Funding arb · Price arb /

BIO

all BIO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.075%

Price spread now: Hyperliquid against Variational Omni+0.179%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Hyperliquid

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 · Hyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.179% dearer against Variational Omni than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BIO	0.02890	0.0100	pay 0.0050% / 4h	1h 57m	$27K	$71K	—
Short	Hyperliquid BIO	0.02896	0.0100	get 0.0013% / 1h	57m 42s	$758K	$176K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.179%Rate

Funding earned: $0
Price spread: +0.179% → 0.000%: $17.92
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $8.92
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 50 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 Hyperliquid live order book, 50 min ago	1.74 bp	17.8 bp −$18	doesn't fit	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 exchanges

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	−0.0885%	1h	0.02891	+0.015%	$11K	$6K	20x	as long as short
BloFin BIO-USDT	+0.0078%	4h	0.02884	−0.219%	$266K	$4K	50x	as long as short
Lighter BIO	+0.0096%	1h	0.02894	+0.127%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0098%	4h	0.02891	+0.023%	$13K	—	10x	as long as short
Hyperliquid BIOshort	+0.0100%	1h	0.02896	+0.179%	$758K	$176K	3x
Aster BIOUSDT	+0.0100%	4h	0.02894	+0.145%	$26K	$91K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02889	−0.031%	$6.1M	$7.1M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02892	+0.058%	$2.1M	$2.2M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02887	−0.115%	$1.1M	$1.9M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02895	+0.162%	$1.5M	$325K	50x	as long as short

Show all 15 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BIO_USDT	+0.0100%	4h	0.02889	−0.046%	$391K	$137K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02892	+0.058%	$523K	$125K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02894	+0.127%	$1.3M	$526K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02891	+0.023%	—	$1.4M	—	as long as short
Variational Omni BIOlong	+0.0100%	4h	0.02890	long leg	$27K	$71K	—