Funding arb · Price arb /

BIO

all BIO markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Variational Omni+0.121%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.121% dearer against Variational Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BIO	0.02904	0.0100	pay 0.0050% / 4h	2h 00m	$34K	$65K	—
Short	MEXC BIO_USDT	0.02908	0.0100	get 0.0050% / 4h	2h 00m	$401K	$130K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → 0.000%: $12.08
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: $8.08
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 50 min ago. Net counts fees only.

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 Variational Omni no order-book sample	—	—	—	—	—
Sell MEXC live order book, 50 min ago	1.72 bp	9.3 bp −$9	36.4 bp −$364	211.7 bp −$21.2K	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BIO on 14 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	0.02906	+0.059%	$11K	$6K	20x	as long as short
Orderly PERP_BIO_USDC	+0.0093%	4h	0.02909	+0.155%	$13K	—	10x	as long as short
Lighter BIO	+0.0096%	1h	0.02911	+0.238%	$15K	$7K	3x	as long as short
Hyperliquid BIO	+0.0100%	1h	0.02913	+0.296%	$760K	$216K	3x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02906	+0.052%	$20K	$99K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02908	+0.125%	$6.2M	$7.2M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02911	+0.224%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02906	+0.052%	$1.2M	$2.2M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02910	+0.190%	$1.5M	$306K	50x	as long as short
MEXC BIO_USDTshort	+0.0100%	4h	0.02908	+0.121%	$401K	$130K	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BIOUSDTM	+0.0100%	4h	0.02913	+0.293%	$565K	$116K	20x	as long as short
Bitget BIOUSDT	+0.0100%	4h	0.02909	+0.155%	$1.3M	$535K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02908	+0.121%	—	$1.4M	—	as long as short
Variational Omni BIOlong	+0.0100%	4h	0.02904	long leg	$34K	$65K	—