Funding spread now, next payment 19:00 UTC+0.0398%/8h
paid, last 24h−0.029%paid, last 4 days−0.005%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BIOUSD | 0.02875 | −0.0298 | get 0.0037% / 1h | 24m 38s | $11K | $9K | 20x |
| Short | Bybit BIOUSDT | 0.02876 | 0.0100 | get 0.0050% / 4h | 1h 24m | $2.3M | $2.8M | 50x |
Kraken Futures PF_BIOUSD
Bybit BIOUSDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $83.64
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $62.64
- Break-even
- 1.8 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Price risk
price view- Price gap now
- +0.051%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 5.20 bp | 16.5 bp −$17 | 84.1 bp −$841 | doesn't fit | doesn't fit |
Kraken Futures: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSDlong | −0.0298% | 1h | $11K | $9K | 20x | |
| Lighter BIO | +0.0096% | 1h | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0099% | 4h | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | $23K | $67K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | $6.1M | $6.6M | 50x | as long as short |
| Bybit BIOUSDTshort | +0.0100% | 4h | $2.3M | $2.8M | 50x | |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | $1.2M | $2.4M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | $1.4M | $250K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | $383K | $128K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | $1.2M | $514K | 50x | as long as short |
Lighter BIO
Orderly PERP_BIO_USDC
Aster BIOUSDT
Binance BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
Bitget BIOUSDTShow all 15 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX BIO-USDT | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | $40K | $64K | — | as long as short |
| BloFin BIO-USDT | +0.0157% | 4h | $266K | $12K | 50x | as long as short |
| Hyperliquid BIO | +0.0215% | 1h | $756K | $218K | 3x | as long as short |
| KuCoin BIOUSDTM | +0.0274% | 4h | $546K | $131K | 20x | as long as short |
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO
KuCoin BIOUSDTM