BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.015%

Price spread now: KuCoin against OKX+0.174%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$482as in the Funding arb table

Net, price: spread back to 7d avg − costs−$472as in the Price arb table

costs, in and out, $10k−$4854.848% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.174%, 7d avg +0.050%

Together, before fees−0.114%−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.124% dearer against OKX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BIO-USDT-SWAP	0.02878	0.0093	pay 0.0047% / 4h	1h 17m	$1.1M	$2.1M	20x
Short	KuCoin BIOUSDTM	0.02883	0.0100	get 0.0050% / 4h	1h 17m	$560K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now +0.174%Rate

Funding earned: $1.38
Price spread: +0.174% → +0.050%: $12.37
Slippage, 4 orders: −$462.8
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$471.06
Costs to cover: 4.848%
Break-even: 2403.5 days

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 26 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 OKX live order book, 4 min ago	1.74 bp	24.1 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 26 min ago	5.21 bp	296.9 bp −$297	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	−0.0539%	1h	0.02880	+0.067%	$11K	$6K	20x	as long as short
Aster BIOUSDT	+0.0046%	4h	0.02878	+0.008%	$21K	$102K	5x	as long as short
OKX BIO-USDT-SWAPlong	+0.0093%	4h	0.02878	long leg	$1.1M	$2.1M	20x
Lighter BIO	+0.0096%	1h	0.02885	+0.250%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02880	+0.069%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02884	+0.226%	$753K	$214K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02879	+0.025%	$6.1M	$7.6M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02879	+0.035%	$2.1M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02884	+0.208%	$1.5M	$333K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02879	+0.035%	$409K	$140K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTMshort	+0.0100%	4h	0.02883	+0.174%	$560K	$116K	20x
Bitget BIOUSDT	+0.0100%	4h	0.02881	+0.104%	$1.3M	$554K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02880	+0.069%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02878	+0.017%	$30K	$68K	—	as long as short
BloFin BIO-USDT	+0.0110%	4h	0.02881	+0.104%	$262K	$7K	50x	as long as short