Funding you earn now, next payment 04:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.96 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against MEXC−0.004%7-day average +0.015% · 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−$60as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 5 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.004%, 7d avg +0.015%
=Together, before fees+0.104%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.013% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BIO_USDT | 0.02873 | 0.0100 | pay 0.0050% / 4h | 40m 28s | $405K | $133K | 20x |
| Short | Aster BIOUSDT | 0.02873 | −0.0093 | pay 0.0046% / 4h | 40m 28s | $21K | $104K | 5x |
MEXC BIO_USDT
Aster BIOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against MEXC. 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
- −$40.43
- Price spread: −0.004% → +0.015%
- −$1.95
- Slippage, 4 orders
- −$46.36
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$100.75
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 65 min ago; Aster: live order book, 63 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 MEXC live order book, 65 min ago | 1.72 bp | 9.6 bp −$10 | 30.6 bp −$306 | 209.4 bp −$20.9K | 285.2 bp −$142.6K |
| Sell Aster live order book, 63 min ago | 5.16 bp | 20.6 bp −$21 | 562.9 bp −$5,629 | 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 | −0.1165% | 1h | 0.02870 | −0.087% | $11K | $6K | 20x | as long as short |
| Aster BIOUSDTshort | −0.0093% | 4h | 0.02873 | −0.004% | $21K | $104K | 5x | |
| OKX BIO-USDT-SWAP | +0.0020% | 4h | 0.02871 | −0.070% | $1.2M | $2.2M | 20x | as long as short |
| BloFin BIO-USDT | +0.0058% | 4h | 0.02869 | −0.139% | $262K | $7K | 50x | as long as short |
| Orderly PERP_BIO_USDC | +0.0094% | 4h | 0.02868 | −0.174% | $13K | — | 10x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02879 | +0.212% | $15K | $7K | 3x | as long as short |
| Hyperliquid BIO | +0.0100% | 1h | 0.02877 | +0.125% | $751K | $223K | 3x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02874 | +0.034% | $6.1M | $7.4M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02875 | +0.070% | $2.2M | $2.6M | 50x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02872 | −0.035% | $1.4M | $290K | 50x | as long as short |
Kraken Futures PF_BIOUSD
OKX BIO-USDT-SWAP
BloFin BIO-USDT
Orderly PERP_BIO_USDC
Lighter BIO
Hyperliquid BIO
Binance BIOUSDT
Bybit BIOUSDT
Gate BIO_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BIO_USDTlong | +0.0100% | 4h | 0.02873 | long leg | $405K | $133K | 20x | |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02876 | +0.104% | $564K | $116K | 20x | as long as short |
| Bitget BIOUSDT | +0.0100% | 4h | 0.02874 | +0.035% | $1.3M | $556K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02871 | −0.070% | — | $1.3M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02869 | −0.140% | $33K | $66K | — | as long as short |
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO