Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.029%
Price spread now: Gate against OKX−0.089%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$940.938% of the position
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 4 days (all we have)+0.335%+$34 · spread now −0.089%, 7d avg +0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.154% cheaper against OKX than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BICO-USDT-SWAP | 0.02238 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $1.8M | $5.2M | 20x |
| Short | Gate BICO_USDT | 0.02236 | 0.0100 | get 0.0100% / 8h | 7h 46m | $363K | $307K | 20x |
OKX BICO-USDT-SWAP
Gate BICO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against OKX. 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
- $0
- Price spread: −0.089% → +0.065%
- −$15.4
- Slippage, 4 orders
- −$68.75
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$109.15
- Costs to cover
- 0.938%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 48 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 OKX live order book, 1 min ago | 2.23 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 48 min ago | 11.21 bp | 27.9 bp −$28 | 320.4 bp −$3,204 | 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 | 0.02234 | −0.172% | $94K | $23K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02235 | −0.120% | $3.9M | $8.5M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02235 | −0.112% | $2.1M | $4.0M | 20x | as long as short |
| OKX BICO-USDT-SWAPlong | +0.0100% | 4h | 0.02238 | long leg | $1.8M | $5.2M | 20x | |
| Gate BICO_USDTshort | +0.0100% | 8h | 0.02236 | −0.089% | $363K | $307K | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02235 | −0.134% | $1.8M | $986K | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02236 | −0.089% | $979K | $1.5M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02234 | −0.179% | $651K | $518K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02237 | −0.045% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02232 | −0.285% | $13K | $13K | — | as long as short |
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
MEXC BICO_USDT
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 | +0.6154% | 1h | 0.02260 | +0.991% | $39K | $66K | 20x | as long as short |
Kraken Futures PF_BICOUSD