BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0191%/8h= −20.9% APRnext payment −$0.96 per $10,000 · paid last 24h −0.038%

Price spread now: SunX against Orderly−0.102%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 SunX

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 against this trade now: funding costs −$6 a day on $10k at the current rate, and SunX is 0.102% cheaper against Orderly than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BASED_USDC	0.06840	0.0291	pay 0.0146% / 4h	3h 44m	$3K	$652	10x
Short	SunX BASED-USDT	0.06833	0.0100	get 0.0050% / 4h	3h 44m	$1K	$835K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$40.17
Price spread: −0.102% → 0.000%: −$10.23
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$64.4
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago	500.84 bp	doesn't fit	doesn't fit	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
Binance BASEDUSDT	+0.0100%	4h	0.06844	+0.058%	$4.2M	$3.0M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06830	−0.146%	$2.1M	$590K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06840	0.000%	$2.6M	$3.6M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06844	+0.058%	$545K	$530K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06845	+0.073%	$4.8M	$643K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06828	−0.175%	$572K	$55K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06848	+0.117%	$1.3M	$352K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06837	−0.044%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06819	−0.308%	$93K	$21K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06820	−0.287%	$99K	$374K	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-USDTshort	+0.0100%	4h	0.06833	−0.102%	$1K	$835K	20x
Extended BASED-USD	+0.0104%	1h	0.06842	+0.035%	$1K	$243K	5x	as long as short
BloFin BASED-USDT	+0.0155%	4h	0.06832	−0.117%	$251K	$41K	25x	as long as short
Orderly PERP_BASED_USDClong	+0.0291%	4h	0.06840	long leg	$3K	$652	10x
Aster BASEDUSDT	+0.0327%	4h	0.06840	−0.001%	$29K	$6K	5x	as long as short