Funding you earn now, next payment 00:00 UTC−0.0741%/8h= −81.1% APRnext payment −$3.71 per $10,000 · paid last 24h −0.101%
Price spread now: Orderly against Aster+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Orderly is 0.032% dearer against Aster than usual: you sell high and buy low (spread +0.032% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MUSDT | 1.4494 | 0.0841 | pay 0.0421% / 4h | 51m 22s | $14K | $114K | 5x |
| Short | Orderly PERP_M_USDC | 1.4499 | 0.0100 | get 0.0050% / 4h | 51m 22s | $2K | $596 | 10x |
Aster MUSDT
Orderly PERP_M_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$155.62
- Price spread: +0.032% → 0.000%
- $3.17
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$166.45
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 24 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 Aster live order book, 24 min ago | 16.49 bp | 98.8 bp −$99 | doesn't fit | 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.
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4480 | −0.099% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4471 | −0.161% | $1.9M | $909K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4483 | −0.079% | $1.9M | $357K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4417 | −0.537% | $89K | $43K | — | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.4499 | +0.032% | $2K | $596 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4500 | +0.039% | $2K | $591K | 20x | as long as short |
| Aster MUSDTlong | +0.0841% | 4h | 1.4494 | long leg | $14K | $114K | 5x | |
| BingX M-USDT | +0.1158% | 4h | 1.4479 | −0.106% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.1231% | 4h | 1.4484 | −0.072% | $350K | $417K | 10x | as long as short |
| MEXC M_USDT | +0.1232% | 4h | 1.4505 | +0.073% | $247K | $110K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
BingX M-USDT
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.1233% | 4h | 1.4491 | −0.027% | $5.5M | $4.7M | 10x | as long as short |
| KuCoin MUSDTM | +0.1252% | 4h | 1.4349 | −1.002% | $1.4M | $4.4M | 10x | as long as short |
Binance MUSDT
KuCoin MUSDTM