Funding you earn now, next payment 08:00 UTC−0.0219%/8h= −23.9% APRnext payment −$2.19 per $10,000 · paid last 24h −0.052%
Price spread now: Orderly against MEXC−0.052%7-day average −0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.052%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.146% in total (about -7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX500_USDT | 7,768.4 | −0.0084 | get 0.0084% / 8h | 1h 43m | $69.6M | $45.9M | 200x |
| Short | Orderly PERP_SPX500_USDC | 7,764.4 | −0.0303 | pay 0.0303% / 8h | 1h 43m | $361K | $127K | 20x |
MEXC SPX500_USDT
Orderly PERP_SPX500_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
- −$45.93
- Price spread: −0.052% → −0.037%
- −$1.45
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$53.38
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 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, 5 min ago | 0.06 bp | 0.3 bp $0 | 0.4 bp −$4 | 8.8 bp −$878 | 88.6 bp −$44.3K |
| 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.
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDCshort | −0.0303% | 8h | 7,764.4 | −0.052% | $361K | $127K | 20x | |
| Gate SPX500_USDT | −0.0200% | 8h | 7,753.2 | −0.196% | $1.7M | $94K | 100x | as long as short |
| MEXC SPX500_USDTlong | −0.0084% | 8h | 7,768.4 | long leg | $69.6M | $45.9M | 200x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,709.8 | −0.754% | $2K | $2.4M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | 7,758.3 | −0.130% | $502K | $231K | 30x | as long as short |
Gate SPX500_USDT
SunX SPX500-USDT
HTX SPX500-USDT