Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.035%
Price spread now: Orderly against Gate−0.031%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. Orderly is 0.031% cheaper against Gate than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate COIN_USDT | 196.08 | 0 | get 0.0000% / 8h | 1h 15m | $1.2M | $7.4M | 50x |
| Short | Orderly PERP_COIN_USDC_mythos | 196.02 | 0.0100 | get 0.0100% / 8h | 1h 15m | $567 | $4K | 10x |
Funding 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
- $21
- Price spread: −0.031% → 0.000%
- −$3.06
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.06
- Costs to cover
- 0.210%
- Break-even
- 8.0 days
Slippage unknown: Gate: live order book, 3 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, 3 min ago | 5.10 bp | 15.1 bp −$15 | 149.4 bp −$1,494 | 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0604% | 8h | 196.23 | +0.076% | $6.4M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.01 | −0.036% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0087% | 1h | 195.58 | −0.255% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.99 | −0.044% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.03 | −0.024% | $117K | $790K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.08 | 0.000% | $15.1M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.04 | −0.020% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.10 | +0.010% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 196.08 | long leg | $1.2M | $7.4M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 195.99 | −0.046% | $713K | $980K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.11 | +0.014% | $12K | $2.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.02 | −0.031% | $461K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.22 | +0.071% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 196.01 | −0.036% | $1.3M | $2.9M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.88 | −0.102% | $15.2M | $13.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.93 | −0.076% | $130K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.93 | −0.076% | $80 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.94 | −0.071% | $435K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.85 | −0.117% | $987K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.96 | −0.061% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythosshort | +0.0100% | 8h | 196.02 | −0.031% | $567 | $4K | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 196.05 | −0.014% | $116 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 196.05 | −0.017% | $364K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.09 | +0.005% | $186K | $427K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.91 | −0.087% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0245% | 4h | 196.07 | −0.005% | $50K | $296K | 10x | as long as short |
Gate COIN_USDT
Bitget COINUSDT
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COIN
GRVT COIN_USDT_Perp
Lighter RH COIN
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Lighter COIN
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC