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

BIO

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against OKX−0.035%7-day average · you buy dearer than you sell
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.035% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX BIO-USDT-SWAP0.028720.0100pay 0.0050% / 4h2h 34m$1.2M$2.3M20x
ShortOrderly PERP_BIO_USDC0.028710.0097get 0.0048% / 4h2h 34m$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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
−$0.68
Price spread: −0.035% → 0.000%
−$3.48
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$20.16
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago5.23 bp27.9 bp −$28doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD−0.0668%1h0.02873+0.046%$11K$6K20xas long as short
BloFin BIO-USDT+0.0086%4h0.02869−0.104%$262K$9K50xas long as short
Lighter BIO+0.0096%1h0.02875+0.097%$11K$3K3xas long as short
Orderly PERP_BIO_USDCshort+0.0097%4h0.02871−0.035%$13K10x
Aster BIOUSDT+0.0100%4h0.02872+0.001%$19K$93K5xas long as short
Binance BIOUSDT+0.0100%4h0.02872+0.017%$6.1M$6.8M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02874+0.070%$2.2M$2.6M50xas long as short
OKX BIO-USDT-SWAPlong+0.0100%4h0.02872long leg$1.2M$2.3M20x
Gate BIO_USDT+0.0100%8h0.02871−0.035%$1.4M$265K50xas long as short
MEXC BIO_USDT+0.0100%4h0.02871−0.035%$380K$124K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BIOUSDTM+0.0100%4h0.02875+0.104%$547K$125K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02873+0.035%$1.3M$520K50xas long as short
BingX BIO-USDT+0.0100%4h0.02873+0.035%$1.4Mas long as short
Variational Omni BIO+0.0100%4h0.02867−0.178%$33K$70Kas long as short
Hyperliquid BIO+0.0645%1h0.02877+0.174%$754K$217K3xas long as short