Funding you earn now, next payment 04:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.62 per $10,000 · paid last 24h +0.003%
Price spread now: BingX against Orderly+0.038%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 +$4 a day on $10k at the current rate, and BingX is 0.038% dearer against Orderly than usual: you sell high and buy low: +$4 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_OPN_USDC_mythos | 0.05230 | 0.0100 | pay 0.0050% / 4h | 27m 58s | $3K | $5K | 10x |
| Short | BingX OPN-USDT | 0.05232 | 0.0224 | get 0.0112% / 4h | 27m 58s | — | $1.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $26.04
- Price spread: +0.038% → 0.000%
- $3.82
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $13.86
- Costs to cover
- 0.160%
- Break-even
- 3.3 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago | 4.75 bp | 11.4 bp −$11 | 26.6 bp −$266 | 872.1 bp −$87.2K | 1357.9 bp −$678.9K |
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.
OPN on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_OPNUSD | −0.2687% | 1h | 0.05217 | −0.255% | $2K | $4K | 20x | as long as short |
| BloFin OPN-USDT | +0.0042% | 4h | 0.05248 | +0.344% | $184K | $4K | 50x | as long as short |
| Deribit OPN_USDC-PERPETUAL | +0.0094% | 1h | 0.05230 | +0.010% | — | — | 10x | as long as short |
| Binance OPNUSDT | +0.0100% | 4h | 0.05231 | +0.019% | $3.7M | $6.0M | 25x | as long as short |
| Bybit OPNUSDT | +0.0100% | 4h | 0.05231 | +0.019% | $733K | $2.9M | 20x | as long as short |
| MEXC OPN_USDT | +0.0100% | 4h | 0.05231 | +0.019% | $894K | $320K | 50x | as long as short |
| KuCoin OPNUSDTM | +0.0100% | 4h | 0.05235 | +0.096% | $144K | $67K | 25x | as long as short |
| Bitget OPNUSDT | +0.0100% | 4h | 0.05233 | +0.057% | $605K | $185K | 20x | as long as short |
| Orderly PERP_OPN_USDC_mythoslong | +0.0100% | 4h | 0.05230 | long leg | $3K | $5K | 10x | |
| SunX OPN-USDT | +0.0100% | 4h | 0.05350 | +2.294% | $2K | $1.4M | 20x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPNUSDT | +0.0159% | 4h | 0.05237 | +0.141% | $8K | $14K | 5x | as long as short |
| OKX OPN-USDT-SWAP | +0.0199% | 4h | 0.05235 | +0.096% | $811K | $3.1M | 20x | as long as short |
| BingX OPN-USDTshort | +0.0224% | 4h | 0.05232 | +0.038% | — | $1.7M | — | |
| Gate OPN_USDT | +0.0890% | 4h | 0.05239 | +0.172% | $211K | $171K | 50x | as long as short |
| Coinbase International OPN-PERP-INTX | +0.1664% | 1h | 0.05259 | +0.562% | $14K | $5K | 50x | as long as short |
BingX OPN-USDT
Kraken Futures PF_OPNUSD
BloFin OPN-USDT
Deribit OPN_USDC-PERPETUAL
Binance OPNUSDT
Bybit OPNUSDT
MEXC OPN_USDT
KuCoin OPNUSDTM
Bitget OPNUSDT
SunX OPN-USDT
Aster OPNUSDT
OKX OPN-USDT-SWAP
Gate OPN_USDT
Coinbase International OPN-PERP-INTX