Spread before costs (cost unknown: a leg has no order-book sample)−0.234%
7d average—if it closes, per $10,000$23funding while held, a day−$52.27
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BICOUSD | 0.02222 | 0.1842 | pay 0.0230% / 1h | 57m 48s | $39K | $42K | 20x |
| Short | Binance BICOUSDT | 0.02217 | 0.0100 | get 0.0100% / 8h | 5h 57m | $4.0M | $8.7M | 20x |
Kraken Futures PF_BICOUSD
Binance BICOUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$23.38
- Funding while held
- −$52.27
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.65
- Spread needed to break even
- 0.200%
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1742%
- Per $10,000 a day
- −$52.27
- Average in range /8h
- —
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 Binance live order book, 13 min ago | 2.25 bp | 19.7 bp −$20 | 89.9 bp −$899 | doesn't fit | doesn't fit |
Kraken Futures: 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 price on every exchange
against the cheapest. Click to use as the short leg.Gate0.02214cheapestAster0.02215+0.056%MEXC0.02216+0.090%Bitget0.02216+0.090%
Gate
Aster
MEXC
BitgetBinance0.02217+0.131%
KuCoin0.02217+0.136%Bybit0.02218+0.176%BingX0.02218+0.181%OKX0.02219+0.226%Variational Omni0.02220+0.249%
KuCoin
Bybit
BingX
OKX
Variational OmniKraken Futures0.02222+0.366%
BICO on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BICO_USDT | −0.364% | +0.0100% | 8h | $395K | $336K | 20x | as long as short |
| Aster BICOUSDT | −0.308% | +0.0100% | 8h | $92K | $21K | 5x | as long as short |
| MEXC BICO_USDT | −0.274% | +0.0100% | 8h | $1.6M | $1.0M | 50x | as long as short |
| Bitget BICOUSDT | −0.274% | +0.0100% | 8h | $634K | $454K | 10x | as long as short |
| Binance BICOUSDTshort | −0.234% | +0.0100% | 8h | $4.0M | $8.7M | 20x | |
| KuCoin BICOUSDTM | −0.229% | +0.0100% | 8h | $994K | $1.3M | 20x | as long as short |
| Bybit BICOUSDT | −0.189% | +0.0100% | 8h | $2.4M | $3.9M | 20x | as long as short |
| BingX BICO-USDT | −0.184% | +0.0100% | 8h | — | $1.7M | — | as long as short |
| OKX BICO-USDT-SWAP | −0.139% | +0.0100% | 4h | $1.8M | $5.6M | 20x | as long as short |
| Variational Omni BICO | −0.116% | +0.0100% | 8h | $15K | $3K | — | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDlong | 0.000% | +0.1842% | 1h | $39K | $42K | 20x |