BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.30 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Binance+0.069%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$650.647% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.186%−$19 · spread now +0.069%, 7d avg +0.002%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.067% dearer against Binance than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.002%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days. At the pace of the last 7 days (−0.007% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BIOUSDT	0.02896	0.0100	pay 0.0050% / 4h	3h 24m	$6.1M	$7.4M	50x
Short	BloFin BIO-USDT	0.02898	0.0041	get 0.0020% / 4h	3h 24m	$264K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$12.39
Price spread: +0.069% → +0.002%: $6.67
Slippage, 4 orders: −$42.67
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$70.39
Costs to cover: 0.647%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; BloFin: live order book, 67 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 Binance live order book, 14 min ago	1.71 bp	14.9 bp −$15	58.4 bp −$584	doesn't fit	doesn't fit
Sell BloFin live order book, 67 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	−0.0462%	1h	0.02900	+0.126%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0034%	4h	0.02901	+0.167%	$21K	$102K	5x	as long as short
BloFin BIO-USDTshort	+0.0041%	4h	0.02898	+0.069%	$264K	$7K	50x
OKX BIO-USDT-SWAP	+0.0054%	4h	0.02896	0.000%	$1.2M	$2.2M	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02904	+0.262%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02899	+0.104%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02902	+0.224%	$757K	$216K	3x	as long as short
Binance BIOUSDTlong	+0.0100%	4h	0.02896	long leg	$6.1M	$7.4M	50x
Bybit BIOUSDT	+0.0100%	4h	0.02898	+0.069%	$2.2M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02902	+0.207%	$1.5M	$310K	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	0.02897	+0.035%	$406K	$136K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02902	+0.207%	$561K	$116K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02897	+0.035%	$1.3M	$547K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02896	0.000%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02901	+0.189%	$34K	$65K	—	as long as short