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: MEXC against Orderly−0.142%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 pays, the price is against you. MEXC is 0.142% cheaper against Orderly than usual: you would sell low and buy high (spread −0.142% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 22 hours of funding at the current rate (+$15 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_M_USDC | 1.4095 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $2K | $510 | 10x |
| Short | MEXC M_USDT | 1.4075 | 0.0614 | get 0.0307% / 4h | 3h 22m | $231K | $107K | 50x |
Orderly PERP_M_USDC
MEXC M_USDTFunding 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 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: −0.142% → 0.000%
- −$14.19
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $83.75
- Costs to cover
- 0.100%
- Break-even
- 1.6 days
Slippage unknown: Orderly: no order-book sample; MEXC: live order book, 12 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, 12 min ago | 1.06 bp | 25.5 bp −$26 | 47.0 bp −$470 | 119.0 bp −$11.9K | 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 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 | 1.4081 | −0.099% | $4.4M | $1.7M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4062 | −0.234% | $1.9M | $880K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4067 | −0.199% | $1.8M | $249K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4091 | −0.029% | $88K | $43K | — | as long as short |
| Orderly PERP_M_USDClong | +0.0100% | 4h | 1.4095 | long leg | $2K | $510 | 10x | |
| SunX M-USDT | +0.0100% | 4h | 1.4086 | −0.064% | $2K | $778K | 20x | as long as short |
| Aster MUSDT | +0.0403% | 4h | 1.4062 | −0.235% | $15K | $87K | 5x | as long as short |
| BingX M-USDT | +0.0537% | 4h | 1.4075 | −0.142% | — | $2.4M | — | as long as short |
| MEXC M_USDTshort | +0.0614% | 4h | 1.4075 | −0.142% | $231K | $107K | 50x | |
| Binance MUSDT | +0.0615% | 4h | 1.4076 | −0.131% | $5.5M | $3.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
SunX M-USDT
Aster MUSDT
BingX M-USDT
Binance MUSDTShow 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 | 1.3963 | −0.933% | $1.4M | $3.9M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM