Funding you earn now, next payment 08:00 UTC−0.0556%/8h= −60.9% APRnext payment −$2.78 per $10,000 · paid last 24h −0.178%
Price spread now: Orderly against MEXC−0.037%7-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 −$17 a day on $10k at the current rate, and Orderly is 0.037% cheaper against MEXC than usual: you would sell low and buy high (−$4 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 | MEXC M_USDT | 1.3483 | 0.0656 | pay 0.0328% / 4h | 13m 18s | $232K | $109K | 50x |
| Short | Orderly PERP_M_USDC | 1.3478 | 0.0100 | get 0.0050% / 4h | 13m 18s | $2K | $510 | 10x |
MEXC M_USDT
Orderly PERP_M_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$116.76
- Price spread: −0.037% → 0.000%
- −$3.71
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$130.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 6 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 MEXC live order book, 6 min ago | 0.74 bp | 33.8 bp −$34 | 51.3 bp −$513 | 135.0 bp −$13.5K | 562.4 bp −$281.2K |
| 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.
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDT | +0.0100% | 8h | 1.3454 | −0.215% | $1.8M | $914K | 10x | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.3478 | −0.037% | $2K | $510 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.3494 | +0.082% | $1K | $880K | 20x | as long as short |
| Bybit MUSDT | +0.0122% | 4h | 1.3490 | +0.052% | $4.2M | $1.7M | 20x | as long as short |
| Aster MUSDT | +0.0354% | 4h | 1.3477 | −0.042% | $12K | $83K | 5x | as long as short |
| BloFin M-USDT | +0.0611% | 4h | 1.3487 | +0.030% | $347K | $441K | 10x | as long as short |
| Binance MUSDT | +0.0647% | 4h | 1.3481 | −0.015% | $5.3M | $3.9M | 10x | as long as short |
| MEXC M_USDTlong | +0.0656% | 4h | 1.3483 | long leg | $232K | $109K | 50x | |
| Variational Omni M | +0.0963% | 4h | 1.3477 | −0.041% | $90K | $49K | — | as long as short |
| BingX M-USDT | +0.1200% | 4h | 1.3485 | +0.015% | — | $2.4M | — | as long as short |
Gate M_USDT
SunX M-USDT
Bybit MUSDT
Aster MUSDT
BloFin M-USDT
Binance MUSDT
Variational Omni M
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1274% | 4h | 1.3452 | −0.230% | $1.7M | $249K | 10x | as long as short |
| KuCoin MUSDTM | +0.2308% | 4h | 1.3372 | −0.821% | $1.3M | $3.7M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM