BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.019%

Price spread now: KuCoin against BloFin+0.105%95s7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$592as 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−$5935.932% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.105%, 7d avg +0.095%

Together, before fees+0.101%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.095%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 95 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	0.02850	0.0089	pay 0.0045% / 4h	2h 25m	$260K	$7K	50x
Short	KuCoin BIOUSDTM	0.02853	0.0100	get 0.0050% / 4h	2h 25m	$555K	$118K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.105%Rate

Funding earned: $2.24
Price spread: +0.105% → +0.095%: $1.06
Slippage, 4 orders: −$569.17
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$589.87
Costs to cover: 5.932%
Break-even: 1850.1 days

Slippage from BloFin: live order book, 56 min ago; KuCoin: live order book, 33 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, 56 min ago	6.89 bp	19.4 bp −$19	36.8 bp −$368	doesn't fit	doesn't fit
Sell KuCoin live order book, 33 min ago	8.66 bp	320.2 bp −$320	doesn't fit	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	−0.0575%	1h	0.02849	−0.031%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0007%	4h	0.02855	+0.180%	$21K	$101K	5x	as long as short
OKX BIO-USDT-SWAP	+0.0036%	4h	0.02858	+0.281%	$1.1M	$2.1M	20x	as long as short
BloFin BIO-USDTlong	+0.0089%	4h	0.02850	long leg	$260K	$7K	50x
Lighter BIO	+0.0096%	1h	0.02859	+0.305%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02851	+0.035%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02856	+0.211%	$745K	$215K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02858	+0.295%	$6.0M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02859	+0.316%	$2.1M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02855	+0.175%	$1.5M	$317K	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	0.02857	+0.246%	$404K	$137K	20x	as long as short
KuCoin BIOUSDTMshort	+0.0100%	4h	0.02853	+0.105%	$555K	$118K	20x
Bitget BIOUSDT	+0.0100%	4h	0.02858	+0.281%	$1.3M	$550K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02857	+0.246%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02851	+0.019%	$30K	$68K	—	as long as short