Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.011%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.011%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC BIO_USDT | 0.02864 | 0.0100 | pay 0.0050% / 4h | 2h 03m | $376K | $128K | 20x |
| Short | Binance BIOUSDT | 0.02864 | 0.0100 | get 0.0050% / 4h | 2h 03m | $6.1M | $6.8M | 50x |
MEXC BIO_USDT
Binance BIOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0
- Price spread: −0.011% → +0.002%
- −$1.33
- Slippage, 4 orders
- −$39.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$54.96
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 10 min ago; Binance: 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 MEXC live order book, 10 min ago | 1.74 bp | 9.4 bp −$9 | 33.6 bp −$336 | 175.5 bp −$17.5K | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.74 bp | 18.4 bp −$18 | 62.7 bp −$627 | 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 | −0.0670% | 1h | 0.02866 | +0.082% | $11K | $6K | 20x | as long as short |
| Lighter BIO | +0.0096% | 1h | 0.02867 | +0.119% | $11K | $3K | 3x | as long as short |
| Orderly PERP_BIO_USDC | +0.0097% | 4h | 0.02862 | −0.070% | $13K | — | 10x | as long as short |
| Aster BIOUSDT | +0.0100% | 4h | 0.02864 | +0.003% | $19K | $93K | 5x | as long as short |
| Binance BIOUSDTshort | +0.0100% | 4h | 0.02864 | −0.011% | $6.1M | $6.8M | 50x | |
| Bybit BIOUSDT | +0.0100% | 4h | 0.02865 | +0.035% | $2.2M | $2.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.0100% | 4h | 0.02865 | +0.035% | $1.2M | $2.3M | 20x | as long as short |
| Gate BIO_USDT | +0.0100% | 8h | 0.02863 | −0.035% | $1.4M | $266K | 50x | as long as short |
| MEXC BIO_USDTlong | +0.0100% | 4h | 0.02864 | long leg | $376K | $128K | 20x | |
| KuCoin BIOUSDTM | +0.0100% | 4h | 0.02868 | +0.140% | $546K | $123K | 20x | as long as short |
Kraken Futures PF_BIOUSD
Lighter BIO
Orderly PERP_BIO_USDC
Aster 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 | 0.02865 | +0.035% | $1.3M | $534K | 50x | as long as short |
| BingX BIO-USDT | +0.0100% | 4h | 0.02863 | −0.035% | — | $1.4M | — | as long as short |
| Variational Omni BIO | +0.0100% | 4h | 0.02864 | +0.013% | $33K | $71K | — | as long as short |
| BloFin BIO-USDT | +0.0154% | 4h | 0.02864 | 0.000% | $262K | $9K | 50x | as long as short |
| Hyperliquid BIO | +0.0673% | 1h | 0.02870 | +0.199% | $751K | $217K | 3x | as long as short |
Bitget BIOUSDT
BingX BIO-USDT
Variational Omni BIO
BloFin BIO-USDT
Hyperliquid BIO