BIO

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: Lighter against Kraken Futures−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_BIOUSD	0.02876	0.0169	pay 0.0021% / 1h	48m 02s	$11K	$6K	20x
Short	Lighter BIO	0.02876	0.0096	get 0.0012% / 1h	48m 02s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee LighterbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$15.33
Price spread: −0.016% → 0.000%: −$1.64
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$26.97
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; Lighter: no order-book sample. Net counts fees only.

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Kraken Futures and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin BIO-USDT	+0.0094%	4h	0.02870	−0.215%	$261K	$9K	50x	as long as short
Lighter BIOshort	+0.0096%	1h	0.02876	−0.016%	$11K	$3K	3x
Orderly PERP_BIO_USDC	+0.0097%	4h	0.02872	−0.145%	$13K	—	10x	as long as short
Aster BIOUSDT	+0.0100%	4h	0.02872	−0.153%	$19K	$92K	5x	as long as short
Binance BIOUSDT	+0.0100%	4h	0.02872	−0.151%	$6.1M	$6.8M	50x	as long as short
Bybit BIOUSDT	+0.0100%	4h	0.02872	−0.145%	$2.2M	$2.6M	50x	as long as short
OKX BIO-USDT-SWAP	+0.0100%	4h	0.02872	−0.145%	$1.2M	$2.3M	20x	as long as short
Gate BIO_USDT	+0.0100%	8h	0.02873	−0.110%	$1.4M	$265K	50x	as long as short
MEXC BIO_USDT	+0.0100%	4h	0.02871	−0.180%	$384K	$125K	20x	as long as short
KuCoin BIOUSDTM	+0.0100%	4h	0.02874	−0.075%	$553K	$126K	20x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget BIOUSDT	+0.0100%	4h	0.02873	−0.110%	$1.3M	$533K	50x	as long as short
BingX BIO-USDT	+0.0100%	4h	0.02871	−0.180%	—	$1.4M	—	as long as short
Variational Omni BIO	+0.0100%	4h	0.02876	−0.014%	$33K	$71K	—	as long as short
Kraken Futures PF_BIOUSDlong	+0.0169%	1h	0.02876	long leg	$11K	$6K	20x
Hyperliquid BIO	+0.0380%	1h	0.02878	+0.078%	$749K	$219K	3x	as long as short