Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against Aster−0.041%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$730.728% of the position
Funding, last 6 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.041%, 7d avg −0.016%
=Together, before fees+0.012%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.025% cheaper against Aster than usual: you would sell low and buy high (spread −0.041% now, against its 7-day average of −0.016%). If the spread goes back, that is −$2 on $10k: about 21 hours of funding at the current rate (+$3 a day). At the pace of the last 6 days (+0.017% in total) that is about 8.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster BIOUSDT | 0.02880 | 0.0004 | pay 0.0002% / 4h | 2h 17m | $21K | $101K | 5x |
| Short | Binance BIOUSDT | 0.02879 | 0.0100 | get 0.0050% / 4h | 2h 17m | $6.1M | $7.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $20.13
- Price spread: −0.041% → −0.016%
- −$2.48
- Slippage, 4 orders
- −$54.79
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$55.15
- Costs to cover
- 0.728%
- Break-even
- 26.2 days
Slippage from Aster: live order book, 10 min ago; Binance: live order book, 6 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 Aster live order book, 10 min ago | 5.26 bp | 18.5 bp −$18 | 270.4 bp −$2,704 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 1.75 bp | 16.2 bp −$16 | 50.3 bp −$503 | doesn't fit | doesn't fit |
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 | −0.0569% | 1h | 0.02880 | +0.008% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDTlong | +0.0004% | 4h | 0.02880 | long leg | $21K | $101K | 5x | |
| OKX BIO-USDT-SWAP | +0.0065% | 4h | 0.02879 | −0.025% | $1.1M | $2.2M | 20x | as long as short |
| BloFin BIO-USDT | +0.0076% | 4h | 0.02882 | +0.079% | $262K | $7K | 50x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02886 | +0.215% | $15K | $7K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0099% | 4h | 0.02880 | +0.010% | $13K | — | 10x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02883 | +0.131% | $752K | $215K | 3x | as long as short |
| Binance BIOUSDTshort | +0.0100% | 4h | 0.02879 | −0.041% | $6.1M | $7.6M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02881 | +0.044% | $2.1M | $2.5M | 50x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02884 | +0.149% | $1.5M | $317K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BIO_USDT | +0.0100% | 4h | 0.02879 | −0.025% | $407K | $138K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02885 | +0.183% | $561K | $118K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02881 | +0.044% | $1.3M | $549K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02880 | +0.010% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02866 | −0.459% | $30K | $68K | — | as long as short |
Aster BIOUSDT
Binance BIOUSDT
Kraken Futures PF_BIOUSD
OKX BIO-USDT-SWAP
BloFin BIO-USDT
Lighter BIO
Hyperliquid BIO
Bybit BIOUSDT
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO