Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX0.000%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now 0.000%, 7d avg +0.010%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.8930 | 0.0100 | pay 0.0050% / 4h | 1h 33m | — | $26.9M | — |
| Short | MEXC ORDI_USDT | 4.8930 | 0.0100 | get 0.0050% / 4h | 1h 33m | $6.5M | $3.3M | 200x |
BingX ORDI-USDT
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: 0.000% → +0.010%
- −$0.97
- Slippage, 4 orders
- −$14.35
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$25.32
- Costs to cover
- 0.244%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; MEXC: live order book, 4 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, 10 min ago | 1.02 bp | 7.9 bp −$8 | 14.7 bp −$147 | 40.4 bp −$4,038 | 391.5 bp −$195.8K |
| Sell MEXC live order book, 4 min ago | 1.02 bp | 4.2 bp −$4 | 18.0 bp −$180 | 45.0 bp −$4,502 | 97.9 bp −$48.9K |
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_ORDIUSD | −0.0544% | 1h | 4.8769 | −0.329% | $69K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0074% | 4h | 4.8890 | −0.082% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8830 | −0.204% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.908% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8980 | +0.102% | $706K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8915 | −0.031% | $3K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8923 | −0.015% | $10.0M | $34.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8880 | −0.102% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8880 | −0.102% | $5.2M | $18.2M | 20x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8930 | 0.000% | $6.5M | $3.3M | 200x |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8910 | −0.041% | $993K | $827K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8920 | −0.020% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8930 | long leg | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8916 | −0.028% | $26K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.123% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8830 | −0.204% | $85K | $438K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8903 | −0.056% | $7K | $155K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0119% | 4h | 4.8970 | +0.082% | $598K | $312K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.8940 | +0.020% | $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]