BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.058%

Price spread now: Orderly against GRVT−0.176%50s7-day average — · you buy dearer than you sell

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

Long on GRVT 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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.176% cheaper against GRVT than usual: you would sell low and buy high (spread −0.176% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 3.1 days of funding at the current rate (+$6 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT BASED_USDT_Perp	0.06830	0.0100	pay 0.0050% / 4h	3h 49m	$100K	$374K	10x
Short	Orderly PERP_BASED_USDC	0.06818	0.0291	get 0.0145% / 4h	3h 49m	$3K	$652	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against GRVT. 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 GRVTbpFee OrderlybpOrdersPrice spread, now −0.176%Rate

Funding earned: $40.1
Price spread: −0.176% → 0.000%: −$17.64
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $7.46
Costs to cover: 0.150%
Break-even: 5.7 days

Slippage unknown: GRVT: live order book, 23 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 GRVT live order book, 23 min ago	278.82 bp	1272.5 bp −$1,272	doesn't fit	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	+0.0049%	4h	0.06821	−0.133%	$250K	$41K	25x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06820	−0.152%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06817	−0.191%	$2.1M	$590K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06817	−0.191%	$2.5M	$3.6M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06806	−0.352%	$542K	$529K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06819	−0.162%	$4.8M	$643K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06817	−0.191%	$571K	$59K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06822	−0.118%	$1.3M	$356K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06819	−0.162%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06813	−0.250%	$93K	$21K	—	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_Perplong	+0.0100%	4h	0.06830	long leg	$100K	$374K	10x
SunX BASED-USDT	+0.0100%	4h	0.06807	−0.338%	$2K	$837K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06815	−0.217%	$1K	$228K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0291%	4h	0.06818	−0.176%	$3K	$652	10x
Aster BASEDUSDT	+0.0320%	4h	0.06816	−0.202%	$29K	$6K	5x	as long as short