BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.002%

Price spread now: Variational Omni against Orderly+0.489%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.489% dearer against Orderly than usual: you sell high and buy low, +$49 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BIO_USDC	0.02871	0.0097	pay 0.0049% / 4h	2h 57m	$13K	—	10x
Short	Variational Omni BIO	0.02885	0.0100	get 0.0050% / 4h	2h 57m	$33K	$70K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee Variational OmnibpOrdersPrice spread, now +0.489%Rate

Funding earned: $0.6
Price spread: +0.489% → 0.000%: $48.91
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $43.52
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Orderly: no order-book sample; Variational Omni: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

Orderly and Variational Omni: 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	−0.0668%	1h	0.02873	+0.077%	$11K	$6K	20x	as long as short
BloFin BIO-USDT	+0.0070%	4h	0.02877	+0.209%	$263K	$10K	50x	as long as short
Lighter BIO	+0.0096%	1h	0.02873	+0.070%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDClong	+0.0097%	4h	0.02871	long leg	$13K	—	10x
Aster BIOUSDT	+0.0100%	4h	0.02871	−0.008%	$20K	$96K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02870	−0.040%	$6.1M	$6.9M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02872	+0.035%	$2.2M	$2.7M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02871	0.000%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02872	+0.035%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02872	+0.035%	$381K	$123K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02874	+0.104%	$547K	$126K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02872	+0.035%	$1.3M	$531K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02872	+0.035%	—	$1.4M	—	as long as short
Variational Omni BIOshort	+0.0100%	4h	0.02885	+0.489%	$33K	$70K	—
Hyperliquid BIO	+0.0640%	1h	0.02877	+0.226%	$753K	$219K	3x	as long as short