BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h +0.004%

Price spread now: BingX against BloFin+0.105%66s7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as 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−$670.672% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.105%, 7d avg +0.047%

Together, before fees+0.053%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.058% dearer against BloFin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.047%. The two prices were read 66 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	0.02863	0.0091	pay 0.0046% / 4h	20m 15s	$262K	$7K	50x
Short	BingX BIO-USDT	0.02866	0.0100	get 0.0050% / 4h	20m 15s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.105%Rate

Funding earned: $1.89
Price spread: +0.105% → +0.047%: $5.78
Slippage, 4 orders: −$45.23
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$59.56
Costs to cover: 0.672%
Break-even: 228.1 days

Slippage from BloFin: live order book, 51 min ago; BingX: live order book, 1 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, 51 min ago	5.21 bp	14.5 bp −$15	33.3 bp −$333	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	5.24 bp	18.5 bp −$18	45.5 bp −$455	507.3 bp −$50.7K	779.4 bp −$389.7K

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	−0.0899%	1h	0.02865	+0.061%	$11K	$6K	20x	as long as short
OKX BIO-USDT-SWAP	+0.0034%	4h	0.02864	+0.035%	$1.1M	$2.1M	20x	as long as short
BloFin BIO-USDTlong	+0.0091%	4h	0.02863	long leg	$262K	$7K	50x
Lighter BIO	+0.0096%	1h	0.02871	+0.279%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02864	+0.035%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02865	+0.075%	$21K	$101K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02865	+0.070%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02866	+0.105%	$2.1M	$2.4M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02868	+0.175%	$1.5M	$340K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02866	+0.105%	$407K	$140K	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	0.02866	+0.105%	$542K	$118K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02864	+0.035%	$1.3M	$559K	50x	as long as short
BingX BIO-USDTshort	+0.0100%	4h	0.02866	+0.105%	—	$1.3M	—
Variational Omni BIO	+0.0100%	4h	0.02861	−0.052%	$30K	$68K	—	as long as short
Hyperliquid BIO	+0.0310%	1h	0.02871	+0.286%	$748K	$210K	3x	as long as short