Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Binance−0.083%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$760.756% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.083%, 7d avg −0.107%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.024% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.107%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.8480 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $9.8M | $30.6M | 50x |
| Short | BingX ORDI-USDC | 4.8440 | 0.0100 | get 0.0050% / 4h | 2h 31m | — | $2.3M | — |
Binance ORDIUSDT
BingX ORDI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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: −0.083% → −0.107%
- $2.4
- Slippage, 4 orders
- −$55.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$73.2
- Costs to cover
- 0.756%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; BingX: live order book, 7 min ago.
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 Binance live order book, 10 min ago | 1.03 bp | 12.6 bp −$13 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.13 bp | 30.9 bp −$31 | 124.9 bp −$1,249 | 459.2 bp −$45.9K | 603.9 bp −$301.9K |
ORDI on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8393 | −0.179% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.044% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0058% | 4h | 4.8420 | −0.124% | $1.2M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8529 | +0.101% | $707K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8459 | −0.043% | $4K | $414K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.8480 | long leg | $9.8M | $30.6M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8400 | −0.165% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8450 | −0.062% | $5.3M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8480 | 0.000% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8431 | −0.101% | $926K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8450 | −0.062% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDCshort | +0.0100% | 4h | 4.8440 | −0.083% | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8363 | −0.241% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.268% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8390 | −0.186% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8473 | −0.014% | $4K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.8490 | +0.021% | $602K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8468 | −0.024% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2502% | 1h | 4.8627 | +0.304% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD