Settings8H · net · $10k
Funding arb · Price arb /

BIO

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.25 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Variational Omni−0.206%56s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.206% cheaper against Variational Omni than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BIO0.029010.0100pay 0.0050% / 4h1h 56m$31K$68K
ShortBloFin BIO-USDT0.028950.0049get 0.0025% / 4h1h 56m$262K$7K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. 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

Funding earned
−$10.69
Price spread: −0.206% → 0.000%
−$20.56
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$43.25
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 21 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BloFin live order book, 21 min ago1.74 bp24.6 bp −$2548.2 bp −$482doesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BIO on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD−0.0538%1h0.02887−0.472%$11K$6K20xas long as short
BloFin BIO-USDTshort+0.0049%4h0.02895−0.206%$262K$7K50x
Aster BIOUSDT+0.0074%4h0.02891−0.359%$21K$102K5xas long as short
Lighter BIO+0.0096%1h0.02891−0.354%$15K$7K3xas long as short
Orderly PERP_BIO_USDC+0.0100%4h0.02889−0.412%$13K10xas long as short
Hyperliquid BIO+0.0100%1h0.02892−0.323%$753K$216K3xas long as short
Binance BIOUSDT+0.0100%4h0.02886−0.516%$6.1M$7.6M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02888−0.447%$2.1M$2.5M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h0.02885−0.550%$1.1M$2.2M20xas long as short
Gate BIO_USDT+0.0100%8h0.02892−0.309%$1.5M$316K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BIO_USDT+0.0100%4h0.02886−0.516%$403K$136K20xas long as short
KuCoin BIOUSDTM+0.0100%4h0.02894−0.240%$562K$118K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02890−0.378%$1.3M$548K50xas long as short
BingX BIO-USDT+0.0100%4h0.02888−0.447%$1.3Mas long as short
Variational Omni BIOlong+0.0100%4h0.02901long leg$31K$68K