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: SunX against Binance−0.500%7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$184as in the Price arb table
costs, in and out, $10k−$1511.514% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now −0.500%, 7d avg −0.177%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.323% cheaper against Binance than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.177%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.9859 | 0.0100 | pay 0.0050% / 4h | 3h 52m | $10.2M | $33.4M | 50x |
| Short | SunX ORDI-USDT | 4.9610 | 0.0100 | get 0.0050% / 4h | 3h 52m | $1K | $1.2M | 20x |
Binance ORDIUSDT
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.500% → −0.177%
- −$32.29
- Slippage, 4 orders
- −$133.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$183.69
- Costs to cover
- 1.514%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; SunX: live order book, 11 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, 4 min ago | 1.01 bp | 11.3 bp −$11 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 30.61 bp | 49.5 bp −$49 | doesn't fit | 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 | −0.0565% | 1h | 4.9677 | −0.366% | $73K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9476 | −0.769% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −8.643% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0076% | 4h | 4.9840 | −0.039% | $611K | $312K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9859 | −0.001% | $717K | $661K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9701 | −0.317% | $12K | $420K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.9859 | long leg | $10.2M | $33.4M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9770 | −0.179% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9840 | −0.039% | $5.4M | $17.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9750 | −0.219% | $1.3M | $2.7M | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9740 | −0.239% | $6.9M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9726 | −0.268% | $991K | $855K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9850 | −0.019% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9730 | −0.260% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9306 | −1.109% | $24K | $43K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.9610 | −0.500% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9690 | −0.340% | $83K | $410K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9856 | −0.007% | $3K | $185K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9716 | −0.288% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]