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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.073%
Price spread now: Orderly against BingX+0.090%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 +$1 a day on $10k at the current rate, and Orderly is 0.090% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CAP-USDT0.046640.0070pay 0.0035% / 4h2h 00m$1.6M
ShortOrderly PERP_CAP_USDC_mythos0.046680.0100get 0.0050% / 4h2h 00m$4K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against BingX. 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
$6.3
Price spread: +0.090% → 0.000%
$9.01
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$0.69
Costs to cover
0.160%
Break-even
7.8 days
Slippage unknown: BingX: live order book, 1 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 BingX live order book, 1 min ago5.36 bp26.2 bp −$2684.1 bp −$841doesn'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.

CAP on 14 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
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04662−0.053%150xas long as short
BingX CAP-USDTlong+0.0070%4h0.04664long leg$1.6M
Lighter CAP+0.0096%1h0.04668+0.090%$20K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04666+0.040%$25K$52K5xas long as short
Binance CAPUSDT+0.0100%4h0.04670+0.129%$8.8M$8.1M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04670+0.129%$4.5M$3.8M10xas long as short
Gate CAP_USDT+0.0100%4h0.04668+0.086%$322K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04670+0.129%$544K$221K20xas long as short
KuCoin CAPUSDTM+0.0100%4h0.04669+0.107%$4.3M$1.3M10xas long as short
Bitget CAPUSDT+0.0100%4h0.046640.000%$1.1M$611K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CAP+0.0100%4h0.04666+0.035%$8K$7Kas long as short
Orderly PERP_CAP_USDC_mythosshort+0.0100%4h0.04668+0.090%$4K$2K10x
BloFin CAP-USDT+0.0109%4h0.04665+0.021%$362K$65K10xas long as short
OKX CAP-USDT-SWAP+0.0303%4h0.04672+0.172%$1.9M$7.2M10xas long as short