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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.3065%/8h= +335.7% APRpaid last 24h +1.096%
Price spread now: Kraken Futures against MEXC+0.135%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 7 days+2.574%+$257 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$92 a day on $10k at the current rate, and Kraken Futures is 0.135% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC BICO_USDT0.022320.0100pay 0.0100% / 8h2h 03m$1.8M$1.1M50x
ShortKraken Futures PF_BICOUSD0.022350.3165get 0.0396% / 1h3m 41s$36K$64K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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
$643.73
Price spread: +0.135% → 0.000%
$13.48
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$647.21
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: MEXC: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago2.24 bp5.5 bp −$535.0 bp −$350142.0 bp −$14.2Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BICOUSDT+0.0100%8h0.02232+0.015%$93K$24K5xas long as short
Binance BICOUSDT+0.0100%8h0.02233+0.037%$4.0M$8.5M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02233+0.045%$1.8M$5.2M20xas long as short
Gate BICO_USDT+0.0100%8h0.02233+0.045%$363K$341K20xas long as short
MEXC BICO_USDTlong+0.0100%8h0.02232long leg$1.8M$1.1M50x
KuCoin BICOUSDTM+0.0100%8h0.02235+0.134%$984K$1.5M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02233+0.045%$646K$541K10xas long as short
Variational Omni BICO+0.0100%8h0.02235+0.130%$13K$13Kas long as short
Bybit BICOUSDT+0.0101%8h0.02233+0.031%$2.2M$4.0M20xas long as short
BingX BICO-USDT+0.0101%8h0.02233+0.045%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSDshort+0.3165%1h0.02235+0.135%$36K$64K20x