BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0033%/8h= +3.7% APRnext payment +$0.17 per $10,000 · paid last 24h −0.007%

Price spread now: BloFin against Binance+0.153%371s7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$580.582% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 3 days (all we have)−0.221%−$22 · spread now +0.153%, 7d avg +0.016%

Together, before fees−0.229%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.138% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 371 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	Binance BIOUSDT	0.02900	0.0100	pay 0.0050% / 4h	2h 43m	$6.2M	$7.2M	50x
Short	BloFin BIO-USDT	0.02904	0.0133	get 0.0067% / 4h	2h 43m	$266K	$10K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now +0.153%Rate

Funding earned: $7.02
Price spread: +0.153% → +0.016%: $13.75
Slippage, 4 orders: −$36.19
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$37.41
Costs to cover: 0.582%
Break-even: 44.3 days

Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 18 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 Binance live order book, 11 min ago	1.73 bp	13.6 bp −$14	59.5 bp −$595	doesn't fit	doesn't fit
Sell BloFin live order book, 18 min ago	3.44 bp	12.5 bp −$12	32.8 bp −$328	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	−0.0538%	1h	0.02907	+0.269%	$11K	$6K	20x	as long as short
Orderly PERP_BIO_USDC	+0.0094%	4h	0.02904	+0.153%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02908	+0.301%	$11K	$3K	3x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02906	+0.206%	$21K	$97K	5x	as long as short
Binance BIOUSDTlong	+0.0100%	4h	0.02900	long leg	$6.2M	$7.2M	50x
Bybit BIOUSDT	+0.0100%	4h	0.02901	+0.050%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02894	−0.192%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02904	+0.153%	$1.5M	$300K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02904	+0.153%	$400K	$128K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02908	+0.291%	$564K	$118K	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	0.02905	+0.188%	$1.3M	$523K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02906	+0.222%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02904	+0.155%	$34K	$68K	—	as long as short
BloFin BIO-USDTshort	+0.0133%	4h	0.02904	+0.153%	$266K	$10K	50x
Hyperliquid BIO	+0.0151%	1h	0.02908	+0.305%	$760K	$220K	3x	as long as short