After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.278%7d average+0.104%fees + slippage, in and out−$74spread needed0.738%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin BIO-USDT | 0.02877 | 0.0050 | pay 0.0025% / 4h | 1h 16m | $267K | $12K | 50x |
| Short | Bybit BIOUSDT | 0.02885 | 0.0100 | get 0.0050% / 4h | 1h 16m | $2.3M | $2.8M | 50x |
BloFin BIO-USDT
Bybit BIOUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $27.81
- Funding while held
- $1.49
- Slippage, 4 orders
- −$50.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$44.48
- Spread needed to break even
- 0.738%
Slippage from BloFin: live order book, 12 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0050%
- Per $10,000 a day
- +$1.49
- Average in range /8h
- —
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 BloFin live order book, 12 min ago | 1.74 bp | 17.5 bp −$18 | 39.8 bp −$398 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.20 bp | 18.8 bp −$19 | 91.7 bp −$917 | doesn't fit | doesn't fit |
BIO price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.02876cheapest
Variational OmniBloFin0.02877+0.031%
OKX0.02881+0.170%Gate0.02881+0.170%Aster0.02881+0.185%Orderly0.02882+0.205%BingX0.02883+0.240%Bitget0.02884+0.275%Binance0.02884+0.277%Kraken Futures0.02884+0.280%
OKX
Gate
Aster
Orderly
BingX
Bitget
Binance
Kraken FuturesBybit0.02885+0.309%
MEXC0.02885+0.309%KuCoin0.02886+0.344%Lighter0.02886+0.358%Hyperliquid0.02888+0.414%
MEXC
KuCoin
Lighter
HyperliquidBIO on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BIO | −0.031% | +0.0100% | 4h | $40K | $64K | — | as long as short |
| BloFin BIO-USDTlong | 0.000% | +0.0050% | 4h | $267K | $12K | 50x | |
| OKX BIO-USDT-SWAP | +0.139% | +0.0100% | 4h | $1.2M | $2.4M | 20x | as long as short |
| Gate BIO_USDT | +0.139% | +0.0100% | 8h | $1.4M | $250K | 50x | as long as short |
| Aster BIOUSDT | +0.154% | +0.0100% | 4h | $22K | $69K | 5x | as long as short |
| Orderly PERP_BIO_USDC | +0.174% | +0.0098% | 4h | $13K | — | 10x | as long as short |
| BingX BIO-USDT | +0.209% | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Bitget BIOUSDT | +0.243% | +0.0100% | 4h | $1.3M | $514K | 50x | as long as short |
| Binance BIOUSDT | +0.246% | +0.0100% | 4h | $6.1M | $6.6M | 50x | as long as short |
| Kraken Futures PF_BIOUSD | +0.249% | −0.0297% | 1h | $11K | $9K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit BIOUSDTshort | +0.278% | +0.0100% | 4h | $2.3M | $2.8M | 50x | |
| MEXC BIO_USDT | +0.278% | +0.0100% | 4h | $385K | $128K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.313% | +0.0262% | 4h | $549K | $131K | 20x | as long as short |
| Lighter BIO | +0.327% | +0.0096% | 1h | $11K | $3K | 3x | as long as short |
| Hyperliquid BIO | +0.382% | +0.0204% | 1h | $759K | $219K | 3x | as long as short |