Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h −0.005%
Price spread now: BloFin against Variational Omni−0.278%101s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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 $0 a day on $10k at the current rate, and BloFin is 0.278% cheaper against Variational Omni than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 101 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 | Variational Omni BIO | 0.02916 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $34K | $71K | — |
| Short | BloFin BIO-USDT | 0.02908 | 0.0090 | get 0.0045% / 4h | 3h 55m | $263K | $10K | 50x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.1
- Price spread: −0.278% → 0.000%
- −$27.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$41.9
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 11 min ago. Net counts fees only.
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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 11 min ago | 5.19 bp | 20.2 bp −$20 | 42.6 bp −$426 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSD | −0.0223% | 1h | 0.02914 | −0.074% | $11K | $6K | 20x | as long as short |
| BloFin BIO-USDTshort | +0.0090% | 4h | 0.02908 | −0.278% | $263K | $10K | 50x | |
| Lighter BIO | +0.0096% | 1h | 0.02911 | −0.175% | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0096% | 4h | 0.02912 | −0.141% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02911 | −0.175% | $21K | $94K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02908 | −0.291% | $6.2M | $6.9M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02908 | −0.278% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02905 | −0.381% | $1.2M | $2.2M | 20x | as long as short |
| MEXC BIO_USDT | +0.0100% | 4h | 0.02910 | −0.209% | $389K | $126K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02915 | −0.038% | $563K | $116K | 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 | 0.02907 | −0.312% | $1.3M | $501K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02908 | −0.278% | — | $1.4M | — | as long as short |
| Variational Omni BIOlong | +0.0100% | 4h | 0.02916 | long leg | $34K | $71K | — | |
| Hyperliquid BIO | +0.0112% | 1h | 0.02916 | −0.014% | $764K | $218K | 3x | as long as short |
| Gate BIO_USDT | +0.0257% | 8h | 0.02911 | −0.175% | $1.5M | $270K | 50x | as long as short |
Variational Omni BIO
BloFin BIO-USDT
Kraken Futures PF_BIOUSD
Lighter BIO
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
MEXC BIO_USDT
KuCoin BIOUSDTM
Bitget BIOUSDT
BingX BIO-USDT
Hyperliquid BIO
Gate BIO_USDT