After costs, if the gap returns to its 7d average, $10k−$78
spread now−0.090%7d average−0.054%fees + slippage, in and out−$75spread needed0.746%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid BIO | 0.02878 | 0.0255 | pay 0.0032% / 1h | 41m 46s | $757K | $223K | 3x |
| Short | Bybit BIOUSDT | 0.02875 | 0.0100 | get 0.0050% / 4h | 2h 41m | $2.2M | $2.8M | 50x |
Hyperliquid BIO
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
- −$9.04
- Funding while held
- −$4.64
- Slippage, 4 orders
- −$54.57
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$88.25
- Spread needed to break even
- 0.746%
Slippage from Hyperliquid: live order book, 30 min ago; Bybit: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0155%
- Per $10,000 a day
- −$4.64
- 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 Hyperliquid live order book, 30 min ago | 1.38 bp | 23.8 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.47 bp | 16.8 bp −$17 | 94.6 bp −$946 | doesn't fit | doesn't fit |
BIO price on every exchange
against the cheapest. Click to use as the short leg.Binance0.02872cheapestMEXC0.02873+0.021%OKX0.02874+0.056%
Binance
MEXC
OKXBybit0.02875+0.091%
Bitget0.02875+0.091%BingX0.02875+0.091%Kraken Futures0.02875+0.103%Orderly0.02876+0.126%Aster0.02877+0.146%KuCoin0.02877+0.161%
Bitget
BingX
Kraken Futures
Orderly
Aster
KuCoinHyperliquid0.02878+0.181%
Gate0.02878+0.195%BloFin0.02878+0.195%Lighter0.02878+0.202%Variational Omni0.02891+0.634%
Gate
BloFin
Lighter
Variational OmniBIO on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance BIOUSDT | −0.181% | +0.0100% | 4h | $6.1M | $6.5M | 50x | as long as short |
| MEXC BIO_USDT | −0.160% | +0.0100% | 4h | $379K | $128K | 20x | as long as short |
| OKX BIO-USDT-SWAP | −0.125% | +0.0100% | 4h | $1.2M | $2.3M | 20x | as long as short |
| Bybit BIOUSDTshort | −0.090% | +0.0100% | 4h | $2.2M | $2.8M | 50x | |
| Bitget BIOUSDT | −0.090% | +0.0100% | 4h | $1.3M | $498K | 50x | as long as short |
| BingX BIO-USDT | −0.090% | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Kraken Futures PF_BIOUSD | −0.078% | −0.0297% | 1h | $11K | $9K | 20x | as long as short |
| Orderly PERP_BIO_USDC | −0.056% | +0.0099% | 4h | $13K | — | 10x | as long as short |
| Aster BIOUSDT | −0.035% | +0.0100% | 4h | $22K | $61K | 5x | as long as short |
| KuCoin BIOUSDTM | −0.021% | +0.0370% | 4h | $547K | $132K | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hyperliquid BIOlong | 0.000% | +0.0255% | 1h | $757K | $223K | 3x | |
| Gate BIO_USDT | +0.014% | +0.0100% | 8h | $1.4M | $247K | 50x | as long as short |
| BloFin BIO-USDT | +0.014% | +0.0072% | 4h | $266K | $12K | 50x | as long as short |
| Lighter BIO | +0.021% | +0.0096% | 1h | $11K | $3K | 3x | as long as short |
| Variational Omni BIO | +0.452% | +0.0100% | 4h | $40K | $92K | — | as long as short |