BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0159%/8h= +17.4% APRnext payment +$0.80 per $10,000 · paid last 24h +0.028%

Price spread now: Orderly against Gate−0.015%7-day average — · you buy dearer than you sell

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

Long on Gate 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate BASED_USDT	0.06719	0.0100	pay 0.0050% / 4h	2h 50m	$534K	$511K	50x
Short	Orderly PERP_BASED_USDC	0.06718	0.0259	get 0.0130% / 4h	2h 50m	$3K	$652	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Gate. 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 GatebpFee OrderlybpOrdersPrice spread, now −0.015%Rate

Funding earned: $33.39
Price spread: −0.015% → 0.000%: −$1.49
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Orderly: 3 bp × 2 orders: −$6
Net: $10.91
Costs to cover: 0.210%
Break-even: 4.7 days

Slippage unknown: Gate: live order book, 35 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 Gate live order book, 35 min ago	6.69 bp	31.4 bp −$31	6180.1 bp −$61.8K	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	+0.0097%	4h	0.06729	+0.149%	$210K	$37K	25x	as long as short
Aster BASEDUSDT	+0.0100%	4h	0.06719	−0.002%	$28K	$6K	5x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06723	+0.059%	$4.1M	$2.9M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06709	−0.149%	$2.1M	$571K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06711	−0.119%	$2.6M	$3.3M	20x	as long as short
Gate BASED_USDTlong	+0.0100%	4h	0.06719	long leg	$534K	$511K	50x
MEXC BASED_USDT	+0.0100%	4h	0.06721	+0.030%	$4.8M	$643K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06712	−0.104%	$560K	$111K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06722	+0.045%	$1.3M	$358K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06717	−0.030%	—	$1.6M	—	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	0.06704	−0.223%	$92K	$21K	—	as long as short
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06727	+0.124%	$92K	$388K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06713	−0.089%	$2K	$786K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06721	+0.029%	$5K	$226K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0259%	4h	0.06718	−0.015%	$3K	$652	10x