BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin+0.059%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$590.594% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.117%+$12 · spread now +0.059%, 7d avg −0.015%

Together, before fees+0.121%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Binance is 0.074% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BIO-USDT	0.02869	0.0086	pay 0.0043% / 4h	2h 34m	$262K	$9K	50x
Short	Binance BIOUSDT	0.02871	0.0100	get 0.0050% / 4h	2h 34m	$6.1M	$6.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now +0.059%Rate

Funding earned: $2.92
Price spread: +0.059% → −0.015%: $7.41
Slippage, 4 orders: −$37.39
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$49.05
Costs to cover: 0.594%
Break-even: 124.5 days

Slippage from BloFin: live order book, 49 min ago; Binance: 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 BloFin live order book, 49 min ago	3.47 bp	13.3 bp −$13	36.7 bp −$367	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.75 bp	17.9 bp −$18	57.1 bp −$571	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	0.02873	+0.129%	$11K	$6K	20x	as long as short
BloFin BIO-USDTlong	+0.0086%	4h	0.02869	long leg	$262K	$9K	50x
Lighter BIO	+0.0096%	1h	0.02874	+0.171%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02871	+0.070%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02871	+0.070%	$19K	$93K	5x	as long as short
Binance BIOUSDTshort	+0.0100%	4h	0.02871	+0.059%	$6.1M	$6.8M	50x
Bybit BIOUSDT	+0.0100%	4h	0.02872	+0.105%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02872	+0.105%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02867	−0.070%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02871	+0.070%	$380K	$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	0.02875	+0.209%	$547K	$126K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02871	+0.070%	$1.3M	$520K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02870	+0.035%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02867	−0.073%	$33K	$70K	—	as long as short
Hyperliquid BIO	+0.0640%	1h	0.02876	+0.261%	$754K	$217K	3x	as long as short