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

BIO

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.03 per $10,000 · paid last 24h +0.008%
Price spread now: MEXC against Orderly+0.104%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.104% dearer against Orderly than usual: you sell high and buy low, +$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_BIO_USDC0.028960.0095pay 0.0047% / 4h16m 47s$13K10x
ShortMEXC BIO_USDT0.028990.0100get 0.0050% / 4h16m 47s$408K$135K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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
$1.05
Price spread: +0.104% → 0.000%
$10.36
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee MEXC: 2 bp × 2 orders
−$4
Net
$1.41
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell MEXC live order book, 24 min ago1.74 bp9.5 bp −$1023.9 bp −$239183.6 bp −$18.4Kdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD−0.1154%1h0.02899+0.107%$11K$6K20xas long as short
Aster BIOUSDT−0.0055%4h0.02897+0.030%$21K$105K5xas long as short
OKX BIO-USDT-SWAP+0.0070%4h0.028960.000%$1.2M$2.2M20xas long as short
BloFin BIO-USDT+0.0091%4h0.028960.000%$230K$7K50xas long as short
Orderly PERP_BIO_USDClong+0.0095%4h0.02896long leg$13K10x
Lighter BIO+0.0096%1h0.02905+0.307%$15K$7K3xas long as short
Hyperliquid BIO+0.0100%1h0.02900+0.155%$756K$223K3xas long as short
Binance BIOUSDT+0.0100%4h0.02897+0.034%$6.1M$7.5M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02899+0.104%$2.2M$2.6M50xas long as short
Gate BIO_USDT+0.0100%8h0.02899+0.104%$1.5M$312K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BIO_USDTshort+0.0100%4h0.02899+0.104%$408K$135K20x
KuCoin BIOUSDTM+0.0100%4h0.02902+0.207%$560K$117K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02897+0.035%$1.3M$556K50xas long as short
BingX BIO-USDT+0.0100%4h0.02897+0.035%$1.3Mas long as short
Variational Omni BIO+0.0100%4h0.02893−0.088%$33K$66Kas long as short