Spread before costs (cost unknown: a leg has no order-book sample)−0.052%
7d average—if it closes, per $10,000$5funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BIO | 0.02857 | 0.0096 | pay 0.0012% / 1h | 57m 19s | $11K | $3K | 3x |
| Short | MEXC BIO_USDT | 0.02856 | 0.0100 | get 0.0050% / 4h | 1h 57m | $373K | $125K | 20x |
Lighter BIO
MEXC BIO_USDTPrice 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
- −$5.25
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$9.13
- Spread needed to break even
- 0.040%
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 25 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 Lighter no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 25 min ago | 3.48 bp | 9.8 bp −$10 | 19.2 bp −$192 | 192.4 bp −$19.2K | 295.1 bp −$147.6K |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.02855cheapest
Variational OmniMEXC0.02856+0.043%
Bitget0.02856+0.043%Kraken Futures0.02856+0.048%Aster0.02857+0.077%Binance0.02857+0.078%Orderly0.02857+0.078%
Bitget
Kraken Futures
Aster
Binance
OrderlyLighter0.02857+0.096%
Bybit0.02858+0.113%OKX0.02859+0.148%Gate0.02859+0.148%BloFin0.02859+0.148%KuCoin0.02860+0.183%BingX0.02860+0.183%Hyperliquid0.02862+0.239%
Bybit
OKX
Gate
BloFin
KuCoin
BingX
HyperliquidBIO on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BIO | −0.095% | +0.0100% | 4h | $39K | $68K | — | as long as short |
| MEXC BIO_USDTshort | −0.052% | +0.0100% | 4h | $373K | $125K | 20x | |
| Bitget BIOUSDT | −0.052% | +0.0100% | 4h | $1.2M | $509K | 50x | as long as short |
| Kraken Futures PF_BIOUSD | −0.048% | −0.0300% | 1h | $11K | $9K | 20x | as long as short |
| Aster BIOUSDT | −0.019% | +0.0100% | 4h | $22K | $63K | 5x | as long as short |
| Binance BIOUSDT | −0.017% | +0.0100% | 4h | $6.0M | $6.6M | 50x | as long as short |
| Orderly PERP_BIO_USDC | −0.017% | +0.0099% | 4h | $13K | — | 10x | as long as short |
| Lighter BIOlong | 0.000% | +0.0096% | 1h | $11K | $3K | 3x | |
| Bybit BIOUSDT | +0.017% | +0.0100% | 4h | $2.2M | $2.7M | 50x | as long as short |
| OKX BIO-USDT-SWAP | +0.052% | +0.0100% | 4h | $1.2M | $2.3M | 20x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate BIO_USDT | +0.052% | +0.0100% | 8h | $1.4M | $246K | 50x | as long as short |
| BloFin BIO-USDT | +0.052% | +0.0043% | 4h | $266K | $12K | 50x | as long as short |
| KuCoin BIOUSDTM | +0.087% | +0.0178% | 4h | $543K | $131K | 20x | as long as short |
| BingX BIO-USDT | +0.087% | +0.0100% | 4h | — | $1.4M | — | as long as short |
| Hyperliquid BIO | +0.143% | +0.0274% | 1h | $752K | $221K | 3x | as long as short |