Funding you earn now, next payment 00:00 UTC−0.0544%/8h= −59.6% APRnext payment −$2.72 per $10,000 · paid last 24h −0.508%
Price spread now: Orderly against KuCoin+1.054%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 pays, funding is against you. Orderly is 1.054% dearer against KuCoin than usual: you sell high and buy low (spread +1.054% now, against zero (this spread has no 7-day history yet)): +$105 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 6.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MUSDTM | 1.4662 | 0.0644 | pay 0.0322% / 4h | 2h 26m | $1.4M | $4.4M | 10x |
| Short | Orderly PERP_M_USDC | 1.4817 | 0.0100 | get 0.0050% / 4h | 2h 26m | $2K | $139 | 10x |
KuCoin MUSDTM
Orderly PERP_M_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against KuCoin. 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
- −$114.24
- Price spread: +1.054% → 0.000%
- $105.44
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$26.8
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 28.19 bp | 148.8 bp −$149 | 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 | 1.4792 | +0.884% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4791 | +0.877% | $2.0M | $890K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4809 | +1.000% | $1.9M | $342K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4809 | +0.999% | $91K | $42K | — | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.4817 | +1.054% | $2K | $139 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4805 | +0.973% | $2K | $538K | 20x | as long as short |
| Aster MUSDT | +0.0412% | 4h | 1.4807 | +0.986% | $15K | $115K | 5x | as long as short |
| BingX M-USDT | +0.0584% | 4h | 1.4805 | +0.973% | — | $2.4M | — | as long as short |
| KuCoin MUSDTMlong | +0.0644% | 4h | 1.4662 | long leg | $1.4M | $4.4M | 10x | |
| MEXC M_USDT | +0.0662% | 4h | 1.4812 | +1.020% | $248K | $112K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0662% | 4h | 1.4808 | +0.993% | $5.5M | $4.5M | 10x | as long as short |
| BloFin M-USDT | +0.0721% | 4h | 1.4800 | +0.938% | $351K | $402K | 10x | as long as short |
Binance MUSDT
BloFin M-USDT