Funding arb · Price arb /

BIO

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%

Price spread now: Gate against Aster+0.162%7-day average +0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1261.260% of the position

Long on Aster Short on Gate

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)−0.019%−$2 · spread now +0.162%, 7d avg +0.069%

Together, before fees−0.002%+ Points / potential airdropAster: Stage 5 · farm board$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.093% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.069%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster BIOUSDT	0.02888	0.0100	pay 0.0050% / 4h	3h 18m	$21K	$101K	5x
Short	Gate BIO_USDT	0.02893	0.0100	get 0.0100% / 8h	7h 18m	$1.5M	$341K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee AsterbpFee GatebpOrdersPrice spread, now +0.162%Rate

Funding earned: $0
Price spread: +0.162% → +0.069%: $9.3
Slippage, 4 orders: −$102.99
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$116.69
Costs to cover: 1.260%
Break-even: never at this rate

Slippage from Aster: live order book, 59 min ago; Gate: live order book, 4 min ago.

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 Aster live order book, 59 min ago	5.23 bp	20.9 bp −$21	386.0 bp −$3,860	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	5.19 bp	43.6 bp −$44	doesn't fit	doesn't fit	doesn't fit

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	−0.0681%	1h	0.02888	−0.021%	$11K	$6K	20x	as long as short
BloFin BIO-USDT	+0.0054%	4h	0.02888	−0.011%	$263K	$7K	50x	as long as short
Lighter BIO	+0.0096%	1h	0.02893	+0.172%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02888	−0.011%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02893	+0.172%	$756K	$195K	3x	as long as short
Aster BIOUSDTlong	+0.0100%	4h	0.02888	long leg	$21K	$101K	5x
Binance BIOUSDT	+0.0100%	4h	0.02889	+0.035%	$6.1M	$7.5M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02889	+0.024%	$2.1M	$2.3M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02889	+0.024%	$1.1M	$2.0M	20x	as long as short
Gate BIO_USDTshort	+0.0100%	8h	0.02893	+0.162%	$1.5M	$341K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BIO_USDT	+0.0100%	4h	0.02889	+0.024%	$410K	$140K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02889	+0.024%	$548K	$119K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02890	+0.058%	$1.3M	$543K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02889	+0.024%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02890	+0.044%	$31K	$68K	—	as long as short