data as of
Settings8H · net · $10k
Funding arb /

BIO

all BIO markets
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Funding spread now, next payment 16:00 UTC+0.0438%/8h
paid, last 24h−0.052%paid, last 4 days−0.060%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 -0.060% in total (about -6.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_BIOUSD0.02888−0.0338get 0.0042% / 1h1m 41s$11K$8K20x
ShortGate BIO_USDT0.028900.0100get 0.0100% / 8h1m 41s$1.4M$245K50x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$91.98
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$66.98
Break-even
1.9 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.

Price risk

price view
Price gap now
+0.075%
Avg gap 7d
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Gate live order book, 2 min ago8.63 bp63.3 bp −$63doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryOIVol 24hMax lev
Kraken Futures PF_BIOUSDlong−0.0338%1h$11K$8K20x
BloFin BIO-USDT+0.0085%4h$270K$12K50xas long as short
Lighter BIO+0.0096%1h$11K$3K3xas long as short
Orderly PERP_BIO_USDC+0.0099%4h$13K10xas long as short
Aster BIOUSDT+0.0100%4h$25K$61K5xas long as short
Binance BIOUSDT+0.0100%4h$6.1M$6.7M50xas long as short
Bybit BIOUSDT+0.0100%4h$2.2M$2.8M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h$1.2M$2.3M20xas long as short
Gate BIO_USDTshort+0.0100%8h$1.4M$245K50x
MEXC BIO_USDT+0.0100%4h$389K$132K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Bitget BIOUSDT+0.0100%4h$1.3M$487K50xas long as short
BingX BIO-USDT+0.0100%4h$1.4Mas long as short
Variational Omni BIO+0.0100%4h$40K$118Kas long as short
KuCoin BIOUSDTM+0.0276%4h$555K$128K20xas long as short
Hyperliquid BIO+0.1255%1h$761K$226K3xas long as short