Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against OKX−0.035%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.035% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX BIO-USDT-SWAP | 0.02888 | 0.0100 | pay 0.0050% / 4h | 19m 18s | $1.2M | $2.2M | 20x |
| Short | Orderly PERP_BIO_USDC | 0.02887 | 0.0096 | get 0.0048% / 4h | 19m 18s | $13K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$0.76
- Price spread: −0.035% → 0.000%
- −$3.46
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.22
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.73 bp | 21.8 bp −$22 | doesn't fit | 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 | +0.0060% | 1h | 0.02889 | +0.027% | $11K | $6K | 20x | as long as short |
| BloFin BIO-USDT | +0.0084% | 4h | 0.02885 | −0.104% | $263K | $10K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02888 | −0.007% | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDCshort | +0.0096% | 4h | 0.02887 | −0.035% | $13K | — | 10x | |
| Aster BIOUSDT | +0.0100% | 4h | 0.02888 | −0.012% | $21K | $96K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02887 | −0.035% | $6.1M | $6.8M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02889 | +0.035% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAPlong | +0.0100% | 4h | 0.02888 | long leg | $1.2M | $2.2M | 20x | |
| Gate BIO_USDT | +0.0100% | 8h | 0.02887 | −0.035% | $1.5M | $276K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02887 | −0.035% | $388K | $127K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02891 | +0.104% | $558K | $118K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02888 | 0.000% | $1.3M | $501K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02886 | −0.069% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02888 | −0.013% | $33K | $71K | — | as long as short |
| Hyperliquid BIO | +0.0346% | 1h | 0.02895 | +0.232% | $756K | $217K | 3x | as long as short |
OKX BIO-USDT-SWAP
Kraken Futures PF_BIOUSD
BloFin BIO-USDT
Lighter BIO
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
Hyperliquid BIO