BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0178%/8h= +19.5% APRnext payment +$0.89 per $10,000 · paid last 24h +0.026%

Price spread now: Orderly against Aster−0.021%49s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.021% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). 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	Aster BASEDUSDT	0.06825	0.0100	pay 0.0050% / 4h	2h 41m	$29K	$6K	5x
Short	Orderly PERP_BASED_USDC	0.06824	0.0278	get 0.0139% / 4h	2h 41m	$3K	$664	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee OrderlybpOrdersPrice spread, now −0.021%Rate

Funding earned: $37.43
Price spread: −0.021% → 0.000%: −$2.13
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $21.3
Costs to cover: 0.140%
Break-even: 3.0 days

Slippage unknown: Aster: 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 Aster no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aster 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.

BASED on 15 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
BloFin BASED-USDT	+0.0060%	4h	0.06843	+0.257%	$261K	$49K	25x	as long as short
Aster BASEDUSDTlong	+0.0100%	4h	0.06825	long leg	$29K	$6K	5x
Binance BASEDUSDT	+0.0100%	4h	0.06824	−0.025%	$4.2M	$3.2M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06809	−0.241%	$2.1M	$688K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06815	−0.153%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06818	−0.109%	$535K	$592K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06825	−0.007%	$4.9M	$531K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06828	+0.037%	$582K	$73K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06826	+0.008%	$1.3M	$373K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06818	−0.109%	—	$1.7M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni BASED	+0.0100%	4h	0.06831	+0.086%	$94K	$14K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06849	+0.344%	$96K	$384K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06823	−0.036%	$1K	$915K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06822	−0.045%	$3K	$227K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0278%	4h	0.06824	−0.021%	$3K	$664	10x