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

BICO

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.3326%/8h= +364.2% APRpaid last 24h +0.725%
Price spread now: Kraken Futures against Variational Omni+0.760%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$100 a day on $10k at the current rate, and Kraken Futures is 0.760% dearer against Variational Omni than usual: you sell high and buy low: +$76 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BICO0.022690.0136pay 0.0136% / 8h7h 29m$16K$5K
ShortKraken Futures PF_BICOUSD0.022860.3463get 0.0433% / 1h29m 35s$39K$52K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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
$698.53
Price spread: +0.760% → 0.000%
$75.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$764.5
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and 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%8h0.02258−0.476%$94K$19K5xas long as short
Binance BICOUSDT+0.0100%8h0.02258−0.488%$4.1M$8.4M20xas long as short
OKX BICO-USDT-SWAP+0.0100%4h0.02260−0.388%$1.9M$5.2M20xas long as short
MEXC BICO_USDT+0.0100%8h0.02257−0.520%$1.8M$1.0M50xas long as short
KuCoin BICOUSDTM+0.0100%8h0.02261−0.344%$1.1M$1.3M20xas long as short
Bitget BICOUSDT+0.0100%8h0.02257−0.520%$644K$463K10xas long as short
Variational Omni BICOlong+0.0136%8h0.02269long leg$16K$5K
BingX BICO-USDT+0.0226%8h0.02256−0.564%$1.7Mas long as short
Bybit BICOUSDT+0.0328%8h0.02259−0.423%$2.5M$3.7M20xas long as short
Gate BICO_USDT+0.0360%8h0.02260−0.388%$404K$301K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BICOUSDshort+0.3463%1h0.02286+0.760%$39K$52K20x