BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0204%/8h= −22.3% APRnext payment −$1.02 per $10,000 · paid last 24h −0.028%

Price spread now: MEXC against Orderly−0.044%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on MEXC

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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.044% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_BASED_USDC	0.06782	0.0304	pay 0.0152% / 4h	2h 24m	$3K	$652	10x
Short	MEXC BASED_USDT	0.06779	0.0100	get 0.0050% / 4h	2h 24m	$4.8M	$656K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Orderly. 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 OrderlybpFee MEXCbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$42.78
Price spread: −0.044% → 0.000%: −$4.42
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$57.2
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 3 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	1.48 bp	11.8 bp −$12	44.8 bp −$448	204.3 bp −$20.4K	759.6 bp −$379.8K

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	0.06766	−0.236%	$252K	$37K	25x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06781	−0.017%	$4.2M	$2.9M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06771	−0.162%	$2.1M	$576K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06775	−0.103%	$2.6M	$3.4M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06779	−0.044%	$540K	$518K	50x	as long as short
MEXC BASED_USDTshort	+0.0100%	4h	0.06779	−0.044%	$4.8M	$656K	50x
KuCoin BASEDUSDTM	+0.0100%	4h	0.06769	−0.192%	$564K	$111K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06788	+0.088%	$1.3M	$360K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06780	−0.029%	—	$1.6M	—	as long as short
Variational Omni BASED	+0.0100%	4h	0.06752	−0.446%	$92K	$22K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT BASED_USDT_Perp	+0.0100%	4h	0.06724	−0.858%	$92K	$372K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06778	−0.059%	$1K	$795K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06781	−0.019%	$5K	$226K	5x	as long as short
Aster BASEDUSDT	+0.0174%	4h	0.06776	−0.082%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDClong	+0.0304%	4h	0.06782	long leg	$3K	$652	10x