BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.16 per $10,000 · paid last 24h +0.005%

Price spread now: Bybit against BloFin+0.243%92s7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as 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−$690.694% of the position

Long on BloFin Short on Bybit

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)−0.001%$0 · spread now +0.243%, 7d avg +0.102%

Together, before fees+0.029%+$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.141% dearer against BloFin than usual: you sell high and buy low (spread +0.243% now, against its 7-day average of +0.102%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. The two prices were read 92 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	0.02875	0.0131	pay 0.0066% / 4h	1h 43m	$262K	$9K	50x
Short	Bybit BIOUSDT	0.02882	0.0100	get 0.0050% / 4h	1h 43m	$2.2M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.243%Rate

Funding earned: −$6.6
Price spread: +0.243% → +0.102%: $14.1
Slippage, 4 orders: −$46.41
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$61.9
Costs to cover: 0.694%
Break-even: never at this rate

Slippage from BloFin: live order book, 32 min ago; Bybit: 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, 32 min ago	1.74 bp	20.9 bp −$21	42.6 bp −$426	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.74 bp	18.2 bp −$18	91.3 bp −$913	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
Lighter BIO	+0.0096%	1h	0.02883	+0.271%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02879	+0.139%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02880	+0.169%	$19K	$92K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02880	+0.174%	$6.1M	$6.8M	50x	as long as short
Bybit BIOUSDTshort	+0.0100%	4h	0.02882	+0.243%	$2.2M	$2.6M	50x
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02881	+0.209%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02881	+0.209%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02879	+0.139%	$386K	$126K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02884	+0.313%	$555K	$126K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02879	+0.139%	$1.3M	$531K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX BIO-USDT	+0.0100%	4h	0.02880	+0.174%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02877	+0.077%	$33K	$71K	—	as long as short
BloFin BIO-USDTlong	+0.0131%	4h	0.02875	long leg	$262K	$9K	50x
Kraken Futures PF_BIOUSD	+0.0169%	1h	0.02882	+0.250%	$11K	$6K	20x	as long as short
Hyperliquid BIO	+0.0467%	1h	0.02885	+0.348%	$751K	$219K	3x	as long as short