CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.007%

Price spread now: Binance against Orderly+0.064%7-day average — · you sell dearer than you buy

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 pays, funding is against you. Binance is 0.064% dearer against Orderly than usual: you sell high and buy low (spread +0.064% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_CAP_USDC_mythos	0.04562	0.0100	pay 0.0050% / 4h	3h 21m	$5K	$582	10x
Short	Binance CAPUSDT	0.04565	0.0074	get 0.0037% / 4h	3h 21m	$9.0M	$8.7M	10x

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 +0.064%Rate

Funding earned: −$5.39
Price spread: +0.064% → 0.000%: $6.36
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$15.03
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 3 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, 3 min ago	2.19 bp	20.3 bp −$20	88.1 bp −$881	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.

CAP on 14 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
KuCoin CAPUSDTM	−0.0932%	4h	0.04556	−0.134%	$4.3M	$1.4M	10x	as long as short
Bybit CAPUSDT	−0.0780%	4h	0.04566	+0.085%	$4.5M	$4.0M	10x	as long as short
OKX CAP-USDT-SWAP	−0.0676%	4h	0.04566	+0.085%	$2.2M	$7.0M	10x	as long as short
Variational Omni CAP	−0.0276%	4h	0.04569	+0.146%	$8K	$8K	—	as long as short
Bitget CAPUSDT	−0.0132%	4h	0.04564	+0.042%	$1.0M	$565K	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04573	+0.231%	$496	—	150x	as long as short
Binance CAPUSDTshort	+0.0074%	4h	0.04565	+0.064%	$9.0M	$8.7M	10x
MEXC CAP_USDT	+0.0080%	4h	0.04565	+0.064%	$524K	$230K	20x	as long as short
BingX CAP-USDT	+0.0082%	4h	0.04568	+0.129%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04561	−0.026%	$19K	$3K	3x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CAPUSDT	+0.0100%	4h	0.04563	+0.016%	$27K	$66K	5x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04566	+0.085%	$332K	$1.2M	20x	as long as short
Orderly PERP_CAP_USDC_mythoslong	+0.0100%	4h	0.04562	long leg	$5K	$582	10x
BloFin CAP-USDT	+0.0109%	4h	0.04563	+0.020%	$373K	$59K	10x	as long as short