Funding you earn now, next payment 08:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against KuCoin−0.136%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costs−$774as in the Funding arb table
Net, price: spread back to 7d avg − costs−$774as in the Price arb table
costs, in and out, $10k−$7737.729% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.136%, 7d avg −0.121%
=The price spread sits at its 7-day average of −0.121%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BICOUSDTM | 0.02198 | 0.0116 | pay 0.0116% / 8h | 2h 26m | $969K | $1.5M | 20x |
| Short | MEXC BICO_USDT | 0.02195 | 0.0100 | get 0.0100% / 8h | 2h 26m | $1.8M | $1.1M | 50x |
KuCoin BICOUSDTM
MEXC BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.36
- Price spread: −0.136% → −0.121%
- −$1.57
- Slippage, 4 orders
- −$760.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$777.85
- Costs to cover
- 7.729%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 5 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, 4 min ago | 4.52 bp | 526.9 bp −$527 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 2.26 bp | 5.2 bp −$5 | 29.2 bp −$292 | 165.4 bp −$16.5K | 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 | 0.02198 | −0.013% | $92K | $24K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02197 | −0.035% | $3.9M | $8.5M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02199 | +0.045% | $1.8M | $5.1M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02195 | −0.136% | $359K | $337K | 20x | as long as short |
| MEXC BICO_USDTshort | +0.0100% | 8h | 0.02195 | −0.136% | $1.8M | $1.1M | 50x | |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02197 | −0.045% | $640K | $547K | 10x | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02197 | −0.041% | $2.2M | $4.0M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02201 | +0.136% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0101% | 8h | 0.02210 | +0.533% | $13K | $10K | — | as long as short |
| KuCoin BICOUSDTMlong | +0.0116% | 8h | 0.02198 | long leg | $969K | $1.5M | 20x |
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
Gate 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_BICOUSD | +0.3219% | 1h | 0.02197 | −0.025% | $35K | $63K | 20x | as long as short |
Kraken Futures PF_BICOUSD