Funding you earn now, next payment 16:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.14 per $10,000 · paid last 24h −0.014%
Price spread now: Orderly against BingX−0.158%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs $0 a day on $10k at the current rate, and Orderly is 0.158% cheaper against BingX than usual: you would sell low and buy high (−$16 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 | BingX WOO-USDT | 0.01269 | 0.0100 | pay 0.0100% / 8h | 7h 40m | — | $2.3M | — |
| Short | Orderly PERP_WOO_USDC | 0.01267 | 0.0086 | get 0.0086% / 8h | 7h 40m | $27K | $5K | 10x |
BingX WOO-USDT
Orderly PERP_WOO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BingX. 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
- −$2.99
- Price spread: −0.158% → 0.000%
- −$15.76
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$34.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 8 min ago; 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 BingX live order book, 8 min ago | 19.66 bp | 45.7 bp −$46 | 135.3 bp −$1,353 | 552.3 bp −$55.2K | 1085.5 bp −$542.8K |
| Sell Orderly no order-book sample | — | — | — | — | — |
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.
WOO 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX WOO-USD | 0.0000% | 1h | 0.01268 | −0.096% | $711 | — | 10x | as long as short |
| Orderly PERP_WOO_USDCshort | +0.0086% | 8h | 0.01267 | −0.158% | $27K | $5K | 10x | |
| Binance WOOUSDT | +0.0100% | 8h | 0.01268 | −0.111% | $1.5M | $2.5M | 50x | as long as short |
| Bybit WOOUSDT | +0.0100% | 8h | 0.01266 | −0.236% | $1.2M | $456K | 50x | as long as short |
| OKX WOO-USDT-SWAP | +0.0100% | 8h | 0.01270 | +0.079% | $205K | $322K | 10x | as long as short |
| Gate WOO_USDT | +0.0100% | 8h | 0.01268 | −0.079% | $92K | $68K | 25x | as long as short |
| MEXC WOO_USDT | +0.0100% | 8h | 0.01268 | −0.079% | $685K | $280K | 200x | as long as short |
| KuCoin WOOUSDTM | +0.0100% | 8h | 0.01269 | 0.000% | $158K | $45K | 50x | as long as short |
| Bitget WOOUSDT | +0.0100% | 8h | 0.01269 | 0.000% | $207K | $80K | 5x | as long as short |
| BingX WOO-USDTlong | +0.0100% | 8h | 0.01269 | long leg | — | $2.3M | — |
dYdX WOO-USD
Binance WOOUSDT
Bybit WOOUSDT
OKX WOO-USDT-SWAP
Gate WOO_USDT
MEXC WOO_USDT
KuCoin WOOUSDTM
Bitget WOOUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WOO | +0.0100% | 8h | 0.01267 | −0.135% | $2K | $869 | — | as long as short |
| BloFin WOO-USDT | +0.0121% | 8h | 0.01271 | +0.158% | $72K | $30K | 50x | as long as short |
Variational Omni WOO
BloFin WOO-USDT