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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.127%
Price spread now: Orderly against OKX−0.056%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Orderly is 0.056% cheaper against OKX than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 13 days of funding at the current rate ($0 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CAP-USDT-SWAP0.046320.0086pay 0.0043% / 4h1h 16m$2.1M$7.3M10x
ShortOrderly PERP_CAP_USDC_mythos0.046290.0100get 0.0050% / 4h1h 16m$4K$1K10x

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

Funding earned
$3.02
Price spread: −0.056% → 0.000%
−$5.61
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$18.59
Costs to cover
0.160%
Break-even
50.1 days
Slippage unknown: OKX: 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 OKX live order book, 1 min ago1.08 bp15.9 bp −$16263.5 bp −$2,635doesn'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
KuCoin CAPUSDTM−0.0478%4h0.04627−0.108%$4.4M$1.4M10xas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04628−0.095%150xas long as short
OKX CAP-USDT-SWAPlong+0.0086%4h0.04632long leg$2.1M$7.3M10x
Lighter CAP+0.0096%1h0.04630−0.043%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04629−0.057%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.046320.000%$8.9M$9.0M10xas long as short
Bybit CAPUSDT+0.0100%4h0.04630−0.043%$4.5M$4.2M10xas long as short
Gate CAP_USDT+0.0100%4h0.04630−0.043%$326K$1.2M20xas long as short
MEXC CAP_USDT+0.0100%4h0.046320.000%$547K$233K20xas long as short
Bitget CAPUSDT+0.0100%4h0.04629−0.065%$1.0M$594K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CAP-USDT+0.0100%4h0.04631−0.022%$1.6Mas long as short
Variational Omni CAP+0.0100%4h0.04636+0.089%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythosshort+0.0100%4h0.04629−0.056%$4K$1K10x
BloFin CAP-USDT+0.0158%4h0.04630−0.043%$375K$61K10xas long as short