Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Orderly−0.190%7-day average — · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.190% cheaper against Orderly than usual: you would sell low and buy high, −$19 on $10k if it 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 | Orderly PERP_M_USDC | 1.4202 | 0.0100 | pay 0.0050% / 4h | 2h 24m | $2K | $496 | 10x |
| Short | Gate M_USDT | 1.4175 | 0.0100 | get 0.0100% / 8h | 6h 24m | $1.9M | $891K | 10x |
Orderly PERP_M_USDC
Gate M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Orderly. 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
- $0
- Price spread: −0.190% → 0.000%
- −$19.01
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.01
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 10.27 bp | 63.3 bp −$63 | doesn't fit | 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.
M on 11 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 | 1.4179 | −0.162% | $4.4M | $1.8M | 20x | as long as short |
| Gate M_USDTshort | +0.0100% | 8h | 1.4175 | −0.190% | $1.9M | $891K | 10x | |
| Variational Omni M | +0.0100% | 4h | 1.4164 | −0.270% | $88K | $43K | — | as long as short |
| Orderly PERP_M_USDClong | +0.0100% | 4h | 1.4202 | long leg | $2K | $496 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4214 | +0.084% | $2K | $706K | 20x | as long as short |
| Bitget MUSDT | +0.0106% | 4h | 1.4160 | −0.296% | $1.8M | $239K | 10x | as long as short |
| Aster MUSDT | +0.1245% | 4h | 1.4193 | −0.063% | $16K | $93K | 5x | as long as short |
| BingX M-USDT | +0.1552% | 4h | 1.4187 | −0.106% | — | $2.4M | — | as long as short |
| Binance MUSDT | +0.1593% | 4h | 1.4188 | −0.099% | $5.5M | $3.7M | 10x | as long as short |
| MEXC M_USDT | +0.1606% | 4h | 1.4190 | −0.084% | $238K | $108K | 50x | as long as short |
Bybit MUSDT
Variational Omni M
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BingX M-USDT
Binance MUSDT
MEXC M_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MUSDTM | +0.3312% | 4h | 1.4043 | −1.116% | $1.4M | $4.0M | 10x | as long as short |
KuCoin MUSDTM