Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX+0.041%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.527% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.041%, 7d avg +0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.9340 | 0.0100 | pay 0.0050% / 4h | 3h 18m | — | $27.5M | — |
| Short | Bitget ORDIUSDT | 4.9360 | 0.0100 | get 0.0050% / 4h | 3h 18m | $2.9M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.041% → +0.012%
- $2.84
- Slippage, 4 orders
- −$30.74
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$49.9
- Costs to cover
- 0.527%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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 BingX live order book, 6 min ago | 1.02 bp | 9.8 bp −$10 | 16.9 bp −$169 | 45.2 bp −$4,523 | 360.4 bp −$180.2K |
| Sell Bitget live order book, 5 min ago | 3.04 bp | 19.7 bp −$20 | 39.0 bp −$390 | 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 | 4.9200 | −0.283% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.681% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9435 | +0.193% | $717K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9227 | −0.228% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9340 | 0.000% | $10.1M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9290 | −0.101% | $4.2M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9330 | −0.020% | $5.4M | $16.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9300 | −0.081% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9330 | −0.020% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9265 | −0.152% | $947K | $810K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9360 | +0.041% | $2.9M | $3.1M | 50x | |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.9340 | long leg | — | $27.5M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.9212 | −0.260% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9110 | −0.466% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9270 | −0.142% | $90K | $348K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9263 | −0.155% | $4K | $197K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0113% | 4h | 4.9210 | −0.263% | $607K | $315K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9246 | −0.190% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2936% | 1h | 4.9453 | +0.228% | $66K | $39K | 25x | as long as short |
BingX ORDI-USDT
Bitget ORDIUSDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
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