Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against OKX−0.035%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.740% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.035%, 7d avg −0.045%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BIO-USDT-SWAP | 0.02860 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $1.1M | $2.1M | 20x |
| Short | Binance BIOUSDT | 0.02859 | 0.0100 | get 0.0050% / 4h | 3h 32m | $6.0M | $7.6M | 50x |
OKX BIO-USDT-SWAP
Binance BIOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $0
- Price spread: −0.035% → −0.045%
- $0.99
- Slippage, 4 orders
- −$53.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$72.97
- Costs to cover
- 0.740%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Binance: live order book, 6 min ago.
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 OKX live order book, 4 min ago | 1.74 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.74 bp | 14.3 bp −$14 | 60.3 bp −$603 | doesn't fit | doesn't fit |
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 | −0.0686% | 1h | 0.02865 | +0.181% | $11K | $6K | 20x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02870 | +0.339% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0099% | 4h | 0.02861 | +0.035% | $13K | — | 10x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02866 | +0.220% | $749K | $200K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02861 | +0.028% | $21K | $101K | 5x | as long as short |
| Binance BIOUSDTshort | +0.0100% | 4h | 0.02859 | −0.035% | $6.0M | $7.6M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02861 | +0.035% | $2.1M | $2.4M | 50x | as long as short |
| OKX BIO-USDT-SWAPlong | +0.0100% | 4h | 0.02860 | long leg | $1.1M | $2.1M | 20x | |
| Gate BIO_USDT | +0.0100% | 8h | 0.02868 | +0.280% | $1.5M | $339K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02860 | 0.000% | $407K | $139K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Lighter BIO
Orderly PERP_BIO_USDC
Hyperliquid BIO
Aster BIOUSDT
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02863 | +0.105% | $544K | $120K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02860 | 0.000% | $1.3M | $563K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02859 | −0.035% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02873 | +0.438% | $30K | $68K | — | as long as short |
| BloFin BIO-USDT | +0.0119% | 4h | 0.02867 | +0.245% | $262K | $7K | 50x | as long as short |
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT