Settings8H · net · $10k
Funding arb · Price arb /

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.6801%/8h= −744.7% APRpaid last 24h −0.780%
Price spread now: Variational Omni against Kraken Futures+0.652%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.652% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.652% now, against zero (this spread has no 7-day history yet)): +$65 on $10k if it goes back. Holding the pair costs −$204 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BICOUSD0.022600.7159pay 0.0895% / 1h55m 03s$39K$54K20x
ShortVariational Omni BICO0.022750.0358get 0.0358% / 8h5h 55m$14K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$1,428.19
Price spread: +0.652% → 0.000%
$65.23
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$1,372.97
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Variational Omni no order-book sample
Kraken Futures and Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h0.02262+0.069%$94K$20K5xas long as short
Binance BICOUSDT+0.0100%8h0.02262+0.068%$4.1M$8.4M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02262+0.083%$1.9M$5.2M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02259−0.050%$1.7M$1.0M50xas long as short
Bitget BICOUSDT+0.0100%8h0.02260−0.006%$642K$499K10xas long as short
Variational Omni BICOshort+0.0358%8h0.02275+0.652%$14K$8K
KuCoin BICOUSDTM+0.0424%8h0.02266+0.260%$1.1M$1.3M20xas long as short
BingX BICO-USDT+0.0720%8h0.02261+0.038%$1.7Mas long as short
Bybit BICOUSDT+0.0722%8h0.02261+0.060%$2.4M$3.7M20xas long as short
Gate BICO_USDT+0.0813%8h0.02264+0.171%$383K$337K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSDlong+0.7159%1h0.02260long leg$39K$54K20x