BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.003%

Price spread now: Orderly against BloFin+0.104%52s7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.104% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BIO-USDT	0.02873	0.0074	pay 0.0037% / 4h	1h 00m	$262K	$7K	50x
Short	Orderly PERP_BIO_USDC	0.02876	0.0099	get 0.0049% / 4h	1h 00m	$13K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now +0.104%Rate

Funding earned: $5.19
Price spread: +0.104% → 0.000%: $10.44
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$2.37
Costs to cover: 0.180%
Break-even: 10.2 days

Slippage unknown: BloFin: live order book, 11 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 BloFin live order book, 11 min ago	5.21 bp	14.5 bp −$15	33.3 bp −$333	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	−0.0540%	1h	0.02877	+0.131%	$11K	$6K	20x	as long as short
BloFin BIO-USDTlong	+0.0074%	4h	0.02873	long leg	$262K	$7K	50x
Aster BIOUSDT	+0.0080%	4h	0.02875	+0.059%	$21K	$102K	5x	as long as short
Lighter BIO	+0.0096%	1h	0.02883	+0.338%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDCshort	+0.0099%	4h	0.02876	+0.104%	$13K	—	10x
Hyperliquid BIO	+0.0100%	1h	0.02882	+0.310%	$751K	$214K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02875	+0.059%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02875	+0.070%	$2.1M	$2.4M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02875	+0.070%	$1.1M	$2.1M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02876	+0.104%	$1.5M	$343K	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	0.02873	0.000%	$409K	$141K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02877	+0.139%	$553K	$117K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02875	+0.070%	$1.3M	$551K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02876	+0.104%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02872	−0.035%	$30K	$68K	—	as long as short