Funding you earn now, next payment 08:00 UTC+0.0659%/8h= +72.2% APRnext payment +$6.59 per $10,000 · paid last 24h +0.029%
Price spread now: Orderly against Bitget−0.061%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
Funding pays, the price is against you. Orderly is 0.061% cheaper against Bitget than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 197.80 | −0.0559 | get 0.0559% / 8h | 6h 16m | $6.5M | $10.1M | 20x |
| Short | Orderly PERP_COIN_USDC_mythos | 197.68 | 0.0100 | get 0.0100% / 8h | 6h 16m | $572 | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- $138.39
- Price spread: −0.061% → 0.000%
- −$6.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $114.32
- Costs to cover
- 0.180%
- Break-even
- 1.2 days
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 1.77 bp | 12.3 bp −$12 | 20.5 bp −$205 | doesn't fit | 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 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDTlong | −0.0559% | 8h | 197.80 | long leg | $6.5M | $10.1M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.10 | −0.354% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0048% | 1h | 197.30 | −0.253% | — | $290K | 25x | as long as short |
| Gate COIN_USDT | −0.0020% | 8h | 197.72 | −0.040% | $1.2M | $7.0M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.00 | +0.103% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.66 | −0.069% | $117K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.71 | −0.046% | $14.8M | $77.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.75 | −0.025% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.72 | −0.040% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.75 | −0.026% | $819K | $939K | — | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.57 | −0.116% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.76 | −0.020% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.66 | −0.068% | $378K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.65 | −0.076% | $437K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.82 | +0.010% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.69 | −0.056% | $15.8M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.68 | −0.061% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.63 | −0.086% | $94 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.56 | −0.121% | $351K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.73 | −0.035% | $996K | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.60 | −0.101% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 197.68 | −0.061% | $572 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.67 | −0.065% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.75 | −0.025% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0503% | 4h | 197.53 | −0.137% | $51K | $295K | 10x | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Phoenix COIN
edgeX COINUSDC