Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against BloFin−0.035%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 3 days (all we have)+0.144%+$14 · spread now −0.035%, 7d avg −0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BIO-USDT | 0.02870 | 0.0094 | pay 0.0047% / 4h | 1h 48m | $261K | $9K | 50x |
| Short | MEXC BIO_USDT | 0.02869 | 0.0100 | get 0.0050% / 4h | 1h 48m | $384K | $125K | 20x |
BloFin BIO-USDT
MEXC BIO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.31
- Price spread: −0.035% → −0.018%
- −$1.72
- Slippage, 4 orders
- −$37.27
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.68
- Costs to cover
- 0.533%
- Break-even
- 293.6 days
Slippage from BloFin: live order book, 28 min ago; MEXC: live order book, 25 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, 28 min ago | 1.74 bp | 20.9 bp −$21 | 42.6 bp −$426 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 25 min ago | 1.74 bp | 11.0 bp −$11 | 36.2 bp −$362 | 196.5 bp −$19.7K | 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 | +0.0094% | 4h | 0.02870 | long leg | $261K | $9K | 50x | |
| Lighter BIO | +0.0096% | 1h | 0.02874 | +0.132% | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0097% | 4h | 0.02868 | −0.070% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02871 | +0.040% | $19K | $92K | 5x | as long as short |
| Binance BIOUSDT | +0.0100% | 4h | 0.02871 | +0.035% | $6.1M | $6.8M | 50x | as long as short |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02872 | +0.070% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02872 | +0.070% | $1.2M | $2.3M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02872 | +0.070% | $1.4M | $265K | 50x | as long as short |
| MEXC BIO_USDTshort | +0.0100% | 4h | 0.02869 | −0.035% | $384K | $125K | 20x | |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02874 | +0.139% | $553K | $126K | 20x | as long as short |
Lighter BIO
Orderly PERP_BIO_USDC
Aster BIOUSDT
Binance BIOUSDT
Bybit BIOUSDT
OKX BIO-USDT-SWAP
Gate BIO_USDT
KuCoin BIOUSDTMShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BIOUSDT | +0.0100% | 4h | 0.02871 | +0.035% | $1.3M | $533K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02869 | −0.035% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02876 | +0.201% | $33K | $71K | — | as long as short |
| Kraken Futures PF_BIOUSD | +0.0169% | 1h | 0.02873 | +0.099% | $11K | $6K | 20x | as long as short |
| Hyperliquid BIO | +0.0369% | 1h | 0.02876 | +0.202% | $749K | $219K | 3x | as long as short |
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
Kraken Futures PF_BIOUSD
Hyperliquid BIO