Funding you earn now, next payment 04:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.19 per $10,000 · paid last 24h −0.015%
Price spread now: Aster against KuCoin−0.142%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$471as in the Price arb table
costs, in and out, $10k−$4574.566% of the position
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.142% cheaper against KuCoin than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BIOUSDTM | 0.02911 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $570K | $119K | 20x |
| Short | Aster BIOUSDT | 0.02907 | 0.0061 | get 0.0031% / 4h | 1h 42m | $20K | $102K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against KuCoin. 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
- −$8.17
- Price spread: −0.142% → 0.000%
- −$14.15
- Slippage, 4 orders
- −$436.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$478.93
- Costs to cover
- 4.566%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; Aster: live order book, 1 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 KuCoin live order book, 56 min ago | 6.90 bp | 192.2 bp −$192 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 5.16 bp | 20.6 bp −$21 | 562.9 bp −$5,629 | 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 | −0.0630% | 1h | 0.02907 | −0.143% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDTshort | +0.0061% | 4h | 0.02907 | −0.142% | $20K | $102K | 5x | |
| Orderly PERP_BIO_USDC | +0.0093% | 4h | 0.02905 | −0.206% | $13K | — | 10x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02910 | −0.038% | $15K | $7K | 3x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02910 | −0.034% | $758K | $222K | 3x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02904 | −0.247% | $6.2M | $7.2M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02907 | −0.137% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02904 | −0.240% | $1.2M | $2.2M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02909 | −0.069% | $1.5M | $287K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02905 | −0.206% | $404K | $130K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTMlong | +0.0100% | 4h | 0.02911 | long leg | $570K | $119K | 20x | |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02907 | −0.137% | $1.3M | $545K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02908 | −0.103% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02894 | −0.567% | $33K | $65K | — | as long as short |
| BloFin BIO-USDT | +0.0134% | 4h | 0.02904 | −0.240% | $267K | $8K | 50x | as long as short |
KuCoin BIOUSDTM
Aster BIOUSDT
Kraken Futures PF_BIOUSD
Lighter BIO
Hyperliquid BIO
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT