BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%

Price spread now: Orderly against Variational Omni−0.224%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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: Orderly is 0.224% cheaper against Variational Omni than usual: you would sell low and buy high, −$22 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	Variational Omni BIO	0.02903	0.0100	pay 0.0050% / 4h	3h 13m	$34K	$65K	—
Short	Orderly PERP_BIO_USDC	0.02897	0.0099	get 0.0049% / 4h	3h 13m	$13K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. 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 Variational OmnibpFee OrderlybpOrdersPrice spread, now −0.224%Rate

Funding earned: −$0.23
Price spread: −0.224% → 0.000%: −$22.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$28.59
Costs to cover: 0.060%
Break-even: never at this rate

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

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

Variational Omni and 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	−0.189%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0023%	4h	0.02897	−0.224%	$22K	$102K	5x	as long as short
OKX BIO-USDT-SWAP	+0.0044%	4h	0.02895	−0.292%	$1.2M	$2.2M	20x	as long as short
BloFin BIO-USDT	+0.0057%	4h	0.02896	−0.258%	$230K	$7K	50x	as long as short
Lighter BIO	+0.0096%	1h	0.02903	−0.013%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDCshort	+0.0099%	4h	0.02897	−0.224%	$13K	—	10x
Hyperliquid BIO	+0.0100%	1h	0.02901	−0.089%	$756K	$218K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02896	−0.258%	$6.1M	$7.5M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02897	−0.224%	$2.2M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02903	−0.017%	$1.5M	$311K	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	0.02895	−0.292%	$407K	$138K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02902	−0.051%	$560K	$117K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02899	−0.155%	$1.3M	$546K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02898	−0.189%	—	$1.3M	—	as long as short
Variational Omni BIOlong	+0.0100%	4h	0.02903	long leg	$34K	$65K	—