Funding you earn now, next payment 16:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.93 per $10,000 · paid last 24h −0.025%
Price spread now: Orderly against Gate+0.247%7-day average +0.146% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.193%−$19 · spread now +0.247%, 7d avg +0.146%
=The price spread pays, funding is against you. Orderly is 0.100% dearer against Gate than usual: you sell high and buy low (spread +0.247% now, against its 7-day average of +0.146%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX500_USDT | 7,751.8 | −0.0200 | get 0.0200% / 8h | 5h 08m | $1.7M | $78K | 100x |
| Short | Orderly PERP_SPX500_USDC | 7,770.9 | −0.0293 | pay 0.0293% / 8h | 5h 08m | $362K | $125K | 20x |
Gate SPX500_USDT
Orderly PERP_SPX500_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Gate. 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
- −$19.53
- Price spread: +0.247% → +0.146%
- $10.02
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$30.51
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 6.16 bp | 37.2 bp −$37 | 68.7 bp −$687 | 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.
SPX500 on 5 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDCshort | −0.0293% | 8h | 7,770.9 | +0.247% | $362K | $125K | 20x | |
| Gate SPX500_USDTlong | −0.0200% | 8h | 7,751.8 | long leg | $1.7M | $78K | 100x | |
| SunX SPX500-USDT | +0.0050% | 1h | 7,710 | −0.539% | $2K | $1.7M | 20x | as long as short |
| HTX SPX500-USDT | +0.0050% | 1h | 7,765.4 | +0.176% | $502K | $239K | 30x | as long as short |
| MEXC SPX500_USDT | +0.0070% | 8h | 7,775.4 | +0.305% | $73.2M | $48.0M | 200x | as long as short |
SunX SPX500-USDT
HTX SPX500-USDT
MEXC SPX500_USDT