BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.004%

Price spread now: BloFin against MEXC+0.070%94s7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as 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−$490.492% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.070%, 7d avg −0.001%

Together, before fees−0.149%−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.071% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 94 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	MEXC BIO_USDT	0.02872	0.0100	pay 0.0050% / 4h	11m 36s	$408K	$140K	20x
Short	BloFin BIO-USDT	0.02874	0.0110	get 0.0055% / 4h	11m 36s	$261K	$7K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.070%Rate

Funding earned: $2.05
Price spread: +0.070% → −0.001%: $7.11
Slippage, 4 orders: −$33.19
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$40.03
Costs to cover: 0.492%
Break-even: 143.6 days

Slippage from MEXC: live order book, 9 min ago; BloFin: live order book, 60 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, 9 min ago	3.49 bp	9.3 bp −$9	32.7 bp −$327	215.0 bp −$21.5K	doesn't fit
Sell BloFin live order book, 60 min ago	5.21 bp	16.4 bp −$16	35.7 bp −$357	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	−0.0896%	1h	0.02874	+0.074%	$11K	$6K	20x	as long as short
OKX BIO-USDT-SWAP	+0.0061%	4h	0.02869	−0.104%	$1.1M	$2.1M	20x	as long as short
Lighter BIO	+0.0096%	1h	0.02878	+0.202%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02874	+0.070%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02871	−0.018%	$21K	$101K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02871	−0.020%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02872	0.000%	$2.1M	$2.4M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02873	+0.035%	$1.5M	$340K	50x	as long as short
MEXC BIO_USDTlong	+0.0100%	4h	0.02872	long leg	$408K	$140K	20x
KuCoin BIOUSDTM	+0.0100%	4h	0.02875	+0.104%	$544K	$119K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BIOUSDT	+0.0100%	4h	0.02872	0.000%	$1.3M	$558K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02873	+0.035%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02871	−0.033%	$30K	$68K	—	as long as short
BloFin BIO-USDTshort	+0.0110%	4h	0.02874	+0.070%	$261K	$7K	50x
Hyperliquid BIO	+0.0343%	1h	0.02877	+0.188%	$751K	$210K	3x	as long as short