BIO

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

Long on Variational Omni Short on BloFin

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 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 −$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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BIO	0.02901	0.0100	pay 0.0050% / 4h	1h 56m	$31K	$68K	—
Short	BloFin BIO-USDT	0.02895	0.0049	get 0.0025% / 4h	1h 56m	$262K	$7K	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 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 Variational OmnibpFee BloFinbpOrdersPrice spread, now −0.206%Rate

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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell BloFin live order book, 21 min ago	1.74 bp	24.6 bp −$25	48.2 bp −$482	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	−0.0538%	1h	0.02887	−0.472%	$11K	$6K	20x	as long as short
BloFin BIO-USDTshort	+0.0049%	4h	0.02895	−0.206%	$262K	$7K	50x
Aster BIOUSDT	+0.0074%	4h	0.02891	−0.359%	$21K	$102K	5x	as long as short
Lighter BIO	+0.0096%	1h	0.02891	−0.354%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0100%	4h	0.02889	−0.412%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02892	−0.323%	$753K	$216K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02886	−0.516%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02888	−0.447%	$2.1M	$2.5M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02885	−0.550%	$1.1M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02892	−0.309%	$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_USDT	+0.0100%	4h	0.02886	−0.516%	$403K	$136K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02894	−0.240%	$562K	$118K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02890	−0.378%	$1.3M	$548K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02888	−0.447%	—	$1.3M	—	as long as short
Variational Omni BIOlong	+0.0100%	4h	0.02901	long leg	$31K	$68K	—