Funding arb · Price arb /

BIO

all BIO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Gate−0.155%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.155% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BIO_USDT	0.02899	0.0100	pay 0.0100% / 8h	5h 45m	$1.5M	$286K	50x
Short	Variational Omni BIO	0.02894	0.0100	get 0.0050% / 4h	1h 45m	$33K	$65K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now −0.155%Rate

Funding earned: $0
Price spread: −0.155% → 0.000%: −$15.55
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$30.55
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

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 Gate live order book, 2 min ago	5.18 bp	48.9 bp −$49	16403.8 bp −$164.0K	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0632%	1h	0.02894	−0.157%	$11K	$6K	20x	as long as short
Aster BIOUSDT	+0.0053%	4h	0.02893	−0.207%	$20K	$102K	5x	as long as short
BloFin BIO-USDT	+0.0070%	4h	0.02886	−0.448%	—	$8K	50x	as long as short
Orderly PERP_BIO_USDC	+0.0093%	4h	0.02893	−0.207%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02902	+0.110%	$15K	$7K	3x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02901	+0.066%	$756K	$222K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02897	−0.058%	$6.1M	$7.2M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02900	+0.034%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02898	−0.034%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDTlong	+0.0100%	8h	0.02899	long leg	$1.5M	$286K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BIO_USDT	+0.0100%	4h	0.02897	−0.069%	$403K	$130K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02899	0.000%	$562K	$117K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02900	+0.034%	$1.3M	$541K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02899	0.000%	—	$1.4M	—	as long as short
Variational Omni BIOshort	+0.0100%	4h	0.02894	−0.155%	$33K	$65K	—