Settings8H · net · $10k
Funding arb · Price arb /

BASED

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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: Orderly against SunX+0.044%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Orderly is 0.044% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BASED-USDT0.067470.0100pay 0.0050% / 4h1h 57m$1K$797K20x
ShortOrderly PERP_BASED_USDC0.067500.0325get 0.0163% / 4h1h 57m$3K$65210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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

Funding earned
$47.33
Price spread: +0.044% → 0.000%
$4.45
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
$37.78
Costs to cover
0.140%
Break-even
1.4 days
Slippage unknown: SunX: live order book, 14 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 14 min ago501.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin BASED-USDT+0.0055%4h0.06752+0.074%$252K$37K25xas long as short
Binance BASEDUSDT+0.0100%4h0.06752+0.072%$4.2M$2.9M25xas long as short
Bybit BASEDUSDT+0.0100%4h0.06740−0.104%$2.1M$579K25xas long as short
OKX BASED-USDT-SWAP+0.0100%4h0.06743−0.059%$2.6M$3.4M20xas long as short
Gate BASED_USDT+0.0100%4h0.06751+0.059%$536K$517K50xas long as short
MEXC BASED_USDT+0.0100%4h0.06753+0.089%$4.8M$644K50xas long as short
KuCoin BASEDUSDTM+0.0100%4h0.06749+0.030%$563K$110K20xas long as short
Bitget BASEDUSDT+0.0100%4h0.06756+0.133%$1.3M$361K25xas long as short
BingX BASED-USDT+0.0100%4h0.06746−0.015%$1.6Mas long as short
Variational Omni BASED+0.0100%4h0.06742−0.078%$92K$22Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT BASED_USDT_Perp+0.0100%4h0.06720−0.399%$92K$359K10xas long as short
SunX BASED-USDTlong+0.0100%4h0.06747long leg$1K$797K20x
Extended BASED-USD+0.0104%1h0.06750+0.043%$5K$226K5xas long as short
Aster BASEDUSDT+0.0114%4h0.06750+0.048%$28K$6K5xas long as short
Orderly PERP_BASED_USDCshort+0.0325%4h0.06750+0.044%$3K$65210x