BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.005%

Price spread now: Binance against BloFin−0.202%81s7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as 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−$610.606% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.302%+$30 · spread now −0.202%, 7d avg −0.016%

Together, before fees+0.305%+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.186% cheaper against BloFin than usual: you would sell low and buy high (spread −0.202% now, against its 7-day average of −0.016%). If the spread goes back, that is −$19 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.004% in total) that is about 12 months. The two prices were read 81 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	BloFin BIO-USDT	0.02891	0.0054	pay 0.0027% / 4h	26m 00s	$264K	$10K	50x
Short	Binance BIOUSDT	0.02885	0.0100	get 0.0050% / 4h	26m 00s	$6.1M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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 BloFinbpFee BinancebpOrdersPrice spread, now −0.202%Rate

Funding earned: $9.61
Price spread: −0.202% → −0.016%: −$18.64
Slippage, 4 orders: −$38.65
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$69.68
Costs to cover: 0.606%
Break-even: 57.7 days

Slippage from BloFin: live order book, 45 min ago; Binance: live order book, 13 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 BloFin live order book, 45 min ago	1.74 bp	14.3 bp −$14	30.7 bp −$307	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	1.73 bp	13.4 bp −$13	40.9 bp −$409	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
BloFin BIO-USDTlong	+0.0054%	4h	0.02891	long leg	$264K	$10K	50x
Kraken Futures PF_BIOUSD	+0.0060%	1h	0.02890	−0.039%	$11K	$6K	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02890	−0.024%	$11K	$3K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0098%	4h	0.02887	−0.138%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02889	−0.057%	$21K	$96K	5x	as long as short
Binance BIOUSDTshort	+0.0100%	4h	0.02885	−0.202%	$6.1M	$6.9M	50x
Bybit BIOUSDT	+0.0100%	4h	0.02890	−0.035%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02887	−0.138%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02890	−0.035%	$1.5M	$276K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02886	−0.173%	$388K	$127K	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	0.02893	+0.069%	$559K	$119K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02889	−0.069%	$1.3M	$524K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02888	−0.104%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02892	+0.040%	$33K	$71K	—	as long as short
Hyperliquid BIO	+0.0327%	1h	0.02894	+0.121%	$756K	$220K	3x	as long as short