Settings8H · net · $10k
Funding arb · Price arb /

BIO

all BIO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0150%/8hnext payment +$0.75 per $10,000 · paid last 24h +0.008%
Price spread now: KuCoin against Binance+0.069%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$629as in the Funding arb table
Net, price: spread back to 7d avg − costs−$631as in the Price arb table
costs, in and out, $10k−$6296.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.069%, 7d avg +0.084%
Together, before fees+0.047%+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance BIOUSDT0.028960.0100pay 0.0050% / 4h24m 38s$6.1M$6.6M50x
ShortKuCoin BIOUSDTM0.028980.0250get 0.0125% / 4h24m 38s$551K$127K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$31.5
Price spread: +0.069% → +0.084%
−$1.56
Slippage, 4 orders
−$607.07
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$599.12
Costs to cover
6.291%
Break-even
140.1 days
Slippage from Binance: live order book, 3 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.74 bp15.0 bp −$1565.4 bp −$654doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago12.10 bp382.3 bp −$382doesn't fitdoesn't fitdoesn't fit

BIO on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD−0.0774%1h0.02896+0.014%$11K$9K20xas long as short
BloFin BIO-USDT+0.0065%4h0.02894−0.069%$268K$13K50xas long as short
Lighter BIO+0.0096%1h0.02899+0.089%$11K$3K3xas long as short
Orderly PERP_BIO_USDC+0.0097%4h0.02892−0.139%$13K10xas long as short
Hyperliquid BIO+0.0100%1h0.02900+0.127%$762K$213K3xas long as short
Aster BIOUSDT+0.0100%4h0.02897+0.038%$23K$69K5xas long as short
Binance BIOUSDTlong+0.0100%4h0.02896long leg$6.1M$6.6M50x
Bybit BIOUSDT+0.0100%4h0.02898+0.069%$2.3M$2.6M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h0.02895−0.035%$1.2M$2.3M20xas long as short
Gate BIO_USDT+0.0100%8h0.02894−0.069%$1.4M$252K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BIO_USDT+0.0100%4h0.028960.000%$387K$127K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02895−0.035%$1.3M$503K50xas long as short
BingX BIO-USDT+0.0100%4h0.02894−0.069%$1.4Mas long as short
Variational Omni BIO+0.0100%4h0.02885−0.381%$40K$64Kas long as short
KuCoin BIOUSDTMshort+0.0250%4h0.02898+0.069%$551K$127K20x