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+$0.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BIO_USDC | 0.02875 | 0.0099 | pay 0.0049% / 4h | 1h 23m | $13K | — | 10x |
| Short | BingX BIO-USDT | 0.02876 | 0.0100 | get 0.0050% / 4h | 1h 23m | — | $1.4M | — |
Orderly PERP_BIO_USDC
BingX 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
- $3.48
- Funding while held
- $0.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$12.48
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 14 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.04
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 14 min ago | 5.21 bp | 18.0 bp −$18 | 55.3 bp −$553 | 535.3 bp −$53.5K | 821.3 bp −$410.6K |
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.Aster0.02875cheapestOKX0.02875+0.011%MEXC0.02875+0.011%
Aster
OKX
MEXCOrderly0.02875+0.011%
Binance0.02876+0.046%Bitget0.02876+0.046%
Binance
BitgetBingX0.02876+0.046%
BloFin0.02876+0.046%Gate0.02877+0.080%Bybit0.02878+0.115%Kraken Futures0.02878+0.125%KuCoin0.02880+0.185%Lighter0.02880+0.188%Hyperliquid0.02882+0.244%Variational Omni0.02885+0.346%
BloFin
Gate
Bybit
Kraken Futures
KuCoin
Lighter
Hyperliquid
Variational OmniBIO on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster BIOUSDT | −0.011% | +0.0100% | 4h | $23K | $67K | 5x | as long as short |
| OKX BIO-USDT-SWAP | 0.000% | +0.0100% | 4h | $1.2M | $2.4M | 20x | as long as short |
| MEXC BIO_USDT | 0.000% | +0.0100% | 4h | $384K | $128K | 20x | as long as short |
| Orderly PERP_BIO_USDClong | 0.000% | +0.0099% | 4h | $13K | — | 10x | |
| Binance BIOUSDT | +0.035% | +0.0100% | 4h | $6.1M | $6.6M | 50x | as long as short |
| Bitget BIOUSDT | +0.035% | +0.0100% | 4h | $1.2M | $514K | 50x | as long as short |
| BingX BIO-USDTshort | +0.035% | +0.0100% | 4h | — | $1.4M | — | |
| BloFin BIO-USDT | +0.035% | +0.0089% | 4h | $267K | $12K | 50x | as long as short |
| Gate BIO_USDT | +0.070% | +0.0100% | 8h | $1.4M | $250K | 50x | as long as short |
| Bybit BIOUSDT | +0.104% | +0.0100% | 4h | $2.3M | $2.8M | 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 | +0.114% | −0.0298% | 1h | $11K | $9K | 20x | as long as short |
| KuCoin BIOUSDTM | +0.174% | +0.0268% | 4h | $547K | $131K | 20x | as long as short |
| Lighter BIO | +0.177% | +0.0096% | 1h | $11K | $3K | 3x | as long as short |
| Hyperliquid BIO | +0.233% | +0.0216% | 1h | $758K | $218K | 3x | as long as short |
| Variational Omni BIO | +0.335% | +0.0100% | 4h | $40K | $64K | — | as long as short |