Funding you earn now, next payment 04:00 UTC+0.0532%/8h= +58.2% APRpaid last 24h +0.238%
Price spread now: Orderly against BloFin+0.123%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.900%+$90 on $10k
+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 +$16 a day on $10k at the current rate, and Orderly is 0.123% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDER-USDT | 0.04058 | 0.0125 | pay 0.0125% / 8h | 4h 28m | $65K | $7K | 16x |
| Short | Orderly PERP_ORDER_USDC | 0.04063 | 0.0657 | get 0.0328% / 4h | 28m 17s | $192K | $161K | 10x |
BloFin ORDER-USDT
Orderly PERP_ORDER_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BloFin. 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
- $111.69
- Price spread: +0.123% → 0.000%
- $12.32
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $106.01
- Costs to cover
- 0.180%
- Break-even
- 0.4 days
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
BloFin and 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.
ORDER on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.04061 | +0.074% | $1.4M | $1.9M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04056 | −0.049% | $1.3M | $729K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04063 | +0.123% | $169K | $323K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04065 | +0.172% | $76K | $60K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04061 | +0.074% | $274K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04067 | +0.222% | $226K | $87K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04057 | −0.025% | $482K | $253K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04063 | +0.123% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04054 | −0.091% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDTlong | +0.0125% | 8h | 0.04058 | long leg | $65K | $7K | 16x |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDERShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDCshort | +0.0657% | 4h | 0.04063 | +0.123% | $192K | $161K | 10x |