BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.019%

Price spread now: BloFin against KuCoin−0.308%50s7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$541as 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−$5395.393% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.035%+$4 · spread now −0.308%, 7d avg −0.088%

Together, before fees+0.021%+$2 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: BloFin is 0.221% cheaper against KuCoin than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.088%. The two prices were read 50 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	KuCoin BIOUSDTM	0.02918	0.0100	pay 0.0050% / 4h	3h 52m	$564K	$118K	20x
Short	BloFin BIO-USDT	0.02909	0.0104	get 0.0052% / 4h	3h 52m	$264K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now −0.308%Rate

Funding earned: $0.82
Price spread: −0.308% → −0.088%: −$22.05
Slippage, 4 orders: −$515.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$560.57
Costs to cover: 5.393%
Break-even: 4776.1 days

Slippage from KuCoin: live order book, 21 min ago; BloFin: live order book, 39 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 KuCoin live order book, 21 min ago	8.61 bp	159.8 bp −$160	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 39 min ago	1.73 bp	21.4 bp −$21	52.9 bp −$529	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	−0.0460%	1h	0.02912	−0.216%	$11K	$6K	20x	as long as short
Aster BIOUSDT	+0.0028%	4h	0.02911	−0.224%	$21K	$102K	5x	as long as short
Lighter BIO	+0.0096%	1h	0.02917	−0.017%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0096%	4h	0.02910	−0.274%	$13K	—	10x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02910	−0.274%	$6.2M	$7.4M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02912	−0.206%	$2.2M	$2.5M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02911	−0.240%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02914	−0.137%	$1.5M	$308K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02911	−0.240%	$410K	$132K	20x	as long as short
KuCoin BIOUSDTMlong	+0.0100%	4h	0.02918	long leg	$564K	$118K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BIOUSDT	+0.0100%	4h	0.02912	−0.206%	$1.3M	$548K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02913	−0.171%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02899	−0.634%	$34K	$66K	—	as long as short
BloFin BIO-USDTshort	+0.0104%	4h	0.02909	−0.308%	$264K	$7K	50x
Hyperliquid BIO	+0.0333%	1h	0.02915	−0.089%	$760K	$217K	3x	as long as short