Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h 0.000%
Price spread now: OKX against MEXC0.000%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.520% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now 0.000%, 7d avg −0.020%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BICO_USDT | 0.02242 | 0.0100 | pay 0.0100% / 8h | 1h 20m | $1.8M | $1.1M | 50x |
| Short | OKX BICO-USDT-SWAP | 0.02242 | 0.0105 | get 0.0053% / 4h | 1h 20m | $1.8M | $5.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $1.08
- Price spread: 0.000% → −0.020%
- $1.99
- Slippage, 4 orders
- −$41.96
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.88
- Costs to cover
- 0.520%
- Break-even
- 322.8 days
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago | 2.23 bp | 3.9 bp −$4 | 28.8 bp −$288 | 166.6 bp −$16.7K | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.23 bp | 21.4 bp −$21 | 306.9 bp −$3,069 | 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 | +0.072% | $94K | $25K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02243 | +0.041% | $4.0M | $8.5M | 20x | as long as short |
| Gate BICO_USDT | +0.0100% | 8h | 0.02244 | +0.089% | $365K | $329K | 20x | as long as short |
| MEXC BICO_USDTlong | +0.0100% | 8h | 0.02242 | long leg | $1.8M | $1.1M | 50x | |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02244 | +0.089% | $989K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02243 | +0.045% | $652K | $534K | 10x | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02242 | +0.009% | $13K | $13K | — | as long as short |
| Bybit BICOUSDT | +0.0101% | 8h | 0.02241 | −0.036% | $2.2M | $4.0M | 20x | as long as short |
| BingX BICO-USDT | +0.0101% | 8h | 0.02243 | +0.045% | — | $1.7M | — | as long as short |
| OKX BICO-USDT-SWAPshort | +0.0105% | 4h | 0.02242 | 0.000% | $1.8M | $5.3M | 20x |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.1697% | 1h | 0.02254 | +0.537% | $37K | $64K | 20x | as long as short |
MEXC BICO_USDT
OKX BICO-USDT-SWAP
Aster BICOUSDT
Binance BICOUSDT
Gate BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
Variational Omni BICO
Bybit BICOUSDT
BingX BICO-USDT
Kraken Futures PF_BICOUSD