Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2488 | +0.0100 | pay 0.0050% / 4h | 3h 59m | $1.7M | $2.5M | 50x | Long Phemex | |
| SHORT | 0.2487 | +0.0100 | get 0.0050% / 4h | 3h 59m | $3K | $62K | 10x | Short Orderly |
Price gap−0.040%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.040% under zero (no 7-day history yet): the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10.0000% /8h now · paid −0.010% over the last 7D
Price—spread −0.040% now · no price history on both exchanges yet
Costsno datano order book for Orderly
Result, before costs—no pointsneeds both price histories
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.040%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hWIF on 33 exchanges
lowest funding firstBefore you open
1 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000Phemex 50x, Orderly 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Phemex: 6 payments, −$3.00; short Orderly: 6 payments, +$3.00.
- Note: No 7-day spread history−0.040%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$3K vs $1.7M OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · Orderly NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$1.02
Price spread−0.040% → 0−$4.02
Slippage, 4 ordersno data for Orderly—
Fee Phemex bp × 2 orders−$12.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$23.04
Costs to cover0.180%Break-evennever at this rate
Slippage: Phemex: live order book, 5 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex2.0141.8 bp−$42187.1 bp−$1,871doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
| 09-30 01:05 | Reya | Listing | WIFRUSDPERP no longer reported ($WIF) seen by our collector |
| 09-23 12:07 | Phemex | Listing | 🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗ |
| 09-23 09:31 | Phemex | Listing | new market WIFUSDT ($WIF) seen by our collector |
| 09-22 07:03 | ApeX Omni | Other | 59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗ |

ApeX Omni