Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.023%
Price spread now: Orderly against BloFin−0.538%472s7-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 0.538% cheaper against BloFin than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 472 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 COIN-USDT | 199.02 | 0.0120 | pay 0.0120% / 8h | 6h 41m | $198K | $377K | 20x |
| Short | Orderly PERP_COIN_USDC_mythos | 197.95 | 0.0100 | get 0.0100% / 8h | 6h 41m | $572 | $4K | 10x |
BloFin COIN-USDT
Orderly PERP_COIN_USDC_mythosFunding 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
- −$4.2
- Price spread: −0.538% → 0.000%
- −$53.76
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$75.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 24 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 BloFin live order book, 24 min ago | 0.50 bp | 8.9 bp −$9 | 15.6 bp −$156 | 36.6 bp −$3,657 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.98 | −0.523% | $44K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0018% | 8h | 198.02 | −0.502% | $6.5M | $10.2M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.18 | −0.424% | $363K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.91 | −0.557% | $117K | $703K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.88 | −0.571% | $15.0M | $77.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.95 | −0.538% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.93 | −0.548% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.93 | −0.548% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.93 | −0.546% | $820K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 198.22 | −0.402% | $14K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest COIN-USD-PERP | +0.0014% | 1h | 197.58 | −0.724% | — | $289K | 25x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.94 | −0.543% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.84 | −0.595% | $389K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.84 | −0.593% | $428K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.35 | −0.337% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.83 | −0.598% | $16.1M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.86 | −0.583% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.95 | −0.538% | $95 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.81 | −0.608% | $349K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.99 | −0.518% | $984K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.23 | −0.397% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 197.95 | −0.538% | $572 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.91 | −0.557% | $117 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 199.02 | long leg | $198K | $377K | 20x | |
| Phoenix COIN | +0.0160% | 1h | 198.09 | −0.467% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0362% | 4h | 198.51 | −0.255% | $51K | $293K | 10x | as long as short |
Vest COIN-USD-PERP
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC