BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Orderly+0.173%52s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.173% dearer against Orderly than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BIO_USDC	0.02895	0.0099	pay 0.0049% / 4h	3h 21m	$13K	—	10x
Short	BloFin BIO-USDT	0.02900	0.0117	get 0.0059% / 4h	3h 21m	$264K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee OrderlybpFee BloFinbpOrdersPrice spread, now +0.173%Rate

Funding earned: $3.8
Price spread: +0.173% → 0.000%: $17.27
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $3.07
Costs to cover: 0.180%
Break-even: 1.3 days

Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 70 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell BloFin live order book, 70 min ago	1.73 bp	21.4 bp −$21	52.9 bp −$529	doesn't fit	doesn't fit

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	−0.0462%	1h	0.02895	−0.001%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0038%	4h	0.02897	+0.069%	$21K	$102K	5x	as long as short
OKX BIO-USDT-SWAP	+0.0035%	4h	0.02899	+0.138%	$1.2M	$2.2M	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02901	+0.221%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDClong	+0.0099%	4h	0.02895	long leg	$13K	—	10x
Hyperliquid BIO	+0.0100%	1h	0.02900	+0.166%	$756K	$216K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02899	+0.138%	$6.1M	$7.4M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02900	+0.173%	$2.2M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02899	+0.138%	$1.5M	$310K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02897	+0.069%	$406K	$136K	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	0.02898	+0.104%	$560K	$116K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02900	+0.173%	$1.3M	$547K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02899	+0.138%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02901	+0.223%	$34K	$65K	—	as long as short
BloFin BIO-USDTshort	+0.0117%	4h	0.02900	+0.173%	$264K	$7K	50x