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: MEXC against Bybit+0.143%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days−0.151%−$15 · spread now +0.143%, 7d avg +0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.120% dearer against Bybit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDIUSDT | 4.8930 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $4.2M | $4.6M | 50x |
| Short | MEXC ORDI_USDT | 4.9000 | 0.0100 | get 0.0050% / 4h | 2h 21m | $7.1M | $3.5M | 200x |
Bybit ORDIUSDT
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Bybit. 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: +0.143% → +0.023%
- $12
- Slippage, 4 orders
- −$37.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$36.68
- Costs to cover
- 0.487%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; MEXC: live order book, 1 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 Bybit live order book, 1 min ago | 2.04 bp | 22.9 bp −$23 | 73.2 bp −$732 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.02 bp | 3.8 bp −$4 | 24.3 bp −$243 | 53.0 bp −$5,300 | 98.7 bp −$49.3K |
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 | 4.8967 | +0.075% | $34K | $651 | 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 | 4.9067 | +0.280% | $708K | $660K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9037 | +0.218% | $8K | $426K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9000 | +0.143% | $10.1M | $33.2M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.8930 | long leg | $4.2M | $4.6M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8960 | +0.061% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8960 | +0.061% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.9000 | +0.143% | $7.1M | $3.5M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9008 | +0.159% | $934K | $875K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
KuCoin ORDIUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8970 | +0.082% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9030 | +0.204% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9202 | +0.556% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8970 | +0.082% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9030 | +0.204% | $79K | $383K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8994 | +0.132% | $3K | $197K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9069 | +0.284% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3055% | 1h | 4.8949 | +0.039% | $72K | $47K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD