BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.007%

Price spread now: BingX against BloFin−0.035%51s7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as 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−$680.679% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.035%, 7d avg +0.042%

Together, before fees+0.287%+$29 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.077% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 51 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	BloFin BIO-USDT	0.02891	0.0118	pay 0.0059% / 4h	18m 15s	$263K	$7K	50x
Short	BingX BIO-USDT	0.02890	0.0100	get 0.0050% / 4h	18m 15s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$3.85
Price spread: −0.035% → +0.042%: −$7.7
Slippage, 4 orders: −$45.85
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$79.39
Costs to cover: 0.679%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; BingX: live order book, 13 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 BloFin live order book, 14 min ago	1.73 bp	11.8 bp −$12	39.3 bp −$393	doesn't fit	doesn't fit
Sell BingX live order book, 13 min ago	5.19 bp	18.7 bp −$19	57.4 bp −$574	516.3 bp −$51.6K	812.2 bp −$406.1K

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	−0.1157%	1h	0.02892	+0.035%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0056%	4h	0.02889	−0.081%	$21K	$105K	5x	as long as short
OKX BIO-USDT-SWAP	+0.0067%	4h	0.02894	+0.104%	$1.2M	$2.2M	20x	as long as short
Orderly PERP_BIO_USDC	+0.0095%	4h	0.02890	−0.035%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02898	+0.242%	$15K	$7K	3x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02896	+0.159%	$755K	$223K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02890	−0.049%	$6.1M	$7.5M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02889	−0.069%	$2.2M	$2.6M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02893	+0.069%	$1.5M	$310K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02889	−0.069%	$407K	$134K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02893	+0.069%	$558K	$117K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02890	−0.035%	$1.3M	$556K	50x	as long as short
BingX BIO-USDTshort	+0.0100%	4h	0.02890	−0.035%	—	$1.3M	—
Variational Omni BIO	+0.0100%	4h	0.02893	+0.085%	$33K	$66K	—	as long as short
BloFin BIO-USDTlong	+0.0118%	4h	0.02891	long leg	$263K	$7K	50x