Funding you earn now, next payment 08:00 UTC−0.0616%/8h= −67.5% APRpaid last 24h −0.144%
Price spread now: Orderly against edgeX−0.135%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
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Orderly is 0.135% cheaper against edgeX than usual: you would sell low and buy high (−$14 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 | edgeX COINUSDC | 196.10 | 0.0716 | pay 0.0358% / 4h | 1h 03m | $50K | $295K | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 195.83 | 0.0100 | get 0.0100% / 8h | 1h 03m | $566 | $4K | 10x |
edgeX COINUSDC
Orderly PERP_COIN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against edgeX. 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
- −$129.37
- Price spread: −0.135% → 0.000%
- −$13.54
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$157.91
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 39 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 edgeX live order book, 39 min ago | 5.63 bp | 10.7 bp −$11 | 16.4 bp −$164 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0535% | 8h | 196.05 | −0.023% | $6.4M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.04 | −0.028% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0078% | 1h | 195.40 | −0.355% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.78 | −0.162% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.84 | −0.128% | $109K | $793K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.89 | −0.105% | $15.1M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.87 | −0.115% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.91 | −0.095% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.92 | −0.089% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.20 | +0.054% | $713K | $975K | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.12 | +0.010% | $12K | $2.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.84 | −0.130% | $462K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.23 | +0.069% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.83 | −0.135% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.80 | −0.151% | $15.2M | $13.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.78 | −0.161% | $130K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.84 | −0.130% | $92 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.68 | −0.212% | $444K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.74 | −0.181% | $986K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.93 | −0.084% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 195.83 | −0.135% | $566 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 195.85 | −0.123% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.04 | −0.028% | $187K | $428K | 20x | as long as short |
| Lighter COIN | +0.0136% | 1h | 195.83 | −0.136% | $364K | $2.3M | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.85 | −0.125% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDClong | +0.0716% | 4h | 196.10 | long leg | $50K | $295K | 10x |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX 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
BloFin COIN-USDT
Lighter COIN
Phoenix COIN