Funding you earn now, next payment 03:00 UTC−0.6991%/8h= −765.5% APRpaid last 24h −0.873%
Price spread now: Aster against Kraken Futures−0.874%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.377%−$238 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$210 a day on $10k at the current rate, and Aster is 0.874% cheaper against Kraken Futures than usual: you would sell low and buy high (−$87 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.377% in total (about -123.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02282 | 0.7091 | pay 0.0886% / 1h | 9m 26s | $38K | $56K | 20x |
| Short | Aster BICOUSDT | 0.02262 | 0.0100 | get 0.0100% / 8h | 5h 09m | $94K | $20K | 5x |
Kraken Futures PF_BICOUSD
Aster BICOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$1,468.02
- Price spread: −0.874% → 0.000%
- −$87.42
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$1,573.44
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Aster: no order-book sample. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Kraken Futures and Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 BICOUSDTshort | +0.0100% | 8h | 0.02262 | −0.874% | $94K | $20K | 5x | |
| Binance BICOUSDT | +0.0100% | 8h | 0.02258 | −1.034% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02258 | −1.052% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02258 | −1.052% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02258 | −1.052% | $640K | $496K | 10x | as long as short |
| Variational Omni BICO | +0.0310% | 8h | 0.02262 | −0.888% | $14K | $8K | — | as long as short |
| Gate BICO_USDT | +0.0356% | 8h | 0.02261 | −0.921% | $382K | $339K | 20x | as long as short |
| Bybit BICOUSDT | +0.0360% | 8h | 0.02260 | −0.978% | $2.4M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0378% | 8h | 0.02260 | −0.965% | — | $1.7M | — | as long as short |
| KuCoin BICOUSDTM | +0.0416% | 8h | 0.02261 | −0.921% | $1.1M | $1.3M | 20x | as long as short |
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
Gate BICO_USDT
Bybit BICOUSDT
BingX BICO-USDT
KuCoin BICOUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | +0.7091% | 1h | 0.02282 | long leg | $38K | $56K | 20x |