Settings8H · net · $10k
Funding arb · Price arb /

BIO

all BIO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate−0.034%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1661.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$5 on $10k
Price spread, last 7 days−0.071%−$7 · spread now −0.034%, 7d avg −0.018%
Together, before fees−0.025%−$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate BIO_USDT0.029180.0100pay 0.0100% / 8h5h 21m$1.5M$288K50x
ShortBybit BIOUSDT0.029170.0100get 0.0050% / 4h1h 21m$2.2M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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

Funding earned
$0
Price spread: −0.034% → −0.018%
−$1.59
Slippage, 4 orders
−$139.87
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$167.46
Costs to cover
1.659%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago5.15 bp64.0 bp −$6417830.7 bp −$178.3Kdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.72 bp19.5 bp −$19109.1 bp −$1,091doesn't fitdoesn't fit

BIO on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BIOUSD−0.0628%1h0.02917−0.034%$11K$6K20xas long as short
Aster BIOUSDT+0.0022%4h0.02915−0.107%$22K$103K5xas long as short
Orderly PERP_BIO_USDC+0.0093%4h0.02914−0.137%$13K10xas long as short
Lighter BIO+0.0096%1h0.02919+0.041%$15K$7K3xas long as short
Hyperliquid BIO+0.0100%1h0.02918−0.014%$760K$220K3xas long as short
Binance BIOUSDT+0.0100%4h0.02914−0.128%$6.2M$7.2M50xas long as short
Bybit BIOUSDTshort+0.0100%4h0.02917−0.034%$2.2M$2.6M50x
OKX BIO-USDT-SWAP+0.0100%4h0.02913−0.171%$1.2M$2.2M20xas long as short
Gate BIO_USDTlong+0.0100%8h0.02918long leg$1.5M$288K50x
MEXC BIO_USDT+0.0100%4h0.02914−0.137%$410K$132K20xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BIOUSDTM+0.0100%4h0.02920+0.069%$572K$119K20xas long as short
Bitget BIOUSDT+0.0100%4h0.02917−0.034%$1.3M$545K50xas long as short
BingX BIO-USDT+0.0100%4h0.02916−0.069%$1.3Mas long as short
Variational Omni BIO+0.0100%4h0.02903−0.500%$33K$66Kas long as short
BloFin BIO-USDT+0.0128%4h0.02913−0.171%$265K$7K50xas long as short