Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%
Price spread now: Orderly against Binance−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BIOUSDT | 0.02873 | 0.0100 | pay 0.0050% / 4h | 52m 36s | $6.1M | $7.6M | 50x |
| Short | Orderly PERP_BIO_USDC | 0.02873 | 0.0099 | get 0.0049% / 4h | 52m 36s | $13K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.23
- Price spread: −0.014% → 0.000%
- −$1.43
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$17.65
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 16 min ago; Orderly: 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 Binance live order book, 16 min ago | 1.74 bp | 16.4 bp −$16 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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.
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 | −0.0896% | 1h | 0.02875 | +0.061% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDT | +0.0085% | 4h | 0.02876 | +0.086% | $21K | $101K | 5x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02881 | +0.261% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDCshort | +0.0099% | 4h | 0.02873 | −0.014% | $13K | — | 10x | |
| Binance BIOUSDTlong | +0.0100% | 4h | 0.02873 | long leg | $6.1M | $7.6M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02875 | +0.055% | $2.1M | $2.4M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02872 | −0.049% | $1.1M | $2.1M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02877 | +0.125% | $1.5M | $338K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02874 | +0.021% | $409K | $137K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02878 | +0.160% | $548K | $118K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02876 | +0.090% | $1.3M | $548K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02875 | +0.055% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02868 | −0.172% | $30K | $68K | — | as long as short |
| BloFin BIO-USDT | +0.0118% | 4h | 0.02872 | −0.049% | $261K | $7K | 50x | as long as short |
| Hyperliquid BIO | +0.0227% | 1h | 0.02880 | +0.219% | $751K | $214K | 3x | as long as short |
Binance BIOUSDT
Kraken Futures PF_BIOUSD
Aster BIOUSDT
Lighter BIO
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO