BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.31 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against OKX−0.069%7-day average −0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

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

costs, in and out, $10k−$660.658% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.069%, 7d avg −0.047%

Together, before fees+0.005%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.022% cheaper against OKX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.047%). If the spread goes back, that is −$2 on $10k: about 28 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.022% in total) that is about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX BIO-USDT-SWAP	0.02905	0.0038	pay 0.0019% / 4h	3h 20m	$1.2M	$2.2M	20x
Short	MEXC BIO_USDT	0.02903	0.0100	get 0.0050% / 4h	3h 20m	$407K	$138K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.069%Rate

Funding earned: $13.03
Price spread: −0.069% → −0.047%: −$2.18
Slippage, 4 orders: −$51.78
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$54.92
Costs to cover: 0.658%
Break-even: 36.5 days

Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 15 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, 2 min ago	1.72 bp	24.1 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 15 min ago	1.72 bp	10.1 bp −$10	36.8 bp −$368	223.9 bp −$22.4K	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	−0.0460%	1h	0.02908	+0.094%	$11K	$6K	20x	as long as short
Aster BIOUSDT	−0.0040%	4h	0.02900	−0.158%	$21K	$102K	5x	as long as short
OKX BIO-USDT-SWAPlong	+0.0038%	4h	0.02905	long leg	$1.2M	$2.2M	20x
Lighter BIO	+0.0096%	1h	0.02910	+0.189%	$15K	$7K	3x	as long as short
Orderly PERP_BIO_USDC	+0.0099%	4h	0.02905	0.000%	$13K	—	10x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02911	+0.200%	$759K	$216K	3x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02905	0.000%	$6.1M	$7.5M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02904	−0.034%	$2.2M	$2.5M	50x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02904	−0.034%	$1.5M	$311K	50x	as long as short
MEXC BIO_USDTshort	+0.0100%	4h	0.02903	−0.069%	$407K	$138K	20x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02905	0.000%	$562K	$117K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02903	−0.069%	$1.3M	$547K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02904	−0.034%	—	$1.3M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02902	−0.086%	$34K	$65K	—	as long as short
BloFin BIO-USDT	+0.0149%	4h	0.02901	−0.138%	$265K	$7K	50x	as long as short