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

BIO

all BIO markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BIOUSDT0.029120.0045pay 0.0023% / 4h3h 49m$21K$102K5x
ShortOrderly PERP_BIO_USDC0.029090.0096get 0.0048% / 4h3h 49m$13K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 48 min ago6.98 bp22.0 bp −$22307.1 bp −$3,071doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD−0.0460%1h0.02910−0.057%$11K$6K20xas long as short
Aster BIOUSDTlong+0.0045%4h0.02912long leg$21K$102K5x
Lighter BIO+0.0096%1h0.02916+0.144%$15K$7K3xas long as short
Orderly PERP_BIO_USDCshort+0.0096%4h0.02909−0.107%$13K10x
Binance BIOUSDT+0.0100%4h0.02908−0.138%$6.2M$7.4M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02910−0.072%$2.2M$2.5M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h0.02907−0.175%$1.2M$2.2M20xas long as short
Gate BIO_USDT+0.0100%8h0.02914+0.065%$1.5M$308K50xas long as short
MEXC BIO_USDT+0.0100%4h0.02908−0.141%$410K$132K20xas long as short
KuCoin BIOUSDTM+0.0100%4h0.02916+0.134%$564K$118K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BIOUSDT+0.0100%4h0.02911−0.038%$1.3M$547K50xas long as short
BingX BIO-USDT+0.0100%4h0.02911−0.038%$1.3Mas long as short
Variational Omni BIO+0.0100%4h0.02912−0.004%$34K$66Kas long as short
BloFin BIO-USDT+0.0120%4h0.02911−0.038%$264K$7K50xas long as short
Hyperliquid BIO+0.0324%1h0.02914+0.075%$760K$217K3xas long as short