | 0.0100 | pay 0.0100% / 8h | 2h 15m | $362K | $340K | 20x |
| Short | BingX BICO-USDT | 0.02222 | 0.0101 | get 0.0101% / 8h | 2h 15m | — | $1.7M | — |
Gate BICO_USDT
BingX BICO-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $0.21
- Price spread: +0.090% → −0.012%
- $10.22
- Slippage, 4 orders
- −$69.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$83.87
- Costs to cover
- 0.943%
- Break-even
- 2802.6 days
Slippage from Gate: live order book, 29 min ago; BingX: live order book, 2 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, 29 min ago | 11.17 bp | 28.2 bp −$28 | 106.7 bp −$1,067 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 6.76 bp | 19.7 bp −$20 | 58.4 bp −$584 | 579.4 bp −$57.9K | 1147.2 bp −$573.6K |
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 | 0.02221 | +0.066% | $93K | $24K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02221 | +0.045% | $3.9M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02223 | +0.135% | $1.8M | $5.2M | 20x | as long as short |
| Gate BICO_USDTlong | +0.0100% | 8h | 0.02220 | long leg | $362K | $340K | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02221 | +0.045% | $1.8M | $1.1M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02224 | +0.180% | $980K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02222 | +0.090% | $647K | $545K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02216 | −0.198% | $12K | $12K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02222 | +0.095% | $2.2M | $4.0M | 20x | as long as short |
| BingX BICO-USDTshort | +0.0101% | 8h | 0.02222 | +0.090% | — | $1.7M | — |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3181% | 1h | 0.02224 | +0.188% | $36K | $63K | 20x | as long as short |
Kraken Futures PF_BICOUSD