Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Binance+0.047%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$780.775% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now +0.047%, 7d avg +0.045%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BIOUSDT | 0.02937 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $6.3M | $6.9M | 50x |
| Short | OKX BIO-USDT-SWAP | 0.02938 | 0.0100 | get 0.0050% / 4h | 3h 14m | $1.2M | $2.2M | 20x |
Binance BIOUSDT
OKX BIO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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: +0.047% → +0.045%
- $0.24
- Slippage, 4 orders
- −$57.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$77.3
- Costs to cover
- 0.775%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 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 Binance live order book, 9 min ago | 1.71 bp | 17.0 bp −$17 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.41 bp | 24.6 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
BIO on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSD | −0.0221% | 1h | 0.02938 | +0.034% | $11K | $6K | 20x | as long as short |
| Orderly PERP_BIO_USDC | +0.0094% | 4h | 0.02936 | −0.021% | $13K | — | 10x | as long as short |
| BloFin BIO-USDT | +0.0096% | 4h | 0.02936 | −0.021% | $267K | $10K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02939 | +0.095% | $11K | $3K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02936 | −0.007% | $21K | $95K | 5x | as long as short |
| Binance BIOUSDTlong | +0.0100% | 4h | 0.02937 | long leg | $6.3M | $6.9M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02941 | +0.149% | $2.3M | $2.5M | 50x | as long as short |
| OKX BIO-USDT-SWAPshort | +0.0100% | 4h | 0.02938 | +0.047% | $1.2M | $2.2M | 20x | |
| Gate BIO_USDT | +0.0100% | 8h | 0.02938 | +0.047% | $1.5M | $285K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02937 | +0.013% | $401K | $129K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Orderly PERP_BIO_USDC
BloFin BIO-USDT
Lighter BIO
Aster BIOUSDT
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02941 | +0.149% | $569K | $117K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02937 | +0.013% | $1.3M | $504K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02937 | +0.013% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02936 | −0.036% | $34K | $68K | — | as long as short |
| Hyperliquid BIO | +0.0120% | 1h | 0.02942 | +0.177% | $770K | $215K | 3x | as long as short |
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
Hyperliquid BIO