Funding you earn now, next payment 00:00 UTC+0.0246%/8h= +27.0% APRnext payment +$1.23 per $10,000 · paid last 24h +0.046%
Price spread now: BingX against Orderly+0.152%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and BingX is 0.152% dearer against Orderly than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETHFI_USDC | 0.7227 | −0.0146 | get 0.0073% / 4h | 2h 56m | $17K | $1K | 10x |
| Short | BingX ETHFI-USDC | 0.7238 | 0.0100 | get 0.0050% / 4h | 2h 56m | — | $1.2M | — |
Orderly PERP_ETHFI_USDC
BingX ETHFI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $51.72
- Price spread: +0.152% → 0.000%
- $15.22
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $50.94
- Costs to cover
- 0.160%
- Break-even
- 0.1 days
Slippage unknown: Orderly: no order-book sample; BingX: 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 BingX live order book, 3 min ago | 2.07 bp | 22.8 bp −$23 | 92.9 bp −$929 | 575.0 bp −$57.5K | 750.3 bp −$375.2K |
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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0579% | 1h | 0.7230 | +0.042% | $44K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0211% | 1h | 0.7237 | +0.144% | $282K | $133K | 20x | as long as short |
| Orderly PERP_ETHFI_USDClong | −0.0146% | 4h | 0.7227 | long leg | $17K | $1K | 10x | |
| Variational Omni ETHFI | +0.0013% | 4h | 0.7258 | +0.424% | $1.1M | $711K | — | as long as short |
| Bitget ETHFIUSDT | +0.0014% | 4h | 0.7233 | +0.083% | $6.2M | $5.5M | 75x | as long as short |
| HTX ETHFI-USDT | +0.0015% | 4h | 0.7214 | −0.180% | $84K | $153K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0031% | 8h | 0.7224 | −0.041% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.180% | $321 | $51K | 5.5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7233 | +0.080% | $1.1M | $881K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7253 | +0.358% | $19.8M | $7.3M | 5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Variational Omni ETHFI
Bitget ETHFIUSDT
HTX ETHFI-USDT
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Lighter ETHFI
Hyperliquid ETHFIShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7239 | +0.168% | $184K | $238K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7236 | +0.120% | $25.5M | $35.7M | 75x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7241 | +0.194% | $18.7M | $12.4M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7238 | +0.152% | $4.9M | $12.1M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7241 | +0.194% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7236 | +0.125% | $15.4M | $3.6M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7234 | +0.097% | $1.2M | $271K | 50x | as long as short |
| BingX ETHFI-USDCshort | +0.0100% | 4h | 0.7238 | +0.152% | — | $1.2M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7245 | +0.253% | $63K | $75K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7232 | +0.069% | $2K | $1.0M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7233 | +0.085% | $101K | $488K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7230 | +0.042% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7268 | +0.567% | $32K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7227 | 0.000% | $1.3M | $291K | 75x | as long as short |
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT