Funding you earn now, next payment 04:00 UTC−0.0761%/8h= −83.4% APRnext payment −$3.81 per $10,000 · paid last 24h −0.230%
Price spread now: Gate against Orderly−0.445%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.875%−$88 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.445% cheaper against Orderly than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORDER_USDC | 0.04045 | 0.0861 | pay 0.0431% / 4h | 3h 44m | $191K | $216K | 10x |
| Short | Gate ORDER_USDT | 0.04027 | 0.0100 | get 0.0050% / 4h | 3h 44m | $74K | $70K | 20x |
Orderly PERP_ORDER_USDC
Gate ORDER_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
- −$159.86
- Price spread: −0.445% → 0.000%
- −$44.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$225.36
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Gate no order-book sample | — | — | — | — | — |
Orderly and Gate: 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 | 0.04056 | +0.272% | $1.4M | $1.5M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04044 | −0.025% | $1.3M | $584K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04056 | +0.272% | $163K | $281K | 20x | as long as short |
| Gate ORDER_USDTshort | +0.0100% | 4h | 0.04027 | −0.445% | $74K | $70K | 20x | |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04041 | −0.099% | $273K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04029 | −0.396% | $222K | $82K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04050 | +0.124% | $481K | $200K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04041 | −0.099% | — | $1.3M | — | as long as short |
| Variational Omni ORDER | +0.0100% | 8h | 0.04009 | −0.881% | $10K | $2K | — | as long as short |
| BloFin ORDER-USDT | +0.0128% | 8h | 0.04005 | −0.989% | $66K | $7K | 16x | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDT
Variational Omni ORDER
BloFin ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDClong | +0.0861% | 4h | 0.04045 | long leg | $191K | $216K | 10x |