Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: OKX against Gate−0.138%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1581.584% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.138%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.093% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BIO_USDT | 0.02908 | 0.0100 | pay 0.0100% / 8h | 6h 02m | $1.5M | $306K | 50x |
| Short | OKX BIO-USDT-SWAP | 0.02904 | 0.0100 | get 0.0050% / 4h | 2h 02m | $1.2M | $2.2M | 20x |
Gate BIO_USDT
OKX BIO-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- Price spread: −0.138% → −0.044%
- −$9.31
- Slippage, 4 orders
- −$133.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$167.68
- Costs to cover
- 1.584%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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 Gate live order book, 4 min ago | 5.15 bp | 63.9 bp −$64 | 17519.2 bp −$175.2K | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.72 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
BIO on 14 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 | −0.0538% | 1h | 0.02908 | +0.016% | $11K | $6K | 20x | as long as short |
| Orderly PERP_BIO_USDC | +0.0094% | 4h | 0.02907 | −0.034% | $13K | — | 10x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02912 | +0.124% | $15K | $7K | 3x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02908 | +0.017% | $759K | $216K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02909 | +0.032% | $20K | $99K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02903 | −0.172% | $6.2M | $7.2M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02906 | −0.069% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAPshort | +0.0100% | 4h | 0.02904 | −0.138% | $1.2M | $2.2M | 20x | |
| Gate BIO_USDTlong | +0.0100% | 8h | 0.02908 | long leg | $1.5M | $306K | 50x | |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02905 | −0.103% | $400K | $130K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Orderly PERP_BIO_USDC
Lighter BIO
Hyperliquid BIO
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
MEXC BIO_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02911 | +0.103% | $564K | $116K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02906 | −0.069% | $1.3M | $527K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02907 | −0.034% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02912 | +0.154% | $34K | $65K | — | as long as short |
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO