BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%

Price spread now: OKX against BloFin−0.069%73s7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as 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−$760.759% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.069%, 7d avg +0.039%

Together, before fees+0.294%+$29 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: OKX is 0.109% 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 +0.039%. The two prices were read 73 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	0.02888	0.0042	pay 0.0021% / 4h	25m 58s	$261K	$7K	50x
Short	OKX BIO-USDT-SWAP	0.02886	0.0046	get 0.0023% / 4h	25m 58s	$1.2M	$2.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $0.8
Price spread: −0.069% → +0.039%: −$10.86
Slippage, 4 orders: −$53.95
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$86
Costs to cover: 0.759%
Break-even: 759.2 days

Slippage from BloFin: live order book, 6 min ago; OKX: live order book, 1 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, 6 min ago	1.73 bp	11.8 bp −$12	39.3 bp −$393	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.73 bp	21.7 bp −$22	doesn't fit	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	−0.1158%	1h	0.02888	−0.009%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0075%	4h	0.02889	+0.035%	$21K	$104K	5x	as long as short
BloFin BIO-USDTlong	+0.0042%	4h	0.02888	long leg	$261K	$7K	50x
OKX BIO-USDT-SWAPshort	+0.0046%	4h	0.02886	−0.069%	$1.2M	$2.2M	20x
Orderly PERP_BIO_USDC	+0.0094%	4h	0.02886	−0.069%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02893	+0.184%	$15K	$7K	3x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02894	+0.225%	$755K	$223K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02887	−0.035%	$6.1M	$7.4M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02891	+0.104%	$2.2M	$2.6M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02891	+0.104%	$1.5M	$296K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BIO_USDT	+0.0100%	4h	0.02886	−0.069%	$406K	$134K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02891	+0.104%	$558K	$118K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02891	+0.104%	$1.3M	$558K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02888	0.000%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02887	−0.018%	$33K	$66K	—	as long as short