Funding you earn now, next payment 04:00 UTC−0.0262%/8h= −28.7% APRnext payment −$1.31 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Bitget+0.014%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MUSDT | 1.4550 | 0.0362 | pay 0.0181% / 4h | 3h 44m | $1.9M | $353K | 10x |
| Short | Orderly PERP_M_USDC | 1.4552 | 0.0100 | get 0.0050% / 4h | 3h 44m | $2K | $596 | 10x |
Bitget MUSDT
Orderly PERP_M_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$55.02
- Price spread: +0.014% → 0.000%
- $1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$71.65
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 3 min ago | 11.30 bp | 45.2 bp −$45 | doesn't fit | doesn't fit | doesn'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.
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 | 1.4532 | −0.124% | $4.6M | $2.4M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4519 | −0.213% | $2.0M | $865K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4587 | +0.256% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.4552 | +0.014% | $2K | $596 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4563 | +0.089% | $1K | $652K | 20x | as long as short |
| Bitget MUSDTlong | +0.0362% | 4h | 1.4550 | long leg | $1.9M | $353K | 10x | |
| Aster MUSDT | +0.1210% | 4h | 1.4547 | −0.017% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1540% | 4h | 1.4541 | −0.062% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1620% | 4h | 1.4547 | −0.021% | $244K | $111K | 50x | as long as short |
| Binance MUSDT | +0.1628% | 4h | 1.4527 | −0.158% | $5.6M | $4.9M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
MEXC M_USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1644% | 4h | 1.4593 | +0.296% | $355K | $437K | 10x | as long as short |
| KuCoin MUSDTM | +0.2586% | 4h | 1.4432 | −0.814% | $1.4M | $4.2M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM