BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0246%/8h= +27.0% APRnext payment +$1.23 per $10,000 · paid last 24h +0.028%

Price spread now: Orderly against Bitget−0.103%7-day average — · you buy dearer than you sell

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

Long on Bitget 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

Funding pays, the price is against you. Orderly is 0.103% cheaper against Bitget than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 33 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget BASEDUSDT	0.06803	0.0100	pay 0.0050% / 4h	1h 24m	$1.3M	$363K	25x
Short	Orderly PERP_BASED_USDC	0.06796	0.0346	get 0.0173% / 4h	1h 24m	$3K	$652	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bitget. 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 BitgetbpFee OrderlybpOrdersPrice spread, now −0.103%Rate

Funding earned: $51.73
Price spread: −0.103% → 0.000%: −$10.29
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $23.44
Costs to cover: 0.180%
Break-even: 3.8 days

Slippage unknown: Bitget: 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 Bitget live order book, 1 min ago	2.94 bp	20.2 bp −$20	85.4 bp −$854	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
BloFin BASED-USDT	+0.0094%	4h	0.06795	−0.118%	$252K	$37K	25x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06806	+0.044%	$4.2M	$2.9M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06793	−0.147%	$2.1M	$578K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06798	−0.073%	$2.6M	$3.4M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06797	−0.088%	$540K	$526K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06805	+0.029%	$4.8M	$646K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06787	−0.235%	$569K	$108K	20x	as long as short
Bitget BASEDUSDTlong	+0.0100%	4h	0.06803	long leg	$1.3M	$363K	25x
BingX BASED-USDT	+0.0100%	4h	0.06796	−0.103%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06783	−0.299%	$93K	$22K	—	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	0.06732	−1.042%	$97K	$354K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06801	−0.029%	$1K	$802K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06803	−0.005%	$5K	$226K	5x	as long as short
Aster BASEDUSDT	+0.0149%	4h	0.06796	−0.110%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0346%	4h	0.06796	−0.103%	$3K	$652	10x