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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against OKX−0.045%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$900.898% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.150%+$15 on $10k
Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.045%, 7d avg +0.040%
Together, before fees+0.341%+$34 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.085% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BICO-USDT-SWAP0.022290.0100pay 0.0050% / 4h2h 13m$1.8M$5.2M20x
ShortBitget BICOUSDT0.022280.0100get 0.0100% / 8h2h 13m$648K$545K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$0
Price spread: −0.045% → +0.040%
−$8.45
Slippage, 4 orders
−$67.76
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$98.21
Costs to cover
0.898%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago2.25 bp24.2 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 31 min ago4.47 bp21.0 bp −$2197.5 bp −$975doesn't fitdoesn't fit

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%8h0.02225−0.175%$93K$24K5xas long as short
Binance BICOUSDT+0.0100%8h0.02227−0.090%$3.9M$8.5M20xas long as short
OKX BICO-USDT-SWAPlong+0.0100%4h0.02229long leg$1.8M$5.2M20x
Gate BICO_USDT+0.0100%8h0.02223−0.269%$363K$340K20xas long as short
MEXC BICO_USDT+0.0100%8h0.02227−0.090%$1.8M$1.1M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.022290.000%$982K$1.5M20xas long as short
Bitget BICOUSDTshort+0.0100%8h0.02228−0.045%$648K$545K10x
Variational Omni BICO+0.0100%8h0.02224−0.241%$13K$13Kas long as short
Bybit BICOUSDT+0.0101%8h0.02228−0.058%$2.2M$4.0M20xas long as short
BingX BICO-USDT+0.0101%8h0.02224−0.224%$1.7Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSD+0.3177%1h0.02227−0.105%$36K$63K20xas long as short