Funding you earn now, next payment 08:00 UTC−0.0827%/8h= −90.6% APRnext payment −$8.27 per $10,000 · paid last 24h −0.028%
Price spread now: Bitget against Orderly+0.205%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 pays, funding is against you. Bitget is 0.205% dearer against Orderly than usual: you sell high and buy low (spread +0.205% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 20 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_COIN_USDC_mythos | 195.09 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $564 | $4K | 10x |
| Short | Bitget COINUSDT | 195.49 | −0.0727 | pay 0.0727% / 8h | 1h 33m | $6.3M | $10.6M | 20x |
Orderly PERP_COIN_USDC_mythos
Bitget COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$173.67
- Price spread: +0.205% → 0.000%
- $20.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$171.17
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 2.30 bp | 12.9 bp −$13 | 18.7 bp −$187 | 91.4 bp −$9,137 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDTshort | −0.0727% | 8h | 195.49 | +0.205% | $6.3M | $10.6M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.28 | +0.097% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0104% | 1h | 194.56 | −0.272% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.47 | +0.194% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.38 | +0.150% | $116K | $790K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.43 | +0.174% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.38 | +0.149% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.11 | +0.010% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.26 | +0.087% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 195.24 | +0.077% | $708K | $955K | — | as long as short |
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 | 195.36 | +0.139% | $17K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.38 | +0.149% | $460K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.39 | +0.154% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.15 | +0.031% | $1.3M | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.03 | −0.031% | $129K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.16 | +0.036% | $74 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.03 | −0.031% | $445K | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0056% | 1h | 195.22 | +0.067% | $15.1M | $13.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.23 | +0.072% | $984K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.19 | +0.051% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythoslong | +0.0100% | 8h | 195.09 | long leg | $564 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 195.08 | −0.005% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.22 | +0.067% | $187K | $423K | 20x | as long as short |
| Lighter COIN | +0.0128% | 1h | 195.38 | +0.148% | $363K | $2.3M | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.22 | +0.067% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0553% | 4h | 195.33 | +0.122% | $50K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Aevo COIN-PERP
BloFin COIN-USDT
Lighter COIN
Phoenix COIN
edgeX COINUSDC