Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Gate against Orderly+0.040%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. Gate is 0.040% dearer against Orderly than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_COIN_USDC_mythos | 198.13 | 0.0100 | pay 0.0100% / 8h | 6h 20m | $573 | $4K | 10x |
| Short | Gate COIN_USDT | 198.21 | 0 | get 0.0000% / 8h | 6h 20m | $1.2M | $6.6M | 50x |
Orderly PERP_COIN_USDC_mythos
Gate COIN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.040% → 0.000%
- $4.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$37.96
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.03 bp | 33.3 bp −$33 | 76.5 bp −$765 | doesn't fit | 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 exchanges
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 | 197.11 | −0.515% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.11 | −0.008% | $345K | $871K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.13 | 0.000% | $108K | $851K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.15 | +0.010% | $14.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.15 | +0.010% | $4.6M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.13 | 0.000% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDTshort | 0.0000% | 8h | 198.21 | +0.040% | $1.2M | $6.6M | 50x | |
| Bitget COINUSDT | 0.0000% | 8h | 198.22 | +0.045% | $6.4M | $9.8M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.13 | +0.002% | $769K | $921K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.95 | −0.093% | $13K | $3.1M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Bitget COINUSDT
Variational Omni COIN
GRVT COIN_USDT_PerpShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter COIN | +0.0032% | 1h | 198.07 | −0.029% | $346K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.09 | −0.020% | $481K | $1.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0036% | 1h | 198.07 | −0.030% | $1.3M | $2.6M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.17 | +0.020% | $17K | $29K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 197.95 | −0.091% | — | $293K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.05 | −0.040% | $14.8M | $11.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.05 | −0.040% | $136K | $1.3M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.10 | −0.015% | $95 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.96 | −0.086% | $342K | $2.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.13 | 0.000% | $935K | $224K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.82 | −0.156% | $89K | $272K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythoslong | +0.0100% | 8h | 198.13 | long leg | $573 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 198.12 | −0.003% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.17 | +0.020% | $192K | $494K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.76 | −0.187% | $5K | $257K | 10x | as long as short |
| edgeX COINUSDC | +0.0769% | 4h | 197.82 | −0.159% | $51K | $293K | 10x | as long as short |
Lighter COIN
Lighter RH COIN
QFEX COIN-USD
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