Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against BingX+0.041%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$450.453% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.041%, 7d avg +0.043%
=The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.8690 | 0.0100 | pay 0.0050% / 4h | 2h 22m | — | $24.4M | — |
| Short | BloFin ORDI-USDT | 4.8710 | 0.0113 | get 0.0057% / 4h | 2h 22m | $601K | $300K | 75x |
BingX ORDI-USDT
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.81
- Price spread: +0.041% → +0.043%
- −$0.15
- Slippage, 4 orders
- −$23.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$42.62
- Costs to cover
- 0.453%
- Break-even
- 113.3 days
Slippage from BingX: live order book, 11 min ago; BloFin: live order book, 63 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, 11 min ago | 1.03 bp | 6.3 bp −$6 | 14.2 bp −$142 | 31.4 bp −$3,143 | 347.6 bp −$173.8K |
| Sell BloFin live order book, 63 min ago | 2.05 bp | 9.8 bp −$10 | 31.6 bp −$316 | 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 | 4.8719 | +0.060% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.449% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8737 | +0.097% | $710K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8707 | +0.034% | $4K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8710 | +0.041% | $9.9M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8670 | −0.041% | $4.2M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8700 | +0.021% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8680 | −0.021% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8720 | +0.062% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8709 | +0.039% | $931K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance 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 | 4.8700 | +0.021% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8690 | long leg | — | $24.4M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8673 | −0.034% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8630 | −0.123% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8680 | −0.021% | $89K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8703 | +0.028% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDTshort | +0.0113% | 4h | 4.8710 | +0.041% | $601K | $300K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8690 | +0.001% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2492% | 1h | 4.8834 | +0.296% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD