Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$1.40 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against MEXC+0.178%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$860.855% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.178%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.132% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BICO_USDT | 0.02241 | 0.0100 | pay 0.0100% / 8h | 2h 05m | $1.8M | $1.0M | 50x |
| Short | Gate BICO_USDT | 0.02245 | 0.0240 | get 0.0240% / 8h | 2h 05m | $401K | $313K | 20x |
MEXC BICO_USDT
Gate BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $29.4
- Price spread: +0.178% → +0.046%
- $13.24
- Slippage, 4 orders
- −$70.52
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$42.87
- Costs to cover
- 0.855%
- Break-even
- 17.2 days
Slippage from MEXC: live order book, 11 min ago; Gate: live order book, 14 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 MEXC live order book, 11 min ago | 6.66 bp | 10.1 bp −$10 | 42.9 bp −$429 | 156.9 bp −$15.7K | doesn't fit |
| Sell Gate live order book, 14 min ago | 11.06 bp | 36.5 bp −$36 | 121.2 bp −$1,212 | 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 | 0.02244 | +0.130% | $94K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02239 | −0.070% | $4.1M | $8.6M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02244 | +0.125% | $2.4M | $3.7M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02240 | −0.045% | $1.8M | $5.3M | 20x | as long as short |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02241 | long leg | $1.8M | $1.0M | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02242 | +0.045% | $994K | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02242 | +0.045% | $643K | $447K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02243 | +0.089% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02247 | +0.273% | $16K | $4K | — | as long as short |
| Gate BICO_USDTshort | +0.0240% | 8h | 0.02245 | +0.178% | $401K | $313K | 20x |
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
OKX BICO-USDT-SWAP
KuCoin BICOUSDTM
Bitget 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 | +0.5162% | 1h | 0.02257 | +0.721% | $40K | $47K | 20x | as long as short |
Kraken Futures PF_BICOUSD