Funding you earn now, next payment 09:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h +0.009%
Price spread now: Orderly against SoDEX+0.061%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
The price spread pays, funding is against you. Orderly is 0.061% dearer against SoDEX than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COIN-USD | 196.59 | 0.0280 | pay 0.0035% / 1h | 20m 05s | $76 | $3K | 10x |
| Short | Orderly PERP_COIN_USDC_mythos | 196.71 | 0.0100 | get 0.0100% / 8h | 7h 20m | $569 | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SoDEX. 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
- −$37.86
- Price spread: +0.061% → 0.000%
- $6.1
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$45.75
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
SoDEX and 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 | 196.17 | −0.214% | $71K | $177K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0068% | 1h | 196.23 | −0.183% | — | $319K | 25x | as long as short |
| Bitget COINUSDT | −0.0002% | 8h | 196.82 | +0.117% | $6.4M | $10.1M | 20x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.42 | −0.085% | $342K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.79 | +0.102% | $4.6M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.78 | +0.097% | $3.0M | $4.6M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.77 | +0.092% | $1.2M | $6.8M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.82 | +0.118% | $662K | $980K | — | as long as short |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.49 | −0.557% | $13K | $3.0M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.71 | +0.059% | $365K | $2.0M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH COIN | +0.0032% | 1h | 196.70 | +0.056% | $474K | $1.3M | 10x | as long as short |
| Extended COIN_24_5-USD | +0.0032% | 1h | 196.67 | +0.042% | $104K | $859K | 10x | as long as short |
| Binance COINUSDT | +0.0034% | 8h | 196.72 | +0.069% | $14.9M | $81.3M | 20x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.89 | +0.153% | $17K | $49K | 5x | as long as short |
| edgeX COINUSDC | +0.0043% | 4h | 195.30 | −0.654% | $50K | $295K | 10x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 196.64 | +0.025% | $1.3M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.66 | +0.036% | $15.3M | $12.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.58 | −0.005% | $135K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.51 | −0.041% | $425K | $2.5M | 10x | as long as short |
| BloFin COIN-USDT | +0.0094% | 8h | 196.89 | +0.153% | $189K | $486K | 20x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.56 | −0.015% | $989K | $199K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.25 | −0.682% | $88K | $285K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 196.71 | +0.061% | $569 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 196.73 | +0.071% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 194.76 | −0.931% | $4K | $283K | 10x | as long as short |
| SoDEX COIN-USDlong | +0.0280% | 1h | 196.59 | long leg | $76 | $3K | 10x |
SoDEX COIN-USD
Injective COIN/USDC PERP
Bitget COINUSDT
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Extended COIN_24_5-USD
Binance COINUSDT
edgeX COINUSDC
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
BloFin COIN-USDT
KuCoin COINUSDTM
ApeX Omni COINUSDT
Phoenix COIN