Funding you earn now, next payment 20:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against BingX+0.034%81s7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$620.620% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.034%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.081% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.047%. The two prices were read 81 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 | BingX BIO-USDT | 0.02922 | 0.0100 | pay 0.0050% / 4h | 9m 44s | — | $1.3M | — |
| Short | BloFin BIO-USDT | 0.02923 | 0.0101 | get 0.0050% / 4h | 9m 44s | $282K | $5K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.18
- Price spread: +0.034% → −0.047%
- $8.14
- Slippage, 4 orders
- −$39.98
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$53.67
- Costs to cover
- 0.620%
- Break-even
- 2141.5 days
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 50 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 BingX live order book, 14 min ago | 3.40 bp | 13.9 bp −$14 | 37.8 bp −$378 | 510.2 bp −$51.0K | 785.3 bp −$392.7K |
| Sell BloFin live order book, 50 min ago | 1.71 bp | 20.1 bp −$20 | 34.9 bp −$349 | doesn't fit | doesn't fit |
BIO on 15 exchanges
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 | −0.0034% | 1h | 0.02923 | +0.030% | $11K | $394 | 20x | as long as short |
| Orderly PERP_BIO_USDC | +0.0094% | 4h | 0.02919 | −0.103% | $13K | $309 | 10x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02928 | +0.209% | $15K | $5K | 3x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02920 | −0.055% | $21K | $98K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02920 | −0.055% | $6.2M | $7.1M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02923 | +0.034% | $2.2M | $1.8M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02922 | 0.000% | $1.2M | $1.5M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02922 | 0.000% | $1.5M | $483K | 50x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02921 | −0.034% | $438K | $129K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02923 | +0.034% | $508K | $115K | 20x | as long as short |
Show all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02923 | +0.034% | $1.3M | $523K | 50x | as long as short |
| BingX BIO-USDTlong | +0.0100% | 4h | 0.02922 | long leg | — | $1.3M | — | |
| Variational Omni BIO | +0.0100% | 4h | 0.02920 | −0.078% | $28K | $15K | — | as long as short |
| BloFin BIO-USDTshort | +0.0101% | 4h | 0.02923 | +0.034% | $282K | $5K | 50x | |
| Hyperliquid BIO | +0.0766% | 1h | 0.02927 | +0.168% | $801K | $163K | 3x | as long as short |
BingX BIO-USDT
BloFin BIO-USDT
Kraken Futures PF_BIOUSD
Lighter BIO
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
Variational Omni BIO
Hyperliquid BIO