BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0194%/8h= +21.3% APRnext payment +$0.97 per $10,000 · paid last 24h +0.036%

Price spread now: Orderly against Binance−0.086%7-day average — · you buy dearer than you sell

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

Long on Binance 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—needs both histories

Funding pays, the price is against you. Orderly is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 35 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance BASEDUSDT	0.06830	0.0100	pay 0.0050% / 4h	2m 02s	$4.2M	$3.1M	25x
Short	Orderly PERP_BASED_USDC	0.06824	0.0294	get 0.0147% / 4h	2m 02s	$3K	$664	10x

Funding 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 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.086%Rate

Funding earned: $40.81
Price spread: −0.086% → 0.000%: −$8.57
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $16.25
Costs to cover: 0.160%
Break-even: 4.2 days

Slippage unknown: Binance: live order book, 5 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, 5 min ago	2.20 bp	29.8 bp −$30	124.6 bp −$1,246	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.

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	+0.0045%	4h	0.06821	−0.130%	$258K	$47K	25x	as long as short
Aster BASEDUSDT	+0.0100%	4h	0.06820	−0.145%	$29K	$6K	5x	as long as short
Binance BASEDUSDTlong	+0.0100%	4h	0.06830	long leg	$4.2M	$3.1M	25x
Bybit BASEDUSDT	+0.0100%	4h	0.06807	−0.335%	$2.1M	$706K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06820	−0.144%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06815	−0.217%	$534K	$600K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06828	−0.027%	$4.9M	$596K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06814	−0.232%	$577K	$72K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06810	−0.291%	$1.3M	$369K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06809	−0.305%	—	$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	0.06803	−0.389%	$94K	$15K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06780	−0.730%	$95K	$382K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06824	−0.086%	$2K	$901K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06828	−0.029%	$2K	$201K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0294%	4h	0.06824	−0.086%	$3K	$664	10x