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

BIO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0101%/8h= +11.1% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: Bitget against Aster+0.129%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$980.978% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.017%+$2 on $10k
Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.129%, 7d avg −0.008%
Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.136% dearer against Aster than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BIOUSDT0.02874−0.0001get 0.0000% / 4h2h 19m$21K$101K5x
ShortBitget BIOUSDT0.028780.0100get 0.0050% / 4h2h 19m$1.3M$549K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
$21.19
Price spread: +0.129% → −0.008%
$13.62
Slippage, 4 orders
−$77.8
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$62.99
Costs to cover
0.978%
Break-even
27.8 days
Slippage from Aster: live order book, 8 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 8 min ago5.26 bp18.5 bp −$18270.4 bp −$2,704doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.49 bp29.9 bp −$3080.8 bp −$808doesn't fitdoesn't fit

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−0.0570%1h0.02875+0.033%$11K$6K20xas long as short
Aster BIOUSDTlong−0.0001%4h0.02874long leg$21K$101K5x
OKX BIO-USDT-SWAP+0.0061%4h0.02879+0.163%$1.1M$2.2M20xas long as short
Lighter BIO+0.0096%1h0.02882+0.268%$15K$7K3xas long as short
Orderly PERP_BIO_USDC+0.0099%4h0.02875+0.024%$13K10xas long as short
Hyperliquid BIO+0.0100%1h0.02884+0.337%$752K$215K3xas long as short
Binance BIOUSDT+0.0100%4h0.02877+0.089%$6.1M$7.6M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02877+0.094%$2.1M$2.5M50xas long as short
Gate BIO_USDT+0.0100%8h0.02880+0.198%$1.5M$317K50xas long as short
MEXC BIO_USDT+0.0100%4h0.02876+0.059%$407K$138K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BIOUSDTM+0.0100%4h0.02882+0.268%$561K$118K20xas long as short
Bitget BIOUSDTshort+0.0100%4h0.02878+0.129%$1.3M$549K50x
BingX BIO-USDT+0.0100%4h0.02875+0.024%$1.3Mas long as short
Variational Omni BIO+0.0100%4h0.02866−0.272%$30K$68Kas long as short
BloFin BIO-USDT+0.0120%4h0.02862−0.428%$260K$7K50xas long as short