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: Binance against BingX+0.009%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days+0.075%+$8 · spread now +0.009%, 7d avg +0.106%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.097% cheaper against BingX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.8590 | 0.0100 | pay 0.0050% / 4h | 6m 16s | — | $2.3M | — |
| Short | Binance ORDIUSDT | 4.8594 | 0.0100 | get 0.0050% / 4h | 6m 16s | $9.9M | $31.5M | 50x |
BingX ORDI-USDC
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.009% → +0.106%
- −$9.69
- Slippage, 4 orders
- −$43.91
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.59
- Costs to cover
- 0.639%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Binance: 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 BingX live order book, 12 min ago | 1.03 bp | 20.6 bp −$21 | 71.7 bp −$717 | 455.4 bp −$45.5K | 548.1 bp −$274.0K |
| Sell Binance live order book, 5 min ago | 1.03 bp | 11.6 bp −$12 | 24.4 bp −$244 | 312.0 bp −$31.2K | 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 | 4.8568 | −0.045% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.256% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8682 | +0.189% | $707K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8594 | +0.009% | $4K | $420K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8594 | +0.009% | $9.9M | $31.5M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8570 | −0.041% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8570 | −0.041% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8580 | −0.021% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8590 | 0.000% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8582 | −0.016% | $939K | $812K | 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 ORDIUSDT | +0.0100% | 4h | 4.8590 | 0.000% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.8590 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8528 | −0.127% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8510 | −0.165% | $907 | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8560 | −0.062% | $88K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8583 | −0.013% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0154% | 4h | 4.8610 | +0.041% | $602K | $308K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8544 | −0.094% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3041% | 1h | 4.8722 | +0.272% | $65K | $43K | 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