Funding you earn now, next payment 04:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Aster+0.131%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.131% dearer against Aster than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | Aster BIOUSDT | 0.02935 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $21K | $95K | 5x |
| Short | Orderly PERP_BIO_USDC | 0.02939 | 0.0094 | get 0.0047% / 4h | 3h 09m | $13K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$1.36
- Price spread: +0.131% → 0.000%
- $13.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.23
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: 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 Aster no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aster 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 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 | −0.0221% | 1h | 0.02937 | +0.058% | $11K | $6K | 20x | as long as short |
| Orderly PERP_BIO_USDCshort | +0.0094% | 4h | 0.02939 | +0.131% | $13K | — | 10x | |
| Lighter BIO | +0.0096% | 1h | 0.02940 | +0.169% | $11K | $3K | 3x | as long as short |
| Aster BIOUSDTlong | +0.0100% | 4h | 0.02935 | long leg | $21K | $95K | 5x | |
| Binance BIOUSDT | +0.0100% | 4h | 0.02936 | +0.029% | $6.3M | $6.9M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02939 | +0.131% | $2.2M | $2.5M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02936 | +0.029% | $1.2M | $2.2M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02938 | +0.097% | $1.5M | $286K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02935 | −0.005% | $401K | $130K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02940 | +0.165% | $569K | $117K | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02938 | +0.097% | $1.3M | $504K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02936 | +0.029% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02937 | +0.064% | $34K | $68K | — | as long as short |
| BloFin BIO-USDT | +0.0138% | 4h | 0.02932 | −0.107% | $266K | $10K | 50x | as long as short |
| Hyperliquid BIO | +0.0146% | 1h | 0.02942 | +0.240% | $770K | $214K | 3x | as long as short |
Aster BIOUSDT
Kraken Futures PF_BIOUSD
Lighter BIO
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO