Funding you earn now, next payment 04:00 UTC+0.0298%/8h= +32.6% APRnext payment +$1.49 per $10,000 · paid last 24h +0.056%
Price spread now: BingX against Orderly+0.028%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.028% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ETHFI_USDC | 0.7150 | −0.0198 | get 0.0099% / 4h | 1h 59m | $16K | $1K | 10x |
| Short | BingX ETHFI-USDT | 0.7152 | 0.0100 | get 0.0050% / 4h | 1h 59m | — | $26.0M | — |
Orderly PERP_ETHFI_USDC
BingX ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- $62.59
- Price spread: +0.028% → 0.000%
- $2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $49.39
- Costs to cover
- 0.160%
- Break-even
- 1.5 days
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 9 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 BingX live order book, 9 min ago | 1.39 bp | 7.3 bp −$7 | 10.7 bp −$107 | 29.2 bp −$2,916 | 82.6 bp −$41.3K |
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.
ETHFI on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0309% | 1h | 0.7152 | +0.028% | $41K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDClong | −0.0198% | 4h | 0.7150 | long leg | $16K | $1K | 10x | |
| HTX ETHFI-USDT | −0.0114% | 4h | 0.7150 | 0.000% | $88K | $168K | 20x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.259% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0064% | 8h | 0.7153 | +0.036% | $6K | — | 5x | as long as short |
| Variational Omni ETHFI | +0.0064% | 4h | 0.7160 | +0.136% | $1.1M | $717K | — | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7156 | +0.090% | $1.1M | $888K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7154 | +0.056% | $17.9M | $8.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7159 | +0.124% | $183K | $257K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7151 | +0.013% | $24.9M | $35.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7151 | +0.014% | $18.0M | $12.5M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7159 | +0.126% | $5.0M | $12.2M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7155 | +0.070% | $1.7M | $1.9M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0100% | 4h | 0.7145 | −0.070% | $15.4M | $3.9M | 125x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7159 | +0.126% | $1.2M | $254K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7147 | −0.042% | $6.1M | $5.3M | 75x | as long as short |
| BingX ETHFI-USDTshort | +0.0100% | 4h | 0.7152 | +0.028% | — | $26.0M | — | |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7150 | 0.000% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7147 | −0.040% | $100K | $381K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7147 | −0.041% | $9K | — | 3x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0305% | 1h | 0.7159 | +0.121% | $271K | $193K | 20x | as long as short |
| Polymarket Perps ETHFI-USD | +0.0311% | 1h | 0.7169 | +0.266% | $71K | $118K | 5x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0512% | 1h | 0.7253 | +1.441% | $32K | $6K | 50x | as long as short |
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
MEXC ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
SunX ETHFI-USDT
Extended ETHFI-USD
Aevo ETHFI-PERP
Kraken Futures PF_ETHFIUSD
Polymarket Perps ETHFI-USD
Coinbase International ETHFI-PERP-INTX