Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.031%
Price spread now: Orderly against OKX−0.155%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 −$1 a day on $10k at the current rate, and Orderly is 0.155% cheaper against OKX 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 | OKX WOO-USDT-SWAP | 0.01288 | 0.0100 | pay 0.0100% / 8h | 5h 14m | $208K | $381K | 10x |
| Short | Orderly PERP_WOO_USDC | 0.01286 | 0.0077 | get 0.0077% / 8h | 5h 14m | $27K | $4K | 10x |
OKX WOO-USDT-SWAP
Orderly PERP_WOO_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- −$4.83
- Price spread: −0.155% → 0.000%
- −$15.53
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$36.36
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 46 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 OKX live order book, 46 min ago | 7.82 bp | 44.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| 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 | 0.01286 | −0.175% | $721 | — | 10x | as long as short |
| Orderly PERP_WOO_USDCshort | +0.0077% | 8h | 0.01286 | −0.155% | $27K | $4K | 10x | |
| Binance WOOUSDT | +0.0100% | 8h | 0.01286 | −0.194% | $1.6M | $2.6M | 50x | as long as short |
| Bybit WOOUSDT | +0.0100% | 8h | 0.01286 | −0.155% | $1.2M | $464K | 50x | as long as short |
| OKX WOO-USDT-SWAPlong | +0.0100% | 8h | 0.01288 | long leg | $208K | $381K | 10x | |
| Gate WOO_USDT | +0.0100% | 8h | 0.01285 | −0.233% | $91K | $78K | 25x | as long as short |
| MEXC WOO_USDT | +0.0100% | 8h | 0.01286 | −0.155% | $690K | $281K | 200x | as long as short |
| KuCoin WOOUSDTM | +0.0100% | 8h | 0.01287 | −0.078% | $154K | $62K | 50x | as long as short |
| Bitget WOOUSDT | +0.0100% | 8h | 0.01287 | −0.078% | $210K | $97K | 5x | as long as short |
| BingX WOO-USDT | +0.0100% | 8h | 0.01286 | −0.155% | — | $2.3M | — | as long as short |
dYdX WOO-USD
Binance WOOUSDT
Bybit WOOUSDT
Gate WOO_USDT
MEXC WOO_USDT
KuCoin WOOUSDTM
Bitget WOOUSDT
BingX WOO-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni WOO | +0.0100% | 8h | 0.01287 | −0.097% | $1K | $487 | — | as long as short |
| BloFin WOO-USDT | +0.0118% | 8h | 0.01283 | −0.388% | $75K | $32K | 50x | as long as short |
Variational Omni WOO
BloFin WOO-USDT