data as of
Settings8H · net · $10k
Funding arb /

S

all S markets
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Funding spread now, next payment 18:00 UTC+0.0202%/8h
paid, last 24h+0.109%paid, last 7 days+0.699%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_S_USDC0.03868−0.0098get 0.0049% / 4h2h 20m$102K$325K10x
ShortExtended S-USD0.038600.0104get 0.0013% / 1h20m 41s$216K$944K10x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$42.47
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$31.47
Break-even
1.8 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 19 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.205%
Avg gap 7d
−0.073%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Extended live order book, 19 min ago3.90 bp35.9 bp −$36273.8 bp −$2,738doesn't fitdoesn'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.

S on 25 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Coinbase International S-PERP-INTX−0.2080%1h$47K$10K25xas long as short
Kraken Futures PF_SUSD−0.1663%1h$33K$43K10xas long as short
Variational Omni S−0.0878%4h$600K$120Kas long as short
GMX S/USD [WBTC.b-USDC]L −0.0276% / S +0.0259%1h$1K100xas long as short
Aster SUSDT−0.0138%4h$42K$258K10xas long as short
01 Exchange SUSD−0.0104%1h$23K$3K5xas long as short
Reya SRUSDPERP−0.0101%1h$415xas long as short
Orderly PERP_S_USDClong−0.0098%4h$102K$325K10x
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h$596150xas long as short
Injective S/USDC PERP+0.0033%1h$2K$120K12xas long as short
Show all 25 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Lighter S+0.0096%1h$162K$309K5xas long as short
Hyperliquid S+0.0100%1h$993K$1.4M5xas long as short
Binance SUSDT+0.0100%4h$5.3M$38.3M75xas long as short
Bybit SUSDT+0.0100%4h$5.6M$9.0M50xas long as short
OKX S-USDT-SWAP+0.0100%4h$974K$11.8M20xas long as short
Gate S_USDT+0.0100%4h$319K$366K50xas long as short
MEXC S_USDT+0.0100%4h$3.5M$3.4M200xas long as short
KuCoin SUSDTM+0.0100%4h$1.8M$3.7M50xas long as short
Bitget SUSDT+0.0100%4h$1.1M$4.6M50xas long as short
BingX S-USDT+0.0100%4h$6.9Mas long as short
Backpack S_USDC_PERP+0.0100%1h$113K$236K5xas long as short
ApeX Omni SUSDT+0.0100%1h$20K$493K50xas long as short
Extended S-USDshort+0.0104%1h$216K$944K10x
Deribit S_USDC-PERPETUAL+0.0267%1h$65K$11K10xas long as short
BloFin S-USDT+0.0340%4h$276K$258K75xas long as short