BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.005%

Price spread now: Aster against MEXC+0.100%7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$560.560% of the position

Long on MEXC Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.100%, 7d avg +0.016%

Together, before fees−0.053%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.084% dearer against MEXC than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.016%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 6 days (−0.017% in total) that is about 27 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC BIO_USDT	0.02887	0.0100	pay 0.0050% / 4h	1h 55m	$404K	$136K	20x
Short	Aster BIOUSDT	0.02890	0.0074	get 0.0037% / 4h	1h 55m	$21K	$102K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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 MEXCbpFee AsterbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$5.45
Price spread: +0.100% → +0.016%: $8.37
Slippage, 4 orders: −$43.98
Fee MEXC: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$53.05
Costs to cover: 0.560%
Break-even: never at this rate

Slippage from MEXC: live order book, 35 min ago; Aster: live order book, 32 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 MEXC live order book, 35 min ago	1.75 bp	6.8 bp −$7	24.2 bp −$242	186.0 bp −$18.6K	doesn't fit
Sell Aster live order book, 32 min ago	5.26 bp	21.0 bp −$21	551.2 bp −$5,512	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	−0.0538%	1h	0.02887	+0.009%	$11K	$6K	20x	as long as short
BloFin BIO-USDT	+0.0049%	4h	0.02895	+0.277%	$262K	$7K	50x	as long as short
Aster BIOUSDTshort	+0.0074%	4h	0.02890	+0.100%	$21K	$102K	5x
Lighter BIO	+0.0096%	1h	0.02893	+0.204%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0100%	4h	0.02889	+0.069%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02891	+0.152%	$753K	$216K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02886	−0.048%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02887	0.000%	$2.1M	$2.5M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02885	−0.069%	$1.1M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02891	+0.139%	$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_USDTlong	+0.0100%	4h	0.02887	long leg	$404K	$136K	20x
KuCoin BIOUSDTM	+0.0100%	4h	0.02890	+0.104%	$561K	$118K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02890	+0.104%	$1.3M	$548K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02888	+0.035%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02887	0.000%	$31K	$68K	—	as long as short