Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Orderly−0.209%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: Gate is 0.209% cheaper against Orderly than usual: you would sell low and buy high, −$21 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 | 1.4380 | 0.0100 | pay 0.0050% / 4h | 54m 11s | $2K | $496 | 10x |
| Short | Gate M_USDT | 1.4350 | 0.0100 | get 0.0100% / 8h | 4h 54m | $1.9M | $899K | 10x |
Orderly PERP_M_USDC
Gate M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.209% → 0.000%
- −$20.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$41.86
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 8.31 bp | 51.2 bp −$51 | doesn't fit | 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 | 1.4364 | −0.111% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDTshort | +0.0100% | 8h | 1.4350 | −0.209% | $1.9M | $899K | 10x | |
| Bitget MUSDT | +0.0100% | 4h | 1.4360 | −0.139% | $1.9M | $253K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4393 | +0.091% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDClong | +0.0100% | 4h | 1.4380 | long leg | $2K | $496 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4389 | +0.063% | $2K | $753K | 20x | as long as short |
| Aster MUSDT | +0.0685% | 4h | 1.4364 | −0.109% | $16K | $87K | 5x | as long as short |
| Binance MUSDT | +0.0856% | 4h | 1.4369 | −0.076% | $5.6M | $3.8M | 10x | as long as short |
| MEXC M_USDT | +0.0874% | 4h | 1.4375 | −0.035% | $241K | $104K | 50x | as long as short |
| BingX M-USDT | +0.0888% | 4h | 1.4366 | −0.097% | — | $2.4M | — | as long as short |
Bybit MUSDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
Aster MUSDT
Binance MUSDT
MEXC M_USDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0933% | 4h | 1.4365 | −0.104% | $360K | $440K | 10x | as long as short |
| KuCoin MUSDTM | +0.2250% | 4h | 1.4246 | −0.930% | $1.4M | $4.0M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM