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

BIO

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Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster BIOUSDT0.028800.0004pay 0.0002% / 4h2h 17m$21K$101K5x
ShortBinance BIOUSDT0.028790.0100get 0.0050% / 4h2h 17m$6.1M$7.6M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 10 min ago5.26 bp18.5 bp −$18270.4 bp −$2,704doesn't fitdoesn't fit
Sell Binance live order book, 6 min ago1.75 bp16.2 bp −$1650.3 bp −$503doesn't fitdoesn't fit

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−0.0569%1h0.02880+0.008%$11K$6K20xas long as short
Aster BIOUSDTlong+0.0004%4h0.02880long leg$21K$101K5x
OKX BIO-USDT-SWAP+0.0065%4h0.02879−0.025%$1.1M$2.2M20xas long as short
BloFin BIO-USDT+0.0076%4h0.02882+0.079%$262K$7K50xas long as short
Lighter BIO+0.0096%1h0.02886+0.215%$15K$7K3xas long as short
Orderly PERP_BIO_USDC+0.0099%4h0.02880+0.010%$13K10xas long as short
Hyperliquid BIO+0.0100%1h0.02883+0.131%$752K$215K3xas long as short
Binance BIOUSDTshort+0.0100%4h0.02879−0.041%$6.1M$7.6M50x
Bybit BIOUSDT+0.0100%4h0.02881+0.044%$2.1M$2.5M50xas long as short
Gate BIO_USDT+0.0100%8h0.02884+0.149%$1.5M$317K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BIO_USDT+0.0100%4h0.02879−0.025%$407K$138K20xas long as short
KuCoin BIOUSDTM+0.0100%4h0.02885+0.183%$561K$118K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02881+0.044%$1.3M$549K50xas long as short
BingX BIO-USDT+0.0100%4h0.02880+0.010%$1.3Mas long as short
Variational Omni BIO+0.0100%4h0.02866−0.459%$30K$68Kas long as short