BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.007%

Price spread now: BingX against BloFin−0.069%51s7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as 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−$680.679% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.288%+$29 · spread now −0.069%, 7d avg +0.042%

Together, before fees+0.321%+$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.112% cheaper against BloFin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 51 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	BloFin BIO-USDT	0.02889	0.0107	pay 0.0054% / 4h	28m 20s	$262K	$7K	50x
Short	BingX BIO-USDT	0.02887	0.0100	get 0.0050% / 4h	28m 20s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$1.55
Price spread: −0.069% → +0.042%: −$11.16
Slippage, 4 orders: −$45.85
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$80.57
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 3 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, 3 min ago	1.73 bp	11.8 bp −$12	39.3 bp −$393	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	5.19 bp	18.7 bp −$19	57.4 bp −$574	516.3 bp −$51.6K	812.2 bp −$406.1K

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	−0.1156%	1h	0.02893	+0.128%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0076%	4h	0.02888	−0.052%	$21K	$104K	5x	as long as short
OKX BIO-USDT-SWAP	+0.0046%	4h	0.02883	−0.208%	$1.2M	$2.2M	20x	as long as short
Orderly PERP_BIO_USDC	+0.0094%	4h	0.02883	−0.208%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02890	+0.035%	$15K	$7K	3x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02890	+0.035%	$754K	$223K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02885	−0.137%	$6.1M	$7.4M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02884	−0.173%	$2.2M	$2.6M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02890	+0.035%	$1.5M	$296K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02885	−0.138%	$406K	$134K	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	0.02889	0.000%	$557K	$118K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02885	−0.138%	$1.3M	$558K	50x	as long as short
BingX BIO-USDTshort	+0.0100%	4h	0.02887	−0.069%	—	$1.3M	—
Variational Omni BIO	+0.0100%	4h	0.02888	−0.017%	$33K	$66K	—	as long as short
BloFin BIO-USDTlong	+0.0107%	4h	0.02889	long leg	$262K	$7K	50x