Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.004%
Price spread now: Binance against Orderly+0.009%7-day average — · you sell dearer than you buy
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_COIN_USDC_mythos | 202.05 | 0.0100 | pay 0.0100% / 8h | 2h 09m | $584 | $5K | 10x |
| Short | Binance COINUSDT | 202.07 | 0 | get 0.0000% / 8h | 2h 09m | $15.6M | $77.2M | 20x |
Orderly PERP_COIN_USDC_mythos
Binance COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$21
- Price spread: +0.009% → 0.000%
- $0.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$36.14
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.25 bp | 9.4 bp −$9 | 18.6 bp −$186 | 63.7 bp −$6,367 | doesn't fit |
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 | 202.10 | +0.025% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.13 | +0.039% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.05 | +0.002% | $120K | $446K | 10x | as long as short |
| Binance COINUSDTshort | 0.0000% | 8h | 202.07 | +0.009% | $15.6M | $77.2M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 202.02 | −0.015% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.01 | −0.020% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.08 | +0.015% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.06 | +0.005% | $760K | $983K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.10 | +0.027% | $18K | $2.0M | 10x | as long as short |
| Bitget COINUSDT | +0.0020% | 8h | 202.07 | +0.010% | $6.9M | $10.0M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0027% | 1h | 202.18 | +0.064% | $1.4M | $3.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 202.06 | +0.007% | $368K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 202.03 | −0.010% | $431K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.20 | +0.074% | $16K | $56K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.16 | +0.054% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 202.05 | 0.000% | $16.4M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.03 | −0.010% | $160K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.06 | +0.005% | $71 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.85 | −0.099% | $355K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.03 | −0.010% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.08 | +0.015% | $91K | $534K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythoslong | +0.0100% | 8h | 202.05 | long leg | $584 | $5K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 202.03 | −0.012% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.07 | +0.010% | $200K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0197% | 1h | 201.98 | −0.035% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0462% | 4h | 202.06 | +0.005% | $52K | $292K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
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
Phoenix COIN
edgeX COINUSDC