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

BIO

all BIO markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$620.620% of the position
What this pair did over the last
the charts below follow
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%
Together, before fees−0.180%−$18 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 0.081% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX BIO-USDT0.029220.0100pay 0.0050% / 4h9m 44s$1.3M
ShortBloFin BIO-USDT0.029230.0101get 0.0050% / 4h9m 44s$282K$5K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago3.40 bp13.9 bp −$1437.8 bp −$378510.2 bp −$51.0K785.3 bp −$392.7K
Sell BloFin live order book, 50 min ago1.71 bp20.1 bp −$2034.9 bp −$349doesn't fitdoesn't fit

BIO on 15 exchanges

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−0.0034%1h0.02923+0.030%$11K$39420xas long as short
Orderly PERP_BIO_USDC+0.0094%4h0.02919−0.103%$13K$30910xas long as short
Lighter BIO+0.0096%1h0.02928+0.209%$15K$5K3xas long as short
Aster BIOUSDT+0.0100%4h0.02920−0.055%$21K$98K5xas long as short
Binance BIOUSDT+0.0100%4h0.02920−0.055%$6.2M$7.1M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02923+0.034%$2.2M$1.8M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h0.029220.000%$1.2M$1.5M20xas long as short
Gate BIO_USDT+0.0100%8h0.029220.000%$1.5M$483K50xas long as short
MEXC BIO_USDT+0.0100%4h0.02921−0.034%$438K$129K20xas long as short
KuCoin BIOUSDTM+0.0100%4h0.02923+0.034%$508K$115K20xas long as short
Show all 15 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BIOUSDT+0.0100%4h0.02923+0.034%$1.3M$523K50xas long as short
BingX BIO-USDTlong+0.0100%4h0.02922long leg$1.3M
Variational Omni BIO+0.0100%4h0.02920−0.078%$28K$15Kas long as short
BloFin BIO-USDTshort+0.0101%4h0.02923+0.034%$282K$5K50x
Hyperliquid BIO+0.0766%1h0.02927+0.168%$801K$163K3xas long as short