Funding you earn now, next payment 04:00 UTC−0.0491%/8h= −53.8% APRnext payment −$2.46 per $10,000 · paid last 24h −0.046%
Price spread now: Orderly against Bybit−0.206%50s7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Orderly is 0.206% cheaper against Bybit than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | Bybit DEXEUSDT | 1.9430 | 0.0591 | pay 0.0296% / 4h | 2h 43m | $2.4M | $939K | 20x |
| Short | Orderly PERP_DEXE_USDC_mythos | 1.9390 | 0.0100 | get 0.0050% / 4h | 2h 43m | $8K | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- −$103.19
- Price spread: −0.206% → 0.000%
- −$20.59
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$140.78
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 2.57 bp | 59.9 bp −$60 | doesn't fit | 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.
DEXE on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.272% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9419 | −0.057% | $172K | $34K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9400 | −0.154% | $7.0M | $8.8M | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9410 | −0.103% | $479K | $786K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9380 | −0.257% | $1.8M | $222K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9370 | −0.309% | $3.2M | $542K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9400 | −0.154% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9442 | +0.062% | $35K | $388 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythosshort | +0.0100% | 4h | 1.9390 | −0.206% | $8K | — | 10x | |
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9450 | +0.103% | $397K | $33K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DEXEUSDTlong | +0.0591% | 4h | 1.9430 | long leg | $2.4M | $939K | 20x | |
| Kraken Futures PF_DEXEUSD | +0.0757% | 1h | 1.9393 | −0.193% | $43K | $53K | 20x | as long as short |
Bybit DEXEUSDT
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
BloFin DEXE-USDT
Kraken Futures PF_DEXEUSD