Settings8H · net · $10k
Funding arb · Price arb /

BIO

all BIO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Aster against Orderly+0.007%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BIO_USDC0.029010.0097pay 0.0048% / 4h46m 49s$13K10x
ShortAster BIOUSDT0.029010.0100get 0.0050% / 4h46m 49s$19K$95K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.68
Price spread: +0.007% → 0.000%
$0.67
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.65
Costs to cover
0.140%
Break-even
137.2 days
Slippage unknown: Orderly: no order-book sample; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Aster no order-book sample
Orderly and Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD+0.0060%1h0.02903+0.061%$11K$6K20xas long as short
BloFin BIO-USDT+0.0076%4h0.02900−0.034%$263K$10K50xas long as short
Lighter BIO+0.0096%1h0.02906+0.159%$11K$3K3xas long as short
Orderly PERP_BIO_USDClong+0.0097%4h0.02901long leg$13K10x
Aster BIOUSDTshort+0.0100%4h0.02901+0.007%$19K$95K5x
Binance BIOUSDT+0.0100%4h0.02902+0.038%$6.1M$6.8M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02904+0.103%$2.2M$2.6M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h0.02907+0.207%$1.2M$2.3M20xas long as short
Gate BIO_USDT+0.0100%8h0.02902+0.034%$1.5M$265K50xas long as short
MEXC BIO_USDT+0.0100%4h0.02900−0.034%$389K$125K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BIOUSDTM+0.0100%4h0.02906+0.172%$562K$119K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02904+0.103%$1.3M$521K50xas long as short
BingX BIO-USDT+0.0100%4h0.029010.000%$1.4Mas long as short
Variational Omni BIO+0.0100%4h0.02905+0.143%$34K$71Kas long as short
Hyperliquid BIO+0.0198%1h0.02909+0.283%$760K$220K3xas long as short