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: SunX against BingX−0.123%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1661.665% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.123%, 7d avg −0.110%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.8800 | 0.0100 | pay 0.0050% / 4h | 3h 58m | — | $2.3M | — |
| Short | SunX ORDI-USDT | 4.8740 | 0.0100 | get 0.0050% / 4h | 3h 58m | $1K | $1.2M | 20x |
BingX ORDI-USDC
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.123% → −0.110%
- −$1.25
- Slippage, 4 orders
- −$148.48
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$167.74
- Costs to cover
- 1.665%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; SunX: 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, 9 min ago | 1.03 bp | 18.0 bp −$18 | 89.4 bp −$894 | 458.8 bp −$45.9K | 547.2 bp −$273.6K |
| Sell SunX live order book, 5 min ago | 30.79 bp | 49.7 bp −$50 | doesn't fit | 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 | 4.8823 | +0.047% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.660% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0066% | 4h | 4.8870 | +0.143% | $601K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8876 | +0.156% | $709K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8831 | +0.064% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8830 | +0.061% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8830 | +0.061% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8790 | −0.020% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8830 | +0.061% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8820 | +0.041% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.8843 | +0.088% | $944K | $813K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8850 | +0.102% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.8800 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8788 | −0.024% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8740 | −0.123% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8800 | 0.000% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8822 | +0.044% | $5K | $168K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8799 | −0.002% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2968% | 1h | 4.8926 | +0.257% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD