Funding you earn now, next payment 08:00 UTC−0.0514%/8h= −56.3% APRnext payment −$2.57 per $10,000 · paid last 24h −0.178%
Price spread now: Orderly against MEXC+0.036%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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.036% dearer against MEXC than usual: you sell high and buy low (spread +0.036% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 6 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC M_USDT | 1.4079 | 0.0614 | pay 0.0307% / 4h | 3h 22m | $232K | $107K | 50x |
| Short | Orderly PERP_M_USDC | 1.4084 | 0.0100 | get 0.0050% / 4h | 3h 22m | $2K | $510 | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$107.94
- Price spread: +0.036% → 0.000%
- $3.55
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$114.39
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 12 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 MEXC live order book, 12 min ago | 1.06 bp | 30.6 bp −$31 | 46.4 bp −$464 | 121.6 bp −$12.2K | 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 | 1.4080 | +0.007% | $4.4M | $1.7M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4061 | −0.128% | $1.9M | $880K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4067 | −0.085% | $1.8M | $249K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4091 | +0.084% | $88K | $43K | — | as long as short |
| Orderly PERP_M_USDCshort | +0.0100% | 4h | 1.4084 | +0.036% | $2K | $510 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4086 | +0.050% | $2K | $778K | 20x | as long as short |
| Aster MUSDT | +0.0403% | 4h | 1.4060 | −0.132% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0572% | 4h | 1.4075 | −0.028% | — | $2.4M | — | as long as short |
| MEXC M_USDTlong | +0.0614% | 4h | 1.4079 | long leg | $232K | $107K | 50x | |
| Binance MUSDT | +0.0615% | 4h | 1.4076 | −0.021% | $5.5M | $3.8M | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.0659% | 4h | 1.4087 | +0.057% | $354K | $445K | 10x | as long as short |
| KuCoin MUSDTM | +0.1400% | 4h | 1.3976 | −0.731% | $1.4M | $3.9M | 10x | as long as short |
MEXC M_USDT
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDT
BloFin M-USDT
KuCoin MUSDTM