BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.84 per $10,000 · paid last 24h +0.038%

Price spread now: Orderly against Gate+0.162%7-day average — · you sell dearer than you buy

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

Long on Gate 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 +$5 a day on $10k at the current rate, and Orderly is 0.162% dearer against Gate than usual: you sell high and buy low: +$16 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	Gate BASED_USDT	0.06795	0.0100	pay 0.0050% / 4h	2h 52m	$538K	$544K	50x
Short	Orderly PERP_BASED_USDC	0.06806	0.0267	get 0.0134% / 4h	2h 52m	$3K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now +0.162%Rate

Funding earned: $35.11
Price spread: +0.162% → 0.000%: $16.19
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: $30.3
Costs to cover: 0.210%
Break-even: 1.0 days

Slippage unknown: Gate: live order book, 13 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 Gate live order book, 13 min ago	7.27 bp	30.8 bp −$31	5089.3 bp −$50.9K	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
Binance BASEDUSDT	+0.0100%	4h	0.06817	+0.324%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06808	+0.191%	$2.1M	$624K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06812	+0.250%	$2.6M	$3.7M	20x	as long as short
Gate BASED_USDTlong	+0.0100%	4h	0.06795	long leg	$538K	$544K	50x
MEXC BASED_USDT	+0.0100%	4h	0.06810	+0.221%	$4.9M	$626K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06797	+0.029%	$570K	$65K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06818	+0.338%	$1.3M	$369K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06800	+0.074%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06814	+0.286%	$94K	$18K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06810	+0.221%	$97K	$382K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BASED-USDT	+0.0100%	4h	0.06808	+0.191%	$1K	$857K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06809	+0.200%	$4K	$199K	5x	as long as short
BloFin BASED-USDT	+0.0156%	4h	0.06797	+0.029%	$255K	$41K	25x	as long as short
Orderly PERP_BASED_USDCshort	+0.0267%	4h	0.06806	+0.162%	$3K	$1K	10x
Aster BASEDUSDT	+0.0317%	4h	0.06800	+0.071%	$29K	$6K	5x	as long as short