BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h +0.018%

Price spread now: KuCoin against BloFin+0.035%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$599as in the Funding arb table

Net, price: spread back to 7d avg − costs−$606as in the Price arb table

costs, in and out, $10k−$6006.002% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.475%+$48 · spread now +0.035%, 7d avg +0.097%

Together, before fees+0.489%+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.062% cheaper against BloFin than usual: you would sell low and buy high (spread +0.035% now, against its 7-day average of +0.097%). If the spread goes back, that is −$6 on $10k: about 4.6 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.013% in total) that is about 33 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin BIO-USDT	0.02888	0.0054	pay 0.0027% / 4h	3h 18m	$263K	$7K	50x
Short	KuCoin BIOUSDTM	0.02889	0.0100	get 0.0050% / 4h	3h 18m	$548K	$119K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.035%Rate

Funding earned: $9.59
Price spread: +0.035% → +0.097%: −$6.24
Slippage, 4 orders: −$576.21
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$596.85
Costs to cover: 6.002%
Break-even: 442.6 days

Slippage from BloFin: live order book, 48 min ago; KuCoin: live order book, 5 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, 48 min ago	1.74 bp	18.0 bp −$18	37.5 bp −$375	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	8.68 bp	413.7 bp −$414	doesn't fit	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	−0.0681%	1h	0.02888	−0.010%	$11K	$6K	20x	as long as short
BloFin BIO-USDTlong	+0.0054%	4h	0.02888	long leg	$263K	$7K	50x
Lighter BIO	+0.0096%	1h	0.02893	+0.187%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02888	0.000%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02893	+0.184%	$756K	$195K	3x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02888	+0.006%	$21K	$101K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02889	+0.035%	$6.1M	$7.5M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02889	+0.035%	$2.1M	$2.3M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02889	+0.035%	$1.1M	$2.0M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02890	+0.069%	$1.5M	$341K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC BIO_USDT	+0.0100%	4h	0.02887	−0.035%	$410K	$140K	20x	as long as short
KuCoin BIOUSDTMshort	+0.0100%	4h	0.02889	+0.035%	$548K	$119K	20x
Bitget BIOUSDT	+0.0100%	4h	0.02889	+0.035%	$1.3M	$547K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02889	+0.035%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02890	+0.055%	$31K	$68K	—	as long as short