Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Orderly−0.081%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: Bitget is 0.081% cheaper against Orderly than usual: you would sell low and buy high, −$8 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 | Orderly PERP_M_USDC | 1.4735 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $2K | $139 | 10x |
| Short | Bitget MUSDT | 1.4723 | 0.0100 | get 0.0050% / 4h | 2h 16m | $1.9M | $342K | 10x |
Orderly PERP_M_USDC
Bitget MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $0
- Price spread: −0.081% → 0.000%
- −$8.14
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.14
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 9.13 bp | 65.7 bp −$66 | 417.6 bp −$4,176 | doesn't fit | doesn't fit |
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 | 1.4700 | −0.238% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4702 | −0.224% | $2.0M | $893K | 10x | as long as short |
| Bitget MUSDTshort | +0.0100% | 4h | 1.4723 | −0.081% | $1.9M | $342K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4747 | +0.083% | $90K | $42K | — | as long as short |
| Orderly PERP_M_USDClong | +0.0100% | 4h | 1.4735 | long leg | $2K | $139 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4721 | −0.095% | $2K | $541K | 20x | as long as short |
| Aster MUSDT | +0.0455% | 4h | 1.4717 | −0.123% | $15K | $115K | 5x | as long as short |
| BingX M-USDT | +0.0672% | 4h | 1.4712 | −0.156% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.0691% | 4h | 1.4725 | −0.068% | $350K | $402K | 10x | as long as short |
| MEXC M_USDT | +0.0714% | 4h | 1.4721 | −0.095% | $247K | $112K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.0726% | 4h | 1.4709 | −0.176% | $5.4M | $4.5M | 10x | as long as short |
| KuCoin MUSDTM | +0.0888% | 4h | 1.4615 | −0.815% | $1.4M | $4.4M | 10x | as long as short |
Binance MUSDT
KuCoin MUSDTM