BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.015%

Price spread now: KuCoin against OKX+0.172%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs−$550as in the Funding arb table

Net, price: spread back to 7d avg − costs−$540as in the Price arb table

costs, in and out, $10k−$5535.528% of the position

Long on OKX Short on KuCoin

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)−0.111%−$11 · spread now +0.172%, 7d avg +0.048%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.124% dearer against OKX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.048%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BIO-USDT-SWAP	0.02902	0.0044	pay 0.0022% / 4h	3h 15m	$1.2M	$2.2M	20x
Short	KuCoin BIOUSDTM	0.02907	0.0100	get 0.0050% / 4h	3h 15m	$561K	$117K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.172%Rate

Funding earned: $11.69
Price spread: +0.172% → +0.048%: $12.39
Slippage, 4 orders: −$530.84
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$528.77
Costs to cover: 5.528%
Break-even: 323.6 days

Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 58 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 OKX live order book, 2 min ago	1.72 bp	25.7 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 58 min ago	8.61 bp	346.4 bp −$346	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	−0.0461%	1h	0.02904	+0.081%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0024%	4h	0.02903	+0.017%	$21K	$102K	5x	as long as short
OKX BIO-USDT-SWAPlong	+0.0044%	4h	0.02902	long leg	$1.2M	$2.2M	20x
Lighter BIO	+0.0096%	1h	0.02910	+0.279%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02902	0.000%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02909	+0.234%	$758K	$217K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02902	0.000%	$6.1M	$7.4M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02904	+0.069%	$2.2M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02907	+0.172%	$1.5M	$311K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02902	0.000%	$407K	$138K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTMshort	+0.0100%	4h	0.02907	+0.172%	$561K	$117K	20x
Bitget BIOUSDT	+0.0100%	4h	0.02905	+0.103%	$1.3M	$546K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02903	+0.034%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02903	+0.051%	$34K	$65K	—	as long as short
BloFin BIO-USDT	+0.0146%	4h	0.02904	+0.069%	$264K	$7K	50x	as long as short