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: Bitget against Binance−0.033%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now −0.033%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.9056 | 0.0100 | pay 0.0050% / 4h | 58m 03s | $10.1M | $31.2M | 50x |
| Short | Bitget ORDIUSDT | 4.9040 | 0.0100 | get 0.0050% / 4h | 58m 03s | $2.9M | $3.0M | 50x |
Binance ORDIUSDT
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.033% → −0.001%
- −$3.12
- Slippage, 4 orders
- −$31.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.06
- Costs to cover
- 0.539%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 5 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, 13 min ago | 1.03 bp | 10.9 bp −$11 | 29.7 bp −$297 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.06 bp | 15.5 bp −$16 | 24.9 bp −$249 | doesn't fit | doesn't fit |
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 | 4.9033 | −0.048% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.147% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9077 | +0.043% | $713K | $650K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9057 | +0.002% | $4K | $419K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.9056 | long leg | $10.1M | $31.2M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8990 | −0.135% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9000 | −0.114% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9020 | −0.073% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9050 | −0.012% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9051 | −0.010% | $938K | $831K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9040 | −0.033% | $2.9M | $3.0M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9000 | −0.114% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8878 | −0.362% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8960 | −0.196% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8970 | −0.175% | $89K | $357K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9045 | −0.021% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0153% | 4h | 4.9090 | +0.069% | $608K | $311K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8996 | −0.123% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3013% | 1h | 4.9179 | +0.250% | $66K | $43K | 25x | as long as short |
BingX ORDI-USDC
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