Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.004%
Price spread now: Orderly against Extended+0.048%7-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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.048% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended COIN_24_5-USD | 197.52 | 0 | get 0.0000% / 1h | 36m 24s | $117K | $699K | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 197.61 | 0.0100 | get 0.0100% / 8h | 6h 36m | $571 | $4K | 10x |
Extended COIN_24_5-USD
Orderly PERP_COIN_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Extended. 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: +0.048% → 0.000%
- $4.77
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $14.77
- Costs to cover
- 0.110%
- Break-even
- 2.1 days
Slippage unknown: Extended: live order book, 32 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 Extended live order book, 32 min ago | 0.25 bp | 7.9 bp −$8 | 75.9 bp −$759 | 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 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 | 197.14 | −0.190% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0216% | 8h | 197.81 | +0.149% | $6.5M | $10.3M | 20x | as long as short |
| Vest COIN-USD-PERP | 0.0000% | 1h | 197.08 | −0.221% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.73 | +0.110% | $360K | $856K | 20x | as long as short |
| Extended COIN_24_5-USDlong | 0.0000% | 1h | 197.52 | long leg | $117K | $699K | 10x | |
| Binance COINUSDT | 0.0000% | 8h | 197.68 | +0.083% | $14.9M | $78.1M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.74 | +0.113% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.54 | +0.012% | $3.1M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 197.60 | +0.043% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.93 | +0.212% | $820K | $1.0M | — | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.51 | −0.003% | $17K | $2.0M | 10x | as long as short |
| QFEX COIN-USD | +0.0028% | 1h | 197.65 | +0.068% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.56 | +0.020% | $388K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.53 | +0.007% | $428K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.68 | +0.083% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.57 | +0.027% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.64 | +0.063% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.38 | −0.069% | $96 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.43 | −0.043% | $350K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.60 | +0.043% | $982K | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.35 | −0.084% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 197.61 | +0.048% | $571 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 197.50 | −0.007% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 199.02 | +0.762% | $198K | $377K | 20x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.09 | +0.291% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0344% | 4h | 197.30 | −0.108% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC