BASED

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.036%

Price spread now: Orderly against Variational Omni+0.040%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Orderly is 0.040% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni BASED	0.06873	0.0100	pay 0.0050% / 4h	1h 16m	$95K	$15K	—
Short	Orderly PERP_BASED_USDC	0.06876	0.0236	get 0.0118% / 4h	1h 16m	$3K	$664	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. 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 Variational OmnibpFee OrderlybpOrdersPrice spread, now +0.040%Rate

Funding earned: $28.62
Price spread: +0.040% → 0.000%: $4.03
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: $26.65
Costs to cover: 0.060%
Break-even: 0.5 days

Slippage unknown: Variational Omni: 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Variational Omni 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	+0.0075%	4h	0.06887	+0.200%	$262K	$48K	25x	as long as short
Binance BASEDUSDT	+0.0100%	4h	0.06876	+0.040%	$4.2M	$3.1M	25x	as long as short
Bybit BASEDUSDT	+0.0100%	4h	0.06864	−0.134%	$2.1M	$682K	25x	as long as short
OKX BASED-USDT-SWAP	+0.0100%	4h	0.06870	−0.047%	$2.7M	$3.8M	20x	as long as short
Gate BASED_USDT	+0.0100%	4h	0.06871	−0.032%	$537K	$585K	50x	as long as short
MEXC BASED_USDT	+0.0100%	4h	0.06875	+0.026%	$4.9M	$613K	50x	as long as short
KuCoin BASEDUSDTM	+0.0100%	4h	0.06864	−0.134%	$573K	$74K	20x	as long as short
Bitget BASEDUSDT	+0.0100%	4h	0.06882	+0.128%	$1.3M	$371K	25x	as long as short
BingX BASED-USDT	+0.0100%	4h	0.06871	−0.032%	—	$1.7M	—	as long as short
Variational Omni BASEDlong	+0.0100%	4h	0.06873	long leg	$95K	$15K	—

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	0.06830	−0.628%	$95K	$380K	10x	as long as short
SunX BASED-USDT	+0.0100%	4h	0.06871	−0.032%	$2K	$882K	20x	as long as short
Extended BASED-USD	+0.0104%	1h	0.06876	+0.040%	$1K	$199K	5x	as long as short
Aster BASEDUSDT	+0.0127%	4h	0.06876	+0.046%	$29K	$6K	5x	as long as short
Orderly PERP_BASED_USDCshort	+0.0236%	4h	0.06876	+0.040%	$3K	$664	10x