Funding you earn now, next payment 05:00 UTC+0.3569%/8h= +390.8% APRpaid last 24h +1.055%
Price spread now: Kraken Futures against KuCoin−0.183%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+2.526%+$253 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.183% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.183% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 4 hours of funding at the current rate (+$107 a day). At the pace of the last 7 days (+2.526% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02250 | 0.0335 | pay 0.0335% / 8h | 3h 43m | $1.1M | $1.4M | 20x |
| Short | Kraken Futures PF_BICOUSD | 0.02246 | 0.3904 | get 0.0488% / 1h | 43m 15s | $36K | $58K | 20x |
KuCoin BICOUSDTM
Kraken Futures PF_BICOUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $749.45
- Price spread: −0.183% → 0.000%
- −$18.31
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $709.14
- Costs to cover
- 0.220%
- Break-even
- 0.4 days
Slippage unknown: KuCoin: live order book, 2 min ago; Kraken Futures: 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 KuCoin live order book, 2 min ago | 11.11 bp | 537.3 bp −$537 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 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 | 0.02246 | −0.178% | $93K | $22K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02247 | −0.121% | $4.0M | $8.3M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02249 | −0.044% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02245 | −0.222% | $370K | $335K | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02246 | −0.178% | $1.8M | $1.1M | 50x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02246 | −0.178% | $653K | $521K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02248 | −0.080% | $2.3M | $3.8M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02247 | −0.133% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0144% | 8h | 0.02248 | −0.086% | $14K | $8K | — | as long as short |
| KuCoin BICOUSDTMlong | +0.0335% | 8h | 0.02250 | long leg | $1.1M | $1.4M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate BICO_USDT
MEXC BICO_USDT
Bitget BICOUSDT
Bybit BICOUSDT
BingX BICO-USDT
Variational Omni BICOShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDshort | +0.3904% | 1h | 0.02246 | −0.183% | $36K | $58K | 20x |