BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.94 per $10,000 · paid last 24h +0.036%

Price spread now: Orderly against BingX+0.059%7-day average — · you sell dearer than you buy

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

Long on BingX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Orderly is 0.059% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BASED-USDT	0.06815	0.0100	pay 0.0050% / 4h	6m 05s	—	$1.7M	—
Short	Orderly PERP_BASED_USDC	0.06819	0.0287	get 0.0144% / 4h	6m 05s	$3K	$664	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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 BingXbpFee OrderlybpOrdersPrice spread, now +0.059%Rate

Funding earned: $39.33
Price spread: +0.059% → 0.000%: $5.87
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $29.2
Costs to cover: 0.160%
Break-even: 1.8 days

Slippage unknown: BingX: live order book, 1 min ago; Orderly: 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 BingX live order book, 1 min ago	4.40 bp	27.9 bp −$28	89.6 bp −$896	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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.

BASED 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
Aster BASEDUSDT	+0.0100%	4h	0.06819	+0.065%	$29K	$6K	5x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06816	+0.015%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06806	−0.132%	$2.1M	$706K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06811	−0.059%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06814	−0.015%	$534K	$599K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06821	+0.088%	$4.9M	$596K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06816	+0.015%	$578K	$72K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06824	+0.132%	$1.3M	$369K	25x	as long as short
BingX BASED-USDTlong	+0.0100%	4h	0.06815	long leg	—	$1.7M	—
Variational Omni BASED	+0.0100%	4h	0.06803	−0.172%	$94K	$15K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06782	−0.491%	$95K	$382K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06815	0.000%	$1K	$901K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06817	+0.031%	$2K	$201K	5x	as long as short
BloFin BASED-USDT	+0.0133%	4h	0.06827	+0.176%	$258K	$47K	25x	as long as short
Orderly PERP_BASED_USDCshort	+0.0287%	4h	0.06819	+0.059%	$3K	$664	10x