Funding you earn now, next payment 04:00 UTC−0.0757%/8h= −82.9% APRnext payment −$3.79 per $10,000 · paid last 24h −0.131%
Price spread now: Orderly against Aster+0.085%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
=The price spread pays, funding is against you. Orderly is 0.085% dearer against Aster than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUSDT | 1.4401 | 0.0857 | pay 0.0429% / 4h | 1h 19m | $16K | $93K | 5x |
| Short | Orderly PERP_M_USDC | 1.4413 | 0.0100 | get 0.0050% / 4h | 1h 19m | $2K | $496 | 10x |
Aster MUSDT
Orderly PERP_M_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aster. 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
- −$159.02
- Price spread: +0.085% → 0.000%
- $8.54
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$164.48
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Aster and 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.
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4419 | +0.127% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4390 | −0.074% | $1.9M | $912K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4387 | −0.095% | $1.9M | $248K | 10x | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.4413 | +0.085% | $2K | $496 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4438 | +0.259% | $2K | $742K | 20x | as long as short |
| Variational Omni M | +0.0104% | 4h | 1.4411 | +0.074% | $90K | $43K | — | as long as short |
| Aster MUSDTlong | +0.0857% | 4h | 1.4401 | long leg | $16K | $93K | 5x | |
| BingX M-USDT | +0.1066% | 4h | 1.4405 | +0.030% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.1081% | 4h | 1.4434 | +0.231% | $358K | $441K | 10x | as long as short |
| Binance MUSDT | +0.1095% | 4h | 1.4412 | +0.078% | $5.6M | $3.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
SunX M-USDT
Variational Omni M
BingX M-USDT
BloFin M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDT | +0.1110% | 4h | 1.4410 | +0.065% | $242K | $106K | 50x | as long as short |
| KuCoin MUSDTM | +0.2656% | 4h | 1.4292 | −0.756% | $1.4M | $4.0M | 10x | as long as short |
MEXC M_USDT
KuCoin MUSDTM