Funding you earn now, next payment 21:00 UTC+0.3512%/8h= +384.5% APRpaid last 24h +0.517%
Price spread now: Kraken Futures against OKX+0.716%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$105 a day on $10k at the current rate, and Kraken Futures is 0.716% dearer against OKX than usual: you sell high and buy low: +$72 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BICO-USDT-SWAP | 0.02269 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $1.8M | $5.5M | 20x |
| Short | Kraken Futures PF_BICOUSD | 0.02285 | 0.3612 | get 0.0451% / 1h | 32m 10s | $40K | $42K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $737.45
- Price spread: +0.716% → 0.000%
- $71.61
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $789.06
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 1 min ago | 2.21 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BICOUSDT | +0.0100% | 8h | 0.02271 | +0.088% | $95K | $20K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02270 | +0.024% | $4.2M | $8.7M | 20x | as long as short |
| Bybit BICOUSDT | +0.0100% | 8h | 0.02272 | +0.115% | $2.4M | $3.9M | 20x | as long as short |
| OKX BICO-USDT-SWAPlong | +0.0100% | 4h | 0.02269 | long leg | $1.8M | $5.5M | 20x | |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02270 | +0.044% | $1.7M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02271 | +0.088% | $1.0M | $1.2M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02271 | +0.088% | $656K | $451K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02270 | +0.044% | — | $1.7M | — | as long as short |
| Variational Omni BICO | +0.0100% | 8h | 0.02266 | −0.126% | $15K | $3K | — | as long as short |
| Gate BICO_USDT | +0.0280% | 8h | 0.02273 | +0.176% | $407K | $326K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSDshort | +0.3612% | 1h | 0.02285 | +0.716% | $40K | $42K | 20x |
OKX BICO-USDT-SWAP
Kraken Futures PF_BICOUSD
Aster BICOUSDT
Binance BICOUSDT
Bybit BICOUSDT
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Variational Omni BICO
Gate BICO_USDT