BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.018%

Price spread now: Aster against Orderly−0.071%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.071% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BASED_USDC	0.06818	0.0340	pay 0.0170% / 4h	28m 11s	$3K	$652	10x
Short	Aster BASEDUSDT	0.06813	0.0286	get 0.0143% / 4h	28m 11s	$29K	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now −0.071%Rate

Funding earned: −$11.3
Price spread: −0.071% → 0.000%: −$7.1
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$32.4
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: 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 Aster no order-book sample	—	—	—	—	—

Orderly and Aster: 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	0.06816	−0.033%	$4.2M	$3.0M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06808	−0.147%	$2.1M	$584K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06812	−0.088%	$2.6M	$3.6M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06809	−0.132%	$541K	$536K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06815	−0.044%	$4.8M	$645K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06818	0.000%	$571K	$78K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06822	+0.059%	$1.3M	$369K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06813	−0.073%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06810	−0.114%	$93K	$21K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06820	+0.027%	$89K	$363K	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	0.06806	−0.176%	$2K	$820K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06815	−0.048%	$5K	$226K	5x	as long as short
BloFin BASED-USDT	+0.0146%	4h	0.06821	+0.044%	$252K	$41K	25x	as long as short
Aster BASEDUSDTshort	+0.0286%	4h	0.06813	−0.071%	$29K	$6K	5x
Orderly PERP_BASED_USDClong	+0.0340%	4h	0.06818	long leg	$3K	$652	10x