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

BIO

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.016%
Price spread now: KuCoin against Lighter−0.003%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BIO0.028830.0096pay 0.0012% / 1h29m 23s$11K$3K3x
ShortKuCoin BIOUSDTM0.028830.0100get 0.0050% / 4h1h 29m$554K$124K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. 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
$0.84
Price spread: −0.003% → 0.000%
−$0.35
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$11.51
Costs to cover
0.120%
Break-even
102.9 days
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell KuCoin live order book, 43 min ago3.47 bp286.7 bp −$287doesn't fitdoesn't fitdoesn't fit
Lighter: 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 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
BloFin BIO-USDT+0.0047%4h0.02878−0.177%$263K$9K50xas long as short
Lighter BIOlong+0.0096%1h0.02883long leg$11K$3K3x
Orderly PERP_BIO_USDC+0.0097%4h0.02879−0.142%$13K10xas long as short
Aster BIOUSDT+0.0100%4h0.02876−0.235%$18K$94K5xas long as short
Binance BIOUSDT+0.0100%4h0.02880−0.103%$6.1M$6.8M50xas long as short
Bybit BIOUSDT+0.0100%4h0.02881−0.073%$2.2M$2.6M50xas long as short
OKX BIO-USDT-SWAP+0.0100%4h0.02879−0.142%$1.2M$2.3M20xas long as short
Gate BIO_USDT+0.0100%8h0.02880−0.108%$1.4M$265K50xas long as short
MEXC BIO_USDT+0.0100%4h0.02880−0.108%$386K$127K20xas long as short
KuCoin BIOUSDTMshort+0.0100%4h0.02883−0.003%$554K$124K20x
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BIOUSDT+0.0100%4h0.02880−0.108%$1.3M$528K50xas long as short
BingX BIO-USDT+0.0100%4h0.02879−0.142%$1.4Mas long as short
Variational Omni BIO+0.0100%4h0.02876−0.241%$33K$71Kas long as short
Kraken Futures PF_BIOUSD+0.0169%1h0.02882−0.046%$11K$6K20xas long as short
Hyperliquid BIO+0.0468%1h0.02885+0.083%$751K$219K3xas long as short