Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.256%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$880.882% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.285%+$29 · spread now −0.256%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.226% cheaper against Binance than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.8780 | 0.0100 | pay 0.0050% / 4h | 19m 53s | $9.9M | $33.8M | 50x |
| Short | KuCoin ORDIUSDTM | 4.8655 | 0.0100 | get 0.0050% / 4h | 19m 53s | $1.0M | $794K | 50x |
Binance ORDIUSDT
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.256% → −0.031%
- −$22.57
- Slippage, 4 orders
- −$66.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$110.81
- Costs to cover
- 0.882%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 4 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, 7 min ago | 1.03 bp | 9.0 bp −$9 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 9.36 bp | 28.8 bp −$29 | 534.4 bp −$5,344 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0306% | 1h | 4.8616 | −0.335% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0036% | 4h | 4.8680 | −0.205% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8626 | −0.316% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.622% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8833 | +0.109% | $705K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8729 | −0.104% | $10K | $386K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.8780 | long leg | $9.9M | $33.8M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8660 | −0.246% | $4.1M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8730 | −0.103% | $5.2M | $17.7M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8740 | −0.082% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.8655 | −0.256% | $1.0M | $794K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8750 | −0.062% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8640 | −0.287% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8616 | −0.335% | $26K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8620 | −0.328% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8630 | −0.308% | $84K | $363K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8701 | −0.162% | $5K | $221K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0126% | 4h | 4.8660 | −0.246% | $595K | $307K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8699 | −0.166% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]