BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%

Price spread now: OKX against BloFin+0.174%93s7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$89as 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−$870.875% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.174%, 7d avg +0.031%

Together, before fees+0.016%+$2 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: OKX is 0.143% dearer against BloFin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.031%. The two prices were read 93 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	0.02872	0.0096	pay 0.0048% / 4h	1h 45m	$262K	$9K	50x
Short	OKX BIO-USDT-SWAP	0.02877	0.0100	get 0.0050% / 4h	1h 45m	$1.2M	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.174%Rate

Funding earned: $0.93
Price spread: +0.174% → +0.031%: $14.31
Slippage, 4 orders: −$65.47
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$72.23
Costs to cover: 0.875%
Break-even: 552.9 days

Slippage from BloFin: live order book, 30 min ago; OKX: live order book, 1 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, 30 min ago	1.74 bp	20.9 bp −$21	42.6 bp −$426	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	1.74 bp	28.3 bp −$28	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
BloFin BIO-USDTlong	+0.0096%	4h	0.02872	long leg	$262K	$9K	50x
Lighter BIO	+0.0096%	1h	0.02879	+0.237%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02873	+0.035%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02875	+0.110%	$19K	$92K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02877	+0.158%	$6.1M	$6.8M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02879	+0.244%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAPshort	+0.0100%	4h	0.02877	+0.174%	$1.2M	$2.3M	20x
Gate BIO_USDT	+0.0100%	8h	0.02874	+0.070%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02875	+0.104%	$385K	$126K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02879	+0.244%	$554K	$126K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BIOUSDT	+0.0100%	4h	0.02877	+0.174%	$1.3M	$533K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02874	+0.070%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02876	+0.131%	$33K	$71K	—	as long as short
Kraken Futures PF_BIOUSD	+0.0169%	1h	0.02877	+0.175%	$11K	$6K	20x	as long as short
Hyperliquid BIO	+0.0418%	1h	0.02880	+0.282%	$750K	$219K	3x	as long as short