ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.015%

Price spread now: MEXC against BloFin−0.021%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$340.336% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.021%, 7d avg −0.018%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ORDI-USDT	4.8670	0.0089	pay 0.0045% / 4h	22m 51s	$608K	$308K	75x
Short	MEXC ORDI_USDT	4.8660	0.0100	get 0.0050% / 4h	22m 51s	$7.0M	$3.3M	200x

Funding history

latest

Range statsloading…

MEXC against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.021%Rate

Slippage from BloFin: live order book, 53 min ago; MEXC: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 53 min ago	1.03 bp	15.4 bp −$15	44.2 bp −$442	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	1.03 bp	3.2 bp −$3	11.5 bp −$115	46.6 bp −$4,658	101.3 bp −$50.6K

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	4.8627	−0.089%	$33K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−6.411%	$776	$20K	5.5x	as long as short
BloFin ORDI-USDTlong	+0.0089%	4h	4.8670	long leg	$608K	$308K	75x
Hyperliquid ORDI	+0.0100%	1h	4.8725	+0.113%	$708K	$651K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.8654	−0.034%	$4K	$418K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.8661	−0.018%	$10.0M	$31.3M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.8590	−0.164%	$4.1M	$4.2M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.8620	−0.103%	$5.3M	$16.5M	20x	as long as short
Gate ORDI_USDT	+0.0100%	4h	4.8620	−0.103%	$1.3M	$2.8M	50x	as long as short
MEXC ORDI_USDTshort	+0.0100%	4h	4.8660	−0.021%	$7.0M	$3.3M	200x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ORDIUSDTM	+0.0100%	4h	4.8630	−0.082%	$933K	$810K	50x	as long as short
Bitget ORDIUSDT	+0.0100%	4h	4.8670	0.000%	$2.9M	$3.0M	50x	as long as short
BingX ORDI-USDC	+0.0100%	4h	4.8640	−0.062%	—	$2.3M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	4.8664	−0.011%	$24K	$56K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	4.8550	−0.247%	$2K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	4.8590	−0.164%	$88K	$355K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	4.8652	−0.037%	$5K	$172K	5x	as long as short
GMX ORDI/USD [WBTC.b-USDC]	L +0.0239% / S −0.3359%	1h	4.8606	−0.132%	$8K	—	100x	as long as short
Kraken Futures PF_ORDIUSD	+0.3035%	1h	4.8821	+0.309%	$66K	$43K	25x	as long as short