Funding you earn now, next payment 04:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h −0.162%
Price spread now: Injective against Orderly0.000%58s7-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: −$16 a day on $10k at the current rate. The two prices were read 58 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 | 197.08 | 0.0100 | pay 0.0100% / 8h | 4h 24m | $570 | $4K | 10x |
| Short | Injective COIN/USDC PERP | 197.08 | −0.0440 | pay 0.0055% / 1h | 24m 29s | $43K | $48K | 30x |
Orderly PERP_COIN_USDC_mythos
Injective COIN/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$113.4
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$119.42
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Injective: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Orderly and Injective: 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 | −0.0762% | 8h | 197.24 | +0.081% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERPshort | −0.0440% | 1h | 197.08 | 0.000% | $43K | $48K | 30x | |
| Gate COIN_USDT | −0.0215% | 8h | 197.21 | +0.066% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0096% | 1h | 196.58 | −0.254% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.23 | +0.074% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.06 | −0.011% | $118K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.10 | +0.010% | $14.9M | $79.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.13 | +0.025% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.16 | +0.041% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.11 | +0.017% | $680K | $935K | — | as long as short |
Bitget COINUSDT
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 | 197.07 | −0.005% | $16K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.10 | +0.010% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.09 | +0.007% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.10 | +0.010% | $448K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.22 | +0.071% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.04 | −0.020% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.02 | −0.030% | $135K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.14 | +0.030% | $55 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.96 | −0.061% | $349K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.05 | −0.015% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.05 | −0.015% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythoslong | +0.0100% | 8h | 197.08 | long leg | $570 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.07 | −0.003% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.16 | +0.041% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.10 | +0.010% | $4K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0141% | 4h | 197.05 | −0.014% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
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
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC