Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.034%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$880.878% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.034%, 7d avg −0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.085% dearer against OKX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BIO-USDT-SWAP | 0.02912 | 0.0100 | pay 0.0050% / 4h | 2h 04m | $1.2M | $2.2M | 20x |
| Short | Bitget BIOUSDT | 0.02913 | 0.0100 | get 0.0050% / 4h | 2h 04m | $1.3M | $523K | 50x |
OKX BIO-USDT-SWAP
Bitget BIOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.034% → −0.050%
- $8.47
- Slippage, 4 orders
- −$65.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$79.32
- Costs to cover
- 0.878%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 1.72 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.16 bp | 19.2 bp −$19 | 59.2 bp −$592 | doesn't fit | doesn't fit |
BIO on 14 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 | −0.0538% | 1h | 0.02911 | −0.029% | $11K | $6K | 20x | as long as short |
| Orderly PERP_BIO_USDC | +0.0094% | 4h | 0.02910 | −0.069% | $13K | — | 10x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02916 | +0.137% | $15K | $7K | 3x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02916 | +0.144% | $761K | $216K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02913 | +0.027% | $20K | $99K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02912 | 0.000% | $6.2M | $7.2M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02915 | +0.103% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAPlong | +0.0100% | 4h | 0.02912 | long leg | $1.2M | $2.2M | 20x | |
| Gate BIO_USDT | +0.0100% | 8h | 0.02915 | +0.103% | $1.5M | $306K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02912 | 0.000% | $401K | $130K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Orderly PERP_BIO_USDC
Lighter BIO
Hyperliquid BIO
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02916 | +0.137% | $565K | $117K | 20x | as long as short |
| Bitget BIOUSDTshort | +0.0100% | 4h | 0.02913 | +0.034% | $1.3M | $523K | 50x | |
| BingX BIO-USDT | +0.0100% | 4h | 0.02913 | +0.034% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02912 | +0.017% | $34K | $65K | — | as long as short |
KuCoin BIOUSDTM
BingX BIO-USDT
Variational Omni BIO