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: BloFin against Orderly+0.126%112s7-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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.126% dearer against Orderly than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 112 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 | Orderly PERP_COIN_USDC_mythos | 197.85 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $572 | $4K | 10x |
| Short | BloFin COIN-USDT | 198.10 | 0.0120 | get 0.0120% / 8h | 5h 07m | $188K | $391K | 20x |
Orderly PERP_COIN_USDC_mythos
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.2
- Price spread: +0.126% → 0.000%
- $12.64
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1.16
- Costs to cover
- 0.180%
- Break-even
- 8.9 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 33 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 BloFin live order book, 33 min ago | 0.25 bp | 9.0 bp −$9 | 18.2 bp −$182 | 38.6 bp −$3,861 | 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 COINUSDT | −0.0629% | 8h | 197.89 | +0.020% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 198.03 | +0.091% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0200% | 8h | 197.86 | +0.005% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0084% | 1h | 197.48 | −0.187% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.00 | +0.073% | $350K | $876K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.79 | −0.032% | $117K | $691K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.84 | −0.007% | $15.1M | $78.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.82 | −0.015% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.87 | +0.010% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.17 | +0.160% | $686K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
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 | 198.10 | +0.125% | $16K | $2.1M | 10x | as long as short |
| edgeX COINUSDC | +0.0013% | 4h | 198.11 | +0.129% | $51K | $294K | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.82 | −0.015% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.76 | −0.044% | $358K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.76 | −0.045% | $455K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.12 | +0.136% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.75 | −0.051% | $15.6M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.74 | −0.056% | $126K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.80 | −0.025% | $77 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.79 | −0.030% | $352K | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.79 | −0.030% | $996K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.05 | +0.101% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythoslong | +0.0100% | 8h | 197.85 | long leg | $572 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.79 | −0.032% | $117 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 198.10 | +0.126% | $188K | $391K | 20x | |
| Phoenix COIN | +0.0162% | 1h | 198.22 | +0.187% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
edgeX COINUSDC
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