BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0256%/8h= +28.0% APRnext payment +$1.28 per $10,000 · paid last 24h +0.028%

Price spread now: Orderly against OKX+0.073%7-day average — · you sell dearer than you buy

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

Long on OKX 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 +$8 a day on $10k at the current rate, and Orderly is 0.073% dearer against OKX than usual: you sell high and buy low: +$7 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	OKX BASED-USDT-SWAP	0.06806	0.0100	pay 0.0050% / 4h	1h 15m	$2.6M	$3.5M	20x
Short	Orderly PERP_BASED_USDC	0.06811	0.0356	get 0.0178% / 4h	1h 15m	$3K	$652	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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 OKXbpFee OrderlybpOrdersPrice spread, now +0.073%Rate

Funding earned: $53.69
Price spread: +0.073% → 0.000%: $7.35
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $45.04
Costs to cover: 0.160%
Break-even: 1.1 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	0.74 bp	16.1 bp −$16	94.4 bp −$944	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	0.06812	+0.092%	$4.2M	$3.0M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06804	−0.029%	$2.1M	$578K	25x	as long as short
OKX BASED-USDT-SWAPlong	+0.0100%	4h	0.06806	long leg	$2.6M	$3.5M	20x
Gate BASED_USDT	+0.0100%	4h	0.06808	+0.029%	$541K	$530K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06812	+0.088%	$4.8M	$647K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06793	−0.191%	$570K	$105K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06813	+0.103%	$1.3M	$363K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06807	+0.015%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06801	−0.079%	$93K	$22K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06745	−0.902%	$97K	$354K	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	+0.029%	$1K	$811K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06811	+0.073%	$5K	$226K	5x	as long as short
BloFin BASED-USDT	+0.0135%	4h	0.06809	+0.044%	$251K	$38K	25x	as long as short
Aster BASEDUSDT	+0.0178%	4h	0.06806	−0.005%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0356%	4h	0.06811	+0.073%	$3K	$652	10x