BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0236%/8h= −25.8% APRnext payment −$1.18 per $10,000 · paid last 24h −0.039%

Price spread now: Binance against Orderly−0.015%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 Binance

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BASED_USDC	0.06864	0.0336	pay 0.0168% / 4h	0m 18s	$3K	$664	10x
Short	Binance BASEDUSDT	0.06863	0.0100	get 0.0050% / 4h	0m 18s	$4.2M	$3.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.015%Rate

Funding earned: −$49.46
Price spread: −0.015% → 0.000%: −$1.46
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$66.91
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago	0.73 bp	21.1 bp −$21	102.3 bp −$1,023	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.

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
Aster BASEDUSDT	+0.0100%	4h	0.06862	−0.032%	$29K	$2K	5x	as long as short
Binance BASEDUSDTshort	+0.0100%	4h	0.06863	−0.015%	$4.2M	$3.0M	25x
Bybit BASEDUSDT	+0.0100%	4h	0.06852	−0.175%	$2.1M	$683K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06857	−0.102%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06856	−0.117%	$536K	$594K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06868	+0.058%	$4.9M	$522K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06861	−0.044%	$585K	$76K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06867	+0.044%	$1.3M	$313K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06860	−0.058%	—	$1.7M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06854	−0.145%	$94K	$10K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06840	−0.350%	$91K	$375K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06863	−0.015%	$1K	$890K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06861	−0.042%	$4K	$257K	5x	as long as short
BloFin BASED-USDT	+0.0148%	4h	0.06858	−0.087%	$260K	$50K	25x	as long as short
Orderly PERP_BASED_USDClong	+0.0336%	4h	0.06864	long leg	$3K	$664	10x