Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.041%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days+0.070%+$7 · spread now −0.041%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.039% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.8540 | 0.0100 | pay 0.0050% / 4h | 2h 29m | $2.8M | $2.9M | 50x |
| Short | MEXC ORDI_USDT | 4.8520 | 0.0100 | get 0.0050% / 4h | 2h 29m | $7.1M | $3.3M | 200x |
Bitget ORDIUSDT
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bitget. 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: −0.041% → −0.002%
- −$3.9
- Slippage, 4 orders
- −$26.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$42.81
- Costs to cover
- 0.389%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; MEXC: live order book, 3 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 Bitget live order book, 3 min ago | 3.10 bp | 17.3 bp −$17 | 36.6 bp −$366 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.03 bp | 4.0 bp −$4 | 11.1 bp −$111 | 49.8 bp −$4,975 | 108.0 bp −$54.0K |
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 | 4.8393 | −0.303% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.160% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0084% | 4h | 4.8440 | −0.206% | $1.2M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8610 | +0.144% | $708K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8473 | −0.137% | $4K | $414K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8538 | −0.005% | $9.9M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8480 | −0.124% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8510 | −0.062% | $5.3M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8520 | −0.041% | $7.1M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8452 | −0.181% | $926K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTlong | +0.0100% | 4h | 4.8540 | long leg | $2.8M | $2.9M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8460 | −0.165% | — | $24.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8393 | −0.303% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.391% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8440 | −0.206% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8486 | −0.112% | $4K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.8490 | −0.103% | $602K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8510 | −0.063% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2500% | 1h | 4.8673 | +0.273% | $66K | $42K | 25x | as long as short |
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD