Funding you earn now, next payment 12:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Orderly against Variational Omni+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.023% dearer against Variational Omni than usual: you sell high and buy low, +$2 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 | Variational Omni BIO | 0.02846 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $27K | $69K | — |
| Short | Orderly PERP_BIO_USDC | 0.02847 | 0.0099 | get 0.0050% / 4h | 1h 28m | $13K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Variational Omni. 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
- −$0.15
- Price spread: +0.023% → 0.000%
- $2.35
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.8
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Variational Omni and 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 exchanges
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 | −0.0898% | 1h | 0.02848 | +0.045% | $11K | $6K | 20x | as long as short |
| BloFin BIO-USDT | +0.0087% | 4h | 0.02846 | −0.012% | $264K | $4K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02854 | +0.252% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDCshort | +0.0099% | 4h | 0.02847 | +0.023% | $13K | — | 10x | |
| Hyperliquid BIO | +0.0100% | 1h | 0.02854 | +0.255% | $747K | $175K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02848 | +0.050% | $26K | $91K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02847 | +0.015% | $6.0M | $7.1M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02847 | +0.023% | $2.1M | $2.1M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02845 | −0.047% | $1.1M | $1.9M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02850 | +0.129% | $1.5M | $330K | 50x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BIO_USDT | +0.0100% | 4h | 0.02847 | +0.023% | $385K | $139K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02847 | +0.023% | $517K | $126K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02846 | −0.012% | $1.2M | $524K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02847 | +0.023% | — | $1.4M | — | as long as short |
| Variational Omni BIOlong | +0.0100% | 4h | 0.02846 | long leg | $27K | $69K | — |
Variational Omni BIO
Kraken Futures PF_BIOUSD
BloFin BIO-USDT
Lighter BIO
Hyperliquid BIO
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT