BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against BingX+0.035%66s7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$750.755% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 3 days (all we have)−0.253%−$25 · spread now +0.035%, 7d avg −0.032%

Together, before fees−0.283%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.067% dearer against BingX than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.032%): +$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 7.8 days. At the pace of the last 7 days (−0.029% in total) that is about 16 days. The two prices were read 66 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	BingX BIO-USDT	0.02866	0.0100	pay 0.0050% / 4h	2h 46m	—	$1.4M	—
Short	BloFin BIO-USDT	0.02867	0.0071	get 0.0036% / 4h	2h 46m	$263K	$9K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$6.03
Price spread: +0.035% → −0.032%: $6.68
Slippage, 4 orders: −$53.49
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$74.84
Costs to cover: 0.755%
Break-even: never at this rate

Slippage from BingX: live order book, 16 min ago; BloFin: live order book, 37 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 BingX live order book, 16 min ago	6.94 bp	20.0 bp −$20	51.0 bp −$510	556.3 bp −$55.6K	794.0 bp −$397.0K
Sell BloFin live order book, 37 min ago	3.47 bp	21.4 bp −$21	53.2 bp −$532	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	−0.0670%	1h	0.02867	+0.021%	$11K	$6K	20x	as long as short
BloFin BIO-USDTshort	+0.0071%	4h	0.02867	+0.035%	$263K	$9K	50x
Lighter BIO	+0.0096%	1h	0.02868	+0.077%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02865	−0.035%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02866	0.000%	$19K	$93K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02864	−0.070%	$6.1M	$6.8M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02865	−0.035%	$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	0.02865	−0.035%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02864	−0.070%	$379K	$124K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02869	+0.105%	$546K	$126K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02863	−0.105%	$1.3M	$520K	50x	as long as short
BingX BIO-USDTlong	+0.0100%	4h	0.02866	long leg	—	$1.4M	—
Variational Omni BIO	+0.0100%	4h	0.02865	−0.052%	$33K	$70K	—	as long as short
Hyperliquid BIO	+0.0586%	1h	0.02870	+0.154%	$752K	$216K	3x	as long as short