BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.25 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against Bitget+0.035%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$800.799% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.035%, 7d avg −0.008%

Together, before fees−0.128%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.043% dearer against Bitget than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.008%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.030% in total) that is about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BIOUSDT	0.02894	0.0100	pay 0.0050% / 4h	1h 57m	$1.3M	$548K	50x
Short	BloFin BIO-USDT	0.02895	0.0049	get 0.0025% / 4h	1h 57m	$262K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$10.69
Price spread: +0.035% → −0.008%: $4.25
Slippage, 4 orders: −$55.9
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$86.34
Costs to cover: 0.799%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 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 Bitget live order book, 4 min ago	3.44 bp	20.5 bp −$20	69.5 bp −$695	doesn't fit	doesn't fit
Sell BloFin live order book, 19 min ago	1.74 bp	24.6 bp −$25	48.2 bp −$482	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	−0.0537%	1h	0.02893	−0.033%	$11K	$6K	20x	as long as short
BloFin BIO-USDTshort	+0.0049%	4h	0.02895	+0.035%	$262K	$7K	50x
Aster BIOUSDT	+0.0072%	4h	0.02895	+0.024%	$21K	$102K	5x	as long as short
Lighter BIO	+0.0096%	1h	0.02899	+0.176%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0100%	4h	0.02893	−0.035%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02899	+0.162%	$755K	$216K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02893	−0.049%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02894	0.000%	$2.1M	$2.5M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02891	−0.104%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02897	+0.104%	$1.5M	$316K	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	0.02893	−0.035%	$404K	$136K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02897	+0.104%	$563K	$118K	20x	as long as short
Bitget BIOUSDTlong	+0.0100%	4h	0.02894	long leg	$1.3M	$548K	50x
BingX BIO-USDT	+0.0100%	4h	0.02893	−0.035%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02901	+0.241%	$31K	$68K	—	as long as short