BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.005%

Price spread now: BloFin against MEXC+0.138%49s7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as 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−$500.501% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.247%−$25 · spread now +0.138%, 7d avg +0.018%

Together, before fees−0.250%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.120% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.018%. The two prices were read 49 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	MEXC BIO_USDT	0.02900	0.0100	pay 0.0050% / 4h	52m 21s	$389K	$125K	20x
Short	BloFin BIO-USDT	0.02904	0.0120	get 0.0060% / 4h	52m 21s	$263K	$10K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.138%Rate

Funding earned: $4.18
Price spread: +0.138% → +0.018%: $12.03
Slippage, 4 orders: −$34.05
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$33.84
Costs to cover: 0.501%
Break-even: 63.6 days

Slippage from MEXC: live order book, 8 min ago; BloFin: live order book, 19 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 MEXC live order book, 8 min ago	1.73 bp	7.3 bp −$7	33.4 bp −$334	197.4 bp −$19.7K	doesn't fit
Sell BloFin live order book, 19 min ago	1.74 bp	18.5 bp −$18	35.0 bp −$350	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	+0.0060%	1h	0.02902	+0.054%	$11K	$6K	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02903	+0.110%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02900	0.000%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02904	+0.138%	$18K	$95K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02900	−0.014%	$6.2M	$6.8M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02904	+0.138%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02899	−0.034%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02906	+0.207%	$1.5M	$265K	50x	as long as short
MEXC BIO_USDTlong	+0.0100%	4h	0.02900	long leg	$389K	$125K	20x
KuCoin BIOUSDTM	+0.0100%	4h	0.02906	+0.207%	$560K	$119K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BIOUSDT	+0.0100%	4h	0.02901	+0.034%	$1.3M	$522K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02901	+0.034%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02901	+0.020%	$34K	$71K	—	as long as short
Hyperliquid BIO	+0.0112%	1h	0.02907	+0.238%	$759K	$220K	3x	as long as short
BloFin BIO-USDTshort	+0.0120%	4h	0.02904	+0.138%	$263K	$10K	50x