Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.52 per $10,000 · paid last 24h +0.008%
Price spread now: Aster against Orderly+0.104%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Aster is 0.104% dearer against Orderly than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BIO_USDC | 0.02887 | 0.0095 | pay 0.0048% / 4h | 4m 36s | $13K | — | 10x |
| Short | Aster BIOUSDT | 0.02890 | −0.0008 | pay 0.0004% / 4h | 4m 36s | $21K | $102K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- −$21.78
- Price spread: +0.104% → 0.000%
- $10.36
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$25.42
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 33 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 33 min ago | 6.98 bp | 20.8 bp −$21 | 548.9 bp −$5,489 | doesn't fit | doesn't fit |
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 | −0.1157% | 1h | 0.02891 | +0.130% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDTshort | −0.0008% | 4h | 0.02890 | +0.104% | $21K | $102K | 5x | |
| BloFin BIO-USDT | +0.0051% | 4h | 0.02886 | −0.035% | $263K | $7K | 50x | as long as short |
| Orderly PERP_BIO_USDClong | +0.0095% | 4h | 0.02887 | long leg | $13K | — | 10x | |
| Lighter BIO | +0.0096% | 1h | 0.02895 | +0.270% | $15K | $7K | 3x | as long as short |
| OKX BIO-USDT-SWAP | +0.0098% | 4h | 0.02887 | 0.000% | $1.2M | $2.2M | 20x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02894 | +0.253% | $755K | $220K | 3x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02886 | −0.035% | $6.1M | $7.4M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02888 | +0.035% | $2.2M | $2.5M | 50x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02892 | +0.173% | $1.5M | $315K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BIO_USDT | +0.0100% | 4h | 0.02887 | 0.000% | $407K | $135K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02893 | +0.208% | $558K | $117K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02889 | +0.069% | $1.3M | $554K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02887 | 0.000% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02888 | +0.052% | $33K | $66K | — | as long as short |
Aster BIOUSDT
Kraken Futures PF_BIOUSD
BloFin BIO-USDT
Lighter BIO
OKX BIO-USDT-SWAP
Hyperliquid BIO
Binance BIOUSDT
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO