Funding you earn now, next payment 00:00 UTC+0.0100%/8hnext payment +$1.00 per $10,000 · paid last 24h +0.004%
Price spread now: Orderly against Binance+0.131%49s7-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 +$3 a day on $10k at the current rate, and Orderly is 0.131% dearer against Binance than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | Binance COINUSDT | 201.77 | 0 | get 0.0000% / 8h | 4h 21m | $15.7M | $75.1M | 20x |
| Short | Orderly PERP_COIN_USDC_mythos | 202.03 | 0.0100 | get 0.0100% / 8h | 4h 21m | $584 | $5K | 10x |
Binance COINUSDT
Orderly PERP_COIN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- $21
- Price spread: +0.131% → 0.000%
- $13.08
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $18.08
- Costs to cover
- 0.160%
- Break-even
- 1.0 days
Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago | 0.74 bp | 9.1 bp −$9 | 16.9 bp −$169 | 42.4 bp −$4,242 | 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.
COIN on 26 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 COIN/USDC PERP | −0.0440% | 1h | 202.52 | +0.374% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.93 | +0.080% | $371K | $832K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.82 | +0.026% | $100K | $428K | 10x | as long as short |
| Binance COINUSDTlong | 0.0000% | 8h | 201.77 | long leg | $15.7M | $75.1M | 20x | |
| Bybit COINUSDT | 0.0000% | 8h | 201.81 | +0.022% | $5.0M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.80 | +0.017% | $3.3M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.89 | +0.061% | $1.3M | $6.7M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 202.32 | +0.274% | $791K | $1.0M | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.41 | +0.320% | $13K | $1.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.91 | +0.071% | $444K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus COIN-USD | +0.0040% | 1h | 201.82 | +0.027% | $19K | $42K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | +0.081% | — | $493K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.93 | +0.081% | $132K | $1.1M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.00 | +0.116% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.31 | +0.270% | $370K | $3.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0055% | 1h | 201.80 | +0.017% | $1.4M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0096% | 1h | 201.92 | +0.076% | $377K | $2.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.98 | +0.106% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.59 | +0.408% | $91K | $630K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 202.03 | +0.131% | $584 | $5K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 202.03 | +0.128% | $119 | — | 10x | as long as short |
| Bitget COINUSDT | +0.0111% | 8h | 201.89 | +0.061% | $6.8M | $9.5M | 20x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.16 | +0.195% | $157K | $333K | 20x | as long as short |
| edgeX COINUSDC | +0.0129% | 4h | 202.46 | +0.345% | $52K | $292K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0181% | 1h | 201.92 | +0.076% | $16.5M | $13.5M | 10x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 202.66 | +0.443% | $2K | $255K | 10x | as long as short |
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Aevo COIN-PERP
Bitget COINUSDT
BloFin COIN-USDT
edgeX COINUSDC
tradeXYZ xyz:COIN
Phoenix COIN