Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average—if it closes, per $10,000$6funding while held, a day−$2.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_BASED_USDC | 0.06787 | 0.0198 | pay 0.0099% / 4h | 1h 38m | $3K | $801 | 10x |
| Short | BloFin BASED-USDT | 0.06783 | 0.0130 | get 0.0065% / 4h | 1h 38m | $254K | $36K | 25x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.89
- Funding while held
- −$2.05
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$25.95
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 54 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.05
- Average in range /8h
- —
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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 54 min ago | 5.94 bp | 25.1 bp −$25 | 63.0 bp −$630 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.BASED on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni BASED | −0.172% | +0.0100% | 4h | $92K | $21K | — | as long as short |
| KuCoin BASEDUSDTM | −0.162% | +0.0100% | 4h | $576K | $108K | 20x | as long as short |
| Bybit BASEDUSDT | −0.147% | +0.0100% | 4h | $2.1M | $550K | 25x | as long as short |
| OKX BASED-USDT-SWAP | −0.147% | +0.0100% | 4h | $2.6M | $3.3M | 20x | as long as short |
| BloFin BASED-USDTshort | −0.059% | +0.0130% | 4h | $254K | $36K | 25x | |
| SunX BASED-USDT | −0.044% | +0.0100% | 4h | $2K | $746K | 20x | as long as short |
| Extended BASED-USD | −0.036% | +0.0104% | 1h | $5K | $226K | 5x | as long as short |
| Binance BASEDUSDT | −0.031% | +0.0100% | 4h | $4.2M | $2.8M | 25x | as long as short |
| BingX BASED-USDT | −0.029% | +0.0100% | 4h | — | $1.6M | — | as long as short |
| Gate BASED_USDT | −0.015% | +0.0100% | 4h | $536K | $499K | 50x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC BASED_USDT | −0.015% | +0.0100% | 4h | $4.8M | $600K | 50x | as long as short |
| Orderly PERP_BASED_USDClong | 0.000% | +0.0198% | 4h | $3K | $801 | 10x | |
| Aster BASEDUSDT | +0.050% | +0.0100% | 4h | $29K | $6K | 5x | as long as short |
| Bitget BASEDUSDT | +0.118% | +0.0100% | 4h | $1.3M | $459K | 25x | as long as short |
BloFin BASED-USDT
Variational Omni
KuCoin
Bybit
OKX
SunX
Extended
Binance
BingX
Gate
MEXC
Aster
Bitget