BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.67 per $10,000 · paid last 24h +0.036%

Price spread now: Orderly against Variational Omni−0.351%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.351% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.351% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$35 on $10k: about 8.8 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BASED	0.06809	0.0100	pay 0.0050% / 4h	51m 58s	$94K	$15K	—
Short	Orderly PERP_BASED_USDC	0.06785	0.0233	get 0.0117% / 4h	51m 58s	$3K	$664	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. 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 Variational OmnibpFee OrderlybpOrdersPrice spread, now −0.351%Rate

Funding earned: $27.96
Price spread: −0.351% → 0.000%: −$35.07
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$13.1
Costs to cover: 0.060%
Break-even: 10.3 days

Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Variational Omni and 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
BloFin BASED-USDT	+0.0076%	4h	0.06797	−0.174%	$260K	$47K	25x	as long as short
Aster BASEDUSDT	+0.0100%	4h	0.06787	−0.326%	$29K	$6K	5x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06788	−0.301%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06771	−0.556%	$2.1M	$692K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06787	−0.321%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06781	−0.409%	$532K	$579K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06787	−0.321%	$4.8M	$591K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06787	−0.321%	$566K	$72K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06793	−0.233%	$1.3M	$360K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06782	−0.395%	—	$1.7M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BASEDlong	+0.0100%	4h	0.06809	long leg	$94K	$15K	—
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06809	−0.005%	$94K	$380K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06780	−0.424%	$1K	$886K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06787	−0.328%	$3K	$200K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0233%	4h	0.06785	−0.351%	$3K	$664	10x