Funding you earn now, next payment 00:00 UTC−0.0166%/8h= −18.2% APRnext payment −$1.66 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.089%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$677as in the Funding arb table
Net, price: spread back to 7d avg − costs−$674as in the Price arb table
costs, in and out, $10k−$6776.770% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.089%, 7d avg +0.056%
=The price spread pays, funding is against you. KuCoin is 0.032% dearer against Gate than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.056%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BICO_USDT | 0.02257 | 0.0266 | pay 0.0266% / 8h | 1h 06m | $404K | $311K | 20x |
| Short | KuCoin BICOUSDTM | 0.02259 | 0.0100 | get 0.0100% / 8h | 1h 06m | $999K | $1.2M | 20x |
Gate BICO_USDT
KuCoin BICOUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$34.86
- Price spread: +0.089% → +0.056%
- $3.24
- Slippage, 4 orders
- −$650.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$708.63
- Costs to cover
- 6.770%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 9 min ago | 6.65 bp | 35.4 bp −$35 | 110.1 bp −$1,101 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 4.43 bp | 335.4 bp −$335 | doesn't fit | 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 | 0.02258 | +0.025% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02260 | +0.143% | $4.1M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02260 | +0.133% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02259 | +0.089% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMshort | +0.0100% | 8h | 0.02259 | +0.089% | $999K | $1.2M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02258 | +0.044% | $653K | $458K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02258 | +0.060% | $16K | $5K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02261 | +0.155% | $2.4M | $3.7M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02260 | +0.133% | — | $1.7M | — | as long as short |
| Gate BICO_USDTlong | +0.0266% | 8h | 0.02257 | long leg | $404K | $311K | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
BingX BICO-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.2606% | 1h | 0.02274 | +0.755% | $41K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD