Funding you earn now, next payment 04:00 UTC+0.0716%/8h= +78.4% APRnext payment +$3.58 per $10,000 · paid last 24h +0.169%
Price spread now: MEXC against Orderly+0.174%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
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and MEXC is 0.174% dearer against Orderly than usual: you sell high and buy low: +$17 more if the spread 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 | 1.4405 | 0.0100 | pay 0.0050% / 4h | 50m 28s | $2K | $510 | 10x |
| Short | MEXC M_USDT | 1.4430 | 0.0816 | get 0.0408% / 4h | 50m 28s | $242K | $105K | 50x |
Orderly PERP_M_USDC
MEXC M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $150.36
- Price spread: +0.174% → 0.000%
- $17.36
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $157.72
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 54 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 MEXC live order book, 54 min ago | 2.09 bp | 29.4 bp −$29 | 42.6 bp −$426 | 140.2 bp −$14.0K | 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 | 1.4424 | +0.132% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4405 | 0.000% | $1.9M | $901K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4422 | +0.118% | $1.9M | $252K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4390 | −0.104% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDClong | +0.0100% | 4h | 1.4405 | long leg | $2K | $510 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4406 | +0.007% | $2K | $753K | 20x | as long as short |
| Aster MUSDT | +0.0646% | 4h | 1.4410 | +0.037% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0814% | 4h | 1.4429 | +0.167% | — | $2.4M | — | as long as short |
| MEXC M_USDTshort | +0.0816% | 4h | 1.4430 | +0.174% | $242K | $105K | 50x | |
| Binance MUSDT | +0.0817% | 4h | 1.4428 | +0.160% | $5.6M | $3.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0864% | 4h | 1.4392 | −0.090% | $367K | $441K | 10x | as long as short |
| KuCoin MUSDTM | +0.2222% | 4h | 1.4298 | −0.742% | $1.4M | $4.0M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM