Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against Orderly0.000%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
=Together, before fees—needs both histories
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BIO_USDC | 0.02896 | 0.0095 | pay 0.0048% / 4h | 3h 59m | $13K | — | 10x |
| Short | MEXC BIO_USDT | 0.02896 | 0.0100 | get 0.0050% / 4h | 3h 59m | $408K | $132K | 20x |
Orderly PERP_BIO_USDC
MEXC BIO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0.97
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$9.03
- Costs to cover
- 0.100%
- Break-even
- 71.8 days
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 41 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 MEXC live order book, 41 min ago | 1.74 bp | 9.5 bp −$10 | 23.9 bp −$239 | 183.6 bp −$18.4K | 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 | −0.0462% | 1h | 0.02898 | +0.073% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDT | +0.0014% | 4h | 0.02900 | +0.143% | $21K | $102K | 5x | as long as short |
| Orderly PERP_BIO_USDClong | +0.0095% | 4h | 0.02896 | long leg | $13K | — | 10x | |
| Lighter BIO | +0.0096% | 1h | 0.02904 | +0.280% | $15K | $7K | 3x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02896 | 0.000% | $6.1M | $7.4M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02898 | +0.069% | $2.2M | $2.5M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02895 | −0.035% | $1.2M | $2.2M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02902 | +0.207% | $1.5M | $308K | 50x | as long as short |
| MEXC BIO_USDTshort | +0.0100% | 4h | 0.02896 | 0.000% | $408K | $132K | 20x | |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02903 | +0.242% | $560K | $117K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Aster BIOUSDT
Lighter BIO
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
KuCoin BIOUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02898 | +0.069% | $1.3M | $549K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02898 | +0.069% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02902 | +0.224% | $34K | $66K | — | as long as short |
| BloFin BIO-USDT | +0.0129% | 4h | 0.02895 | −0.035% | $263K | $7K | 50x | as long as short |
| Hyperliquid BIO | +0.0171% | 1h | 0.02902 | +0.200% | $757K | $220K | 3x | as long as short |
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO