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: KuCoin against BingX−0.055%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.055%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.050% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.8890 | 0.0100 | pay 0.0050% / 4h | 2h 01m | — | $27.1M | — |
| Short | KuCoin ORDIUSDTM | 4.8863 | 0.0100 | get 0.0050% / 4h | 2h 01m | $933K | $867K | 50x |
BingX ORDI-USDT
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.055% → −0.006%
- −$4.96
- Slippage, 4 orders
- −$59.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$86.2
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; KuCoin: live order book, 58 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, 7 min ago | 1.02 bp | 6.8 bp −$7 | 11.9 bp −$119 | 37.3 bp −$3,725 | 382.0 bp −$191.0K |
| Sell KuCoin live order book, 58 min ago | 8.65 bp | 27.2 bp −$27 | 555.8 bp −$5,558 | doesn't fit | doesn't fit |
ORDI on 18 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 | 4.8839 | −0.104% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.832% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8895 | +0.010% | $13K | $426K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8898 | +0.017% | $10.0M | $33.1M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8860 | −0.061% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8860 | −0.061% | $5.3M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8870 | −0.041% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8880 | −0.020% | $7.0M | $3.5M | 200x | as long as short |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.8863 | −0.055% | $933K | $867K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8890 | 0.000% | $2.9M | $3.5M | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
Bitget ORDIUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8890 | long leg | — | $27.1M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8861 | −0.058% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.041% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8820 | −0.143% | $79K | $382K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8877 | −0.026% | $3K | $194K | 5x | as long as short |
| Hyperliquid ORDI | +0.0176% | 1h | 4.8978 | +0.180% | $706K | $660K | 3x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8895 | +0.010% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3061% | 1h | 4.8852 | −0.078% | $72K | $46K | 25x | as long as short |
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
Hyperliquid ORDI
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD