BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.20 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against Bitget+0.105%65s7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as 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−$860.865% of the position

Long on Bitget 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)−0.469%−$47 · spread now +0.105%, 7d avg +0.011%

Together, before fees−0.498%−$50 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.094% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 65 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	Bitget BIOUSDT	0.02868	0.0100	pay 0.0050% / 4h	2h 56m	$1.3M	$520K	50x
Short	BloFin BIO-USDT	0.02871	0.0139	get 0.0070% / 4h	2h 56m	$263K	$9K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.105%Rate

Funding earned: $8.23
Price spread: +0.105% → +0.011%: $9.38
Slippage, 4 orders: −$62.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$68.84
Costs to cover: 0.865%
Break-even: 65.5 days

Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 27 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 Bitget live order book, 5 min ago	6.94 bp	27.8 bp −$28	90.7 bp −$907	doesn't fit	doesn't fit
Sell BloFin live order book, 27 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	−0.0669%	1h	0.02870	+0.087%	$11K	$6K	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02873	+0.174%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02870	+0.070%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02872	+0.124%	$20K	$96K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02868	0.000%	$6.1M	$6.9M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02872	+0.139%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02869	+0.035%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02871	+0.105%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02868	0.000%	$380K	$123K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02874	+0.209%	$547K	$126K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BIOUSDTlong	+0.0100%	4h	0.02868	long leg	$1.3M	$520K	50x
BingX BIO-USDT	+0.0100%	4h	0.02871	+0.105%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02885	+0.594%	$33K	$70K	—	as long as short
BloFin BIO-USDTshort	+0.0139%	4h	0.02871	+0.105%	$263K	$9K	50x
Hyperliquid BIO	+0.0601%	1h	0.02877	+0.303%	$753K	$219K	3x	as long as short