BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.21 per $10,000 · paid last 24h +0.004%

Price spread now: MEXC against BloFin−0.208%64s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as 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−$530.532% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.281%+$28 · spread now −0.208%, 7d avg +0.001%

Together, before fees+0.288%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.210% cheaper against BloFin than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of +0.001%). If the spread goes back, that is −$21 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.006% in total) that is about 8 months. The two prices were read 64 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	0.02880	0.0059	pay 0.0029% / 4h	3h 56m	$264K	$7K	50x
Short	MEXC BIO_USDT	0.02874	0.0100	get 0.0050% / 4h	3h 56m	$408K	$137K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.208%Rate

Funding earned: $8.68
Price spread: −0.208% → +0.001%: −$20.98
Slippage, 4 orders: −$37.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$65.47
Costs to cover: 0.532%
Break-even: 59.8 days

Slippage from BloFin: live order book, 10 min ago; MEXC: live order book, 24 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, 10 min ago	1.74 bp	18.0 bp −$18	37.5 bp −$375	doesn't fit	doesn't fit
Sell MEXC live order book, 24 min ago	3.49 bp	8.9 bp −$9	33.9 bp −$339	217.6 bp −$21.8K	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	−0.0684%	1h	0.02874	−0.201%	$11K	$6K	20x	as long as short
BloFin BIO-USDTlong	+0.0059%	4h	0.02880	long leg	$264K	$7K	50x
OKX BIO-USDT-SWAP	+0.0090%	4h	0.02871	−0.313%	$1.1M	$2.1M	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02881	+0.021%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02876	−0.139%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02875	−0.166%	$21K	$101K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02874	−0.212%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02874	−0.208%	$2.1M	$2.4M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02881	+0.035%	$1.5M	$329K	50x	as long as short
MEXC BIO_USDTshort	+0.0100%	4h	0.02874	−0.208%	$408K	$137K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02878	−0.069%	$547K	$119K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02876	−0.139%	$1.3M	$566K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02877	−0.104%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02874	−0.222%	$30K	$68K	—	as long as short
Hyperliquid BIO	+0.0184%	1h	0.02880	−0.007%	$752K	$207K	3x	as long as short