BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.076%

Price spread now: BingX against Hyperliquid−0.122%7-day average −0.132% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$690.686% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.122%, 7d avg −0.132%

Together, before fees−0.010%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.132%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid BIO	0.02941	0.0125	pay 0.0016% / 1h	14m 45s	$770K	$215K	3x
Short	BingX BIO-USDT	0.02937	0.0100	get 0.0050% / 4h	3h 14m	—	$1.4M	—

Funding history

latest

Range statsloading…

BingX against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee HyperliquidbpFee BingXbpOrdersPrice spread, now −0.122%Rate

Slippage from Hyperliquid: live order book, 45 min ago; BingX: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 45 min ago	1.20 bp	21.4 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	5.11 bp	17.2 bp −$17	54.6 bp −$546	545.0 bp −$54.5K	doesn't fit

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	−0.0221%	1h	0.02938	−0.101%	$11K	$6K	20x	as long as short
Orderly PERP_BIO_USDC	+0.0094%	4h	0.02936	−0.156%	$13K	—	10x	as long as short
BloFin BIO-USDT	+0.0096%	4h	0.02936	−0.156%	$267K	$10K	50x	as long as short
Lighter BIO	+0.0096%	1h	0.02938	−0.095%	$11K	$3K	3x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02936	−0.143%	$21K	$95K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02937	−0.136%	$6.3M	$6.9M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02941	+0.014%	$2.3M	$2.5M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02938	−0.088%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02937	−0.122%	$1.5M	$285K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02937	−0.122%	$401K	$129K	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	0.02941	+0.014%	$569K	$117K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02937	−0.122%	$1.3M	$504K	50x	as long as short
BingX BIO-USDTshort	+0.0100%	4h	0.02937	−0.122%	—	$1.4M	—
Variational Omni BIO	+0.0100%	4h	0.02936	−0.172%	$34K	$68K	—	as long as short
Hyperliquid BIOlong	+0.0125%	1h	0.02941	long leg	$770K	$215K	3x