BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.91 per $10,000 · paid last 24h +0.029%

Price spread now: Orderly against BloFin−0.044%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.044% cheaper against BloFin than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 19 hours of funding at the current rate (+$5 a day). The two prices were read 52 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	BloFin BASED-USDT	0.06779	0.0125	pay 0.0062% / 4h	2h 21m	$252K	$37K	25x
Short	Orderly PERP_BASED_USDC	0.06776	0.0307	get 0.0154% / 4h	2h 21m	$3K	$652	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee OrderlybpOrdersPrice spread, now −0.044%Rate

Funding earned: $38.33
Price spread: −0.044% → 0.000%: −$4.43
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: $15.91
Costs to cover: 0.180%
Break-even: 4.1 days

Slippage unknown: BloFin: live order book, 62 min ago; Orderly: 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 BloFin live order book, 62 min ago	2.23 bp	16.7 bp −$17	49.6 bp −$496	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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.

BASED on 15 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
Binance BASEDUSDT	+0.0100%	4h	0.06776	−0.044%	$4.2M	$2.9M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06767	−0.177%	$2.1M	$576K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06767	−0.177%	$2.6M	$3.4M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06781	+0.030%	$540K	$519K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06776	−0.044%	$4.8M	$656K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06770	−0.133%	$565K	$111K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06785	+0.089%	$1.3M	$360K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06773	−0.089%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06752	−0.402%	$92K	$22K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06724	−0.814%	$92K	$372K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BASED-USDT	+0.0100%	4h	0.06771	−0.118%	$1K	$797K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06775	−0.058%	$5K	$226K	5x	as long as short
BloFin BASED-USDTlong	+0.0125%	4h	0.06779	long leg	$252K	$37K	25x
Aster BASEDUSDT	+0.0177%	4h	0.06776	−0.043%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0307%	4h	0.06776	−0.044%	$3K	$652	10x