Funding you earn now, next payment 08:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against Aster−0.107%7-day average — · you buy dearer than you sell
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
=Funding pays, the price is against you. Orderly is 0.107% cheaper against Aster than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 6.9 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BIOUSDT | 0.02912 | 0.0045 | pay 0.0023% / 4h | 3h 49m | $21K | $102K | 5x |
| Short | Orderly PERP_BIO_USDC | 0.02909 | 0.0096 | get 0.0048% / 4h | 3h 49m | $13K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aster. 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
- $10.76
- Price spread: −0.107% → 0.000%
- −$10.66
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$13.9
- Costs to cover
- 0.140%
- Break-even
- 16.0 days
Slippage unknown: Aster: live order book, 48 min ago; 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 Aster live order book, 48 min ago | 6.98 bp | 22.0 bp −$22 | 307.1 bp −$3,071 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | −0.0460% | 1h | 0.02910 | −0.057% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDTlong | +0.0045% | 4h | 0.02912 | long leg | $21K | $102K | 5x | |
| Lighter BIO | +0.0096% | 1h | 0.02916 | +0.144% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDCshort | +0.0096% | 4h | 0.02909 | −0.107% | $13K | — | 10x | |
| Binance BIOUSDT | +0.0100% | 4h | 0.02908 | −0.138% | $6.2M | $7.4M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02910 | −0.072% | $2.2M | $2.5M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02907 | −0.175% | $1.2M | $2.2M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02914 | +0.065% | $1.5M | $308K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02908 | −0.141% | $410K | $132K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02916 | +0.134% | $564K | $118K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02911 | −0.038% | $1.3M | $547K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02911 | −0.038% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02912 | −0.004% | $34K | $66K | — | as long as short |
| BloFin BIO-USDT | +0.0120% | 4h | 0.02911 | −0.038% | $264K | $7K | 50x | as long as short |
| Hyperliquid BIO | +0.0324% | 1h | 0.02914 | +0.075% | $760K | $217K | 3x | as long as short |
Aster BIOUSDT
Kraken Futures PF_BIOUSD
Lighter BIO
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO