Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$3funding while held, a day−$0.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BIOUSDT | 0.02886 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $2.3M | $2.8M | 50x |
| Short | Orderly PERP_BIO_USDC | 0.02885 | 0.0098 | get 0.0049% / 4h | 1h 15m | $13K | — | 10x |
Bybit BIOUSDT
Orderly PERP_BIO_USDCPrice 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
- −$3.47
- Funding while held
- −$0.05
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$20.52
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0002%
- Per $10,000 a day
- −$0.05
- 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 Bybit live order book, 3 min ago | 5.20 bp | 20.5 bp −$20 | 108.4 bp −$1,084 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.BloFin0.02877cheapestMEXC0.02882+0.174%Gate0.02883+0.209%Bitget0.02883+0.209%Binance0.02884+0.243%OKX0.02884+0.243%BingX0.02884+0.243%Kraken Futures0.02884+0.249%Aster0.02885+0.268%
BloFin
MEXC
Gate
Bitget
Binance
OKX
BingX
Kraken Futures
AsterOrderly0.02885+0.278%
Variational Omni0.02886+0.299%
Variational OmniBybit0.02886+0.313%
KuCoin0.02887+0.348%Lighter0.02888+0.393%Hyperliquid0.02890+0.448%
KuCoin
Lighter
HyperliquidBIO on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin BIO-USDT | −0.312% | +0.0050% | 4h | $267K | $12K | 50x | as long as short |
| MEXC BIO_USDT | −0.139% | +0.0100% | 4h | $385K | $129K | 20x | as long as short |
| Gate BIO_USDT | −0.104% | +0.0100% | 8h | $1.4M | $250K | 50x | as long as short |
| Bitget BIOUSDT | −0.104% | +0.0100% | 4h | $1.2M | $514K | 50x | as long as short |
| Binance BIOUSDT | −0.069% | +0.0100% | 4h | $6.1M | $6.6M | 50x | as long as short |
| OKX BIO-USDT-SWAP | −0.069% | +0.0100% | 4h | $1.2M | $2.4M | 20x | as long as short |
| BingX BIO-USDT | −0.069% | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Kraken Futures PF_BIOUSD | −0.064% | −0.0297% | 1h | $11K | $9K | 20x | as long as short |
| Aster BIOUSDT | −0.044% | +0.0100% | 4h | $22K | $69K | 5x | as long as short |
| Orderly PERP_BIO_USDCshort | −0.035% | +0.0098% | 4h | $13K | — | 10x |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BIO | −0.014% | +0.0100% | 4h | $40K | $64K | — | as long as short |
| Bybit BIOUSDTlong | 0.000% | +0.0100% | 4h | $2.3M | $2.8M | 50x | |
| KuCoin BIOUSDTM | +0.035% | +0.0264% | 4h | $549K | $131K | 20x | as long as short |
| Lighter BIO | +0.080% | +0.0096% | 1h | $11K | $3K | 3x | as long as short |
| Hyperliquid BIO | +0.135% | +0.0203% | 1h | $760K | $219K | 3x | as long as short |