BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.11 per $10,000 · paid last 24h −0.007%

Price spread now: BloFin against Bitget−0.138%95s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as 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−$790.792% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 4 days (all we have)−0.227%−$23 · spread now −0.138%, 7d avg +0.008%

Together, before fees−0.260%−$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.146% cheaper against Bitget than usual: you would sell low and buy high (spread −0.138% now, against its 7-day average of +0.008%). If the spread goes back, that is −$15 on $10k: about 23 days of funding at the current rate (+$1 a day). The two prices were read 95 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	Bitget BIOUSDT	0.02903	0.0100	pay 0.0050% / 4h	1h 33m	$1.3M	$544K	50x
Short	BloFin BIO-USDT	0.02899	0.0121	get 0.0061% / 4h	1h 33m	$264K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.138%Rate

Funding earned: $4.41
Price spread: −0.138% → +0.008%: −$14.61
Slippage, 4 orders: −$55.24
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$89.44
Costs to cover: 0.792%
Break-even: 148.8 days

Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 6 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 Bitget live order book, 3 min ago	3.45 bp	18.8 bp −$19	58.8 bp −$588	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	6.91 bp	20.6 bp −$21	39.5 bp −$395	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	−0.0631%	1h	0.02900	−0.116%	$11K	$6K	20x	as long as short
Aster BIOUSDT	+0.0031%	4h	0.02898	−0.174%	$21K	$103K	5x	as long as short
Orderly PERP_BIO_USDC	+0.0093%	4h	0.02900	−0.103%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02904	+0.021%	$15K	$7K	3x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02906	+0.093%	$757K	$220K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02903	0.000%	$6.1M	$7.2M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02904	+0.034%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02901	−0.069%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02903	0.000%	$1.5M	$288K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02901	−0.069%	$408K	$132K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02904	+0.034%	$569K	$119K	20x	as long as short
Bitget BIOUSDTlong	+0.0100%	4h	0.02903	long leg	$1.3M	$544K	50x
BingX BIO-USDT	+0.0100%	4h	0.02901	−0.069%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02897	−0.209%	$33K	$66K	—	as long as short
BloFin BIO-USDTshort	+0.0121%	4h	0.02899	−0.138%	$264K	$7K	50x