Funding you earn now, next payment 06:00 UTC−0.0811%/8h= −88.8% APRpaid last 24h +0.198%
Price spread now: Kraken Futures against BingX−0.019%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.743%−$74 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$24 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 | 4.9090 | 0.0100 | pay 0.0050% / 4h | 2h 13m | — | $26.9M | — |
| Short | Kraken Futures PF_ORDIUSD | 4.9081 | −0.0711 | pay 0.0089% / 1h | 13m 12s | $70K | $47K | 25x |
BingX ORDI-USDT
Kraken Futures PF_ORDIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$170.3
- Price spread: −0.019% → 0.000%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$192.18
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 11 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 | 8.1 bp −$8 | 13.8 bp −$138 | 39.9 bp −$3,986 | 351.7 bp −$175.8K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_ORDIUSDshort | −0.0711% | 1h | 4.9081 | −0.019% | $70K | $47K | 25x | |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9030 | −0.121% | $34K | $577 | 5x | as long as short |
| Gate ORDI_USDT | +0.0004% | 4h | 4.9060 | −0.061% | $1.3M | $2.8M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.211% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9169 | +0.161% | $709K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9078 | −0.025% | $6K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9133 | +0.087% | $10.0M | $34.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9110 | +0.041% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9160 | +0.143% | $5.3M | $18.3M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9120 | +0.061% | $6.5M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Gate ORDI_USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance 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 ORDIUSDTM | +0.0100% | 4h | 4.9099 | +0.018% | $991K | $830K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9110 | +0.041% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.9090 | long leg | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8947 | −0.291% | $28K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9040 | −0.102% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9040 | −0.102% | $85K | $440K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9104 | +0.028% | $2K | $179K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0130% | 4h | 4.9190 | +0.204% | $593K | $315K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9078 | −0.025% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]