After costs, if the gap returns to its 7d average, $10k−$433
spread now−0.070%7d average+0.036%fees + slippage, in and out−$423spread needed4.228%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BIOUSDTM | 0.02857 | 0.0176 | pay 0.0088% / 4h | 1h 58m | $542K | $131K | 20x |
| Short | Bybit BIOUSDT | 0.02855 | 0.0100 | get 0.0050% / 4h | 1h 58m | $2.2M | $2.7M | 50x |
KuCoin BIOUSDTM
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
- −$7
- Funding while held
- −$2.28
- Slippage, 4 orders
- −$399.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$432.05
- Spread needed to break even
- 4.228%
Slippage from KuCoin: live order book, 42 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0076%
- Per $10,000 a day
- −$2.28
- 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 KuCoin live order book, 42 min ago | 12.16 bp | 112.3 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.27 bp | 19.1 bp −$19 | 95.8 bp −$958 | doesn't fit | doesn't fit |
BIO price on every exchange
against the cheapest. Click to use as the short leg.MEXC0.02853cheapestOrderly0.02853cheapestBinance0.02853+0.001%Aster0.02853+0.015%Bitget0.02854+0.035%BingX0.02854+0.035%Variational Omni0.02855+0.062%
MEXC
Orderly
Binance
Aster
Bitget
BingX
Variational OmniBybit0.02855+0.070%
OKX0.02855+0.070%Gate0.02855+0.070%Kraken Futures0.02856+0.110%
OKX
Gate
Kraken FuturesKuCoin0.02857+0.140%
Lighter0.02858+0.172%BloFin0.02859+0.210%Hyperliquid0.02859+0.228%
Lighter
BloFin
HyperliquidBIO on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC BIO_USDT | −0.140% | +0.0100% | 4h | $373K | $125K | 20x | as long as short |
| Orderly PERP_BIO_USDC | −0.140% | +0.0099% | 4h | $13K | — | 10x | as long as short |
| Binance BIOUSDT | −0.139% | +0.0100% | 4h | $6.0M | $6.6M | 50x | as long as short |
| Aster BIOUSDT | −0.125% | +0.0100% | 4h | $22K | $63K | 5x | as long as short |
| Bitget BIOUSDT | −0.105% | +0.0100% | 4h | $1.2M | $509K | 50x | as long as short |
| BingX BIO-USDT | −0.105% | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Variational Omni BIO | −0.078% | +0.0100% | 4h | $39K | $68K | — | as long as short |
| Bybit BIOUSDTshort | −0.070% | +0.0100% | 4h | $2.2M | $2.7M | 50x | |
| OKX BIO-USDT-SWAP | −0.070% | +0.0100% | 4h | $1.2M | $2.3M | 20x | as long as short |
| Gate BIO_USDT | −0.070% | +0.0100% | 8h | $1.4M | $246K | 50x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BIOUSD | −0.031% | −0.0300% | 1h | $11K | $9K | 20x | as long as short |
| KuCoin BIOUSDTMlong | 0.000% | +0.0176% | 4h | $542K | $131K | 20x | |
| Lighter BIO | +0.032% | +0.0096% | 1h | $11K | $3K | 3x | as long as short |
| BloFin BIO-USDT | +0.070% | +0.0043% | 4h | $266K | $12K | 50x | as long as short |
| Hyperliquid BIO | +0.088% | +0.0180% | 1h | $751K | $221K | 3x | as long as short |