Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Orderly against Gate−0.176%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.176% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it 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 | Gate M_USDT | 1.4741 | 0.0100 | pay 0.0100% / 8h | 1h 56m | $2.0M | $880K | 10x |
| Short | Orderly PERP_M_USDC | 1.4715 | 0.0100 | get 0.0050% / 4h | 1h 56m | $2K | $596 | 10x |
Gate M_USDT
Orderly PERP_M_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. 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
- $0
- Price spread: −0.176% → 0.000%
- −$17.64
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$38.64
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 1 min ago | 15.32 bp | 48.7 bp −$49 | 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 | 1.4744 | +0.020% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDTlong | +0.0100% | 8h | 1.4741 | long leg | $2.0M | $880K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.4755 | +0.095% | $1.9M | $347K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4623 | −0.797% | $90K | $42K | — | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.4715 | −0.176% | $2K | $596 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4709 | −0.217% | $2K | $549K | 20x | as long as short |
| Aster MUSDT | +0.0491% | 4h | 1.4763 | +0.152% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.0740% | 4h | 1.4752 | +0.075% | — | $2.4M | — | as long as short |
| KuCoin MUSDTM | +0.0766% | 4h | 1.4614 | −0.863% | $1.4M | $4.4M | 10x | as long as short |
| MEXC M_USDT | +0.0802% | 4h | 1.4737 | −0.027% | $247K | $109K | 50x | as long as short |
Bybit MUSDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
KuCoin MUSDTM
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0818% | 4h | 1.4746 | +0.034% | $5.5M | $4.5M | 10x | as long as short |
| BloFin M-USDT | +0.0841% | 4h | 1.4713 | −0.190% | $351K | $405K | 10x | as long as short |
Binance MUSDT
BloFin M-USDT