Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: OKX against KuCoin−0.069%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$579as in the Funding arb table
Net, price: spread back to 7d avg − costs−$580as in the Price arb table
costs, in and out, $10k−$5785.781% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.069%, 7d avg −0.053%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BIOUSDTM | 0.02881 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $548K | $119K | 20x |
| Short | OKX BIO-USDT-SWAP | 0.02879 | 0.0100 | get 0.0050% / 4h | 3h 45m | $1.1M | $2.1M | 20x |
KuCoin BIOUSDTM
OKX BIO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.069% → −0.053%
- −$1.66
- Slippage, 4 orders
- −$556.1
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$579.76
- Costs to cover
- 5.781%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 48 min ago; OKX: 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, 48 min ago | 5.21 bp | 200.2 bp −$200 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.74 bp | 23.9 bp −$24 | 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 | −0.0683% | 1h | 0.02880 | −0.042% | $11K | $6K | 20x | as long as short |
| BloFin BIO-USDT | +0.0066% | 4h | 0.02877 | −0.139% | $263K | $7K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02883 | +0.059% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0099% | 4h | 0.02879 | −0.069% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02880 | −0.029% | $21K | $101K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02878 | −0.088% | $6.1M | $7.6M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02880 | −0.035% | $2.1M | $2.4M | 50x | as long as short |
| OKX BIO-USDT-SWAPshort | +0.0100% | 4h | 0.02879 | −0.069% | $1.1M | $2.1M | 20x | |
| Gate BIO_USDT | +0.0100% | 8h | 0.02884 | +0.104% | $1.5M | $330K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02879 | −0.069% | $411K | $138K | 20x | as long as short |
Kraken Futures PF_BIOUSD
BloFin BIO-USDT
Lighter BIO
Orderly PERP_BIO_USDC
Aster BIOUSDT
Binance 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 BIOUSDTMlong | +0.0100% | 4h | 0.02881 | long leg | $548K | $119K | 20x | |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02879 | −0.069% | $1.3M | $565K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02879 | −0.069% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02882 | +0.018% | $30K | $68K | — | as long as short |
| Hyperliquid BIO | +0.0169% | 1h | 0.02883 | +0.066% | $753K | $203K | 3x | as long as short |
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
Hyperliquid BIO