BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0225%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h −0.028%

Price spread now: Binance against Orderly−0.006%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Binance

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BASED_USDC	0.06750	0.0325	pay 0.0163% / 4h	1h 57m	$3K	$652	10x
Short	Binance BASEDUSDT	0.06750	0.0100	get 0.0050% / 4h	1h 57m	$4.2M	$2.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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 OrderlybpFee BinancebpOrdersPrice spread, now −0.006%Rate

Funding earned: −$47.33
Price spread: −0.006% → 0.000%: −$0.57
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.9
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 9 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Binance live order book, 9 min ago	1.48 bp	22.5 bp −$22	101.6 bp −$1,016	doesn't fit	doesn't fit

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	+0.0055%	4h	0.06752	+0.030%	$252K	$37K	25x	as long as short
Binance BASEDUSDTshort	+0.0100%	4h	0.06750	−0.006%	$4.2M	$2.9M	25x
Bybit BASEDUSDT	+0.0100%	4h	0.06741	−0.133%	$2.1M	$579K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06742	−0.119%	$2.6M	$3.4M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06750	0.000%	$536K	$517K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06749	−0.015%	$4.8M	$644K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06749	−0.015%	$563K	$110K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06756	+0.089%	$1.3M	$361K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06746	−0.059%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06742	−0.122%	$92K	$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	0.06720	−0.443%	$92K	$359K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06747	−0.044%	$1K	$797K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06747	−0.044%	$5K	$226K	5x	as long as short
Aster BASEDUSDT	+0.0114%	4h	0.06750	−0.003%	$28K	$6K	5x	as long as short
Orderly PERP_BASED_USDClong	+0.0325%	4h	0.06750	long leg	$3K	$652	10x