BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0037%/8h= −4.1% APRnext payment −$0.19 per $10,000 · paid last 24h +0.003%

Price spread now: Orderly against BloFin+0.070%7-day average — · you sell dearer than you buy

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

Long on BloFin Short on Orderly

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

The price spread pays, funding is against you. Orderly is 0.070% dearer against BloFin than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BIO-USDT	0.02862	0.0134	pay 0.0067% / 4h	2h 00m	$263K	$9K	50x
Short	Orderly PERP_BIO_USDC	0.02864	0.0097	get 0.0048% / 4h	2h 00m	$13K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now +0.070%Rate

Funding earned: −$7.86
Price spread: +0.070% → 0.000%: $6.99
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$18.87
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 15 min ago; 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 BloFin live order book, 15 min ago	1.74 bp	20.9 bp −$21	42.6 bp −$426	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	−0.0670%	1h	0.02866	+0.125%	$11K	$6K	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02868	+0.217%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDCshort	+0.0097%	4h	0.02864	+0.070%	$13K	—	10x
Aster BIOUSDT	+0.0100%	4h	0.02864	+0.056%	$19K	$93K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02864	+0.061%	$6.1M	$6.8M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02864	+0.070%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02864	+0.070%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02867	+0.175%	$1.4M	$266K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02863	+0.035%	$381K	$129K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02867	+0.175%	$546K	$123K	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	0.02864	+0.070%	$1.3M	$534K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02864	+0.070%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02864	+0.083%	$33K	$71K	—	as long as short
BloFin BIO-USDTlong	+0.0134%	4h	0.02862	long leg	$263K	$9K	50x
Hyperliquid BIO	+0.0663%	1h	0.02870	+0.290%	$751K	$217K	3x	as long as short