Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.398%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$610as in the Funding arb table
Net, price: spread back to 7d avg − costs−$638as in the Price arb table
costs, in and out, $10k−$6096.094% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.319%+$32 · spread now −0.398%, 7d avg −0.109%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.288% cheaper against KuCoin than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02262 | 0.0100 | pay 0.0100% / 8h | 18m 18s | $1.1M | $1.3M | 20x |
| Short | Binance BICOUSDT | 0.02253 | 0.0100 | get 0.0100% / 8h | 18m 18s | $4.1M | $8.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- Price spread: −0.398% → −0.109%
- −$28.84
- Slippage, 4 orders
- −$587.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$638.22
- Costs to cover
- 6.094%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Binance: live order book, 6 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 KuCoin live order book, 2 min ago | 4.42 bp | 364.1 bp −$364 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 2.23 bp | 19.7 bp −$20 | 106.0 bp −$1,060 | 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 | 0.02255 | −0.325% | $94K | $18K | 5x | as long as short |
| Binance BICOUSDTshort | +0.0100% | 8h | 0.02253 | −0.398% | $4.1M | $8.4M | 20x | |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02254 | −0.354% | $1.9M | $5.2M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02253 | −0.398% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTMlong | +0.0100% | 8h | 0.02262 | long leg | $1.1M | $1.3M | 20x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02252 | −0.442% | $646K | $454K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02255 | −0.290% | $16K | $5K | — | as long as short |
| BingX BICO-USDT | +0.0118% | 8h | 0.02253 | −0.398% | — | $1.7M | — | as long as short |
| Bybit BICOUSDT | +0.0151% | 8h | 0.02255 | −0.305% | $2.4M | $3.7M | 20x | as long as short |
| Gate BICO_USDT | +0.0324% | 8h | 0.02252 | −0.442% | $403K | $306K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.4143% | 1h | 0.02258 | −0.196% | $41K | $48K | 20x | as long as short |
KuCoin BICOUSDTM
Binance BICOUSDT
Aster BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
Bitget BICOUSDT
Variational Omni BICO
BingX BICO-USDT
Bybit BICOUSDT
Gate BICO_USDT
Kraken Futures PF_BICOUSD