Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.158%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.158%, 7d avg −0.030%
=Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.129% cheaper against Extended than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8847 | 0.0104 | pay 0.0013% / 1h | 1m 56s | $5K | $172K | 5x |
| Short | BingX ORDI-USDC | 4.8770 | 0.0100 | get 0.0050% / 4h | 1m 56s | — | $2.3M | — |
Extended ORDI-USD
BingX ORDI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$0.84
- Price spread: −0.158% → −0.030%
- −$12.88
- Slippage, 4 orders
- −$53.94
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$82.66
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from Extended: live order book, 9 min ago; BingX: live order book, 6 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 Extended live order book, 9 min ago | 2.06 bp | 16.1 bp −$16 | 161.0 bp −$1,610 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 1.03 bp | 19.3 bp −$19 | 82.1 bp −$821 | 430.0 bp −$43.0K | 570.9 bp −$285.4K |
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 | 4.8724 | −0.253% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.750% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0088% | 4h | 4.8780 | −0.138% | $601K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8933 | +0.175% | $710K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8826 | −0.044% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8850 | +0.005% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8820 | −0.056% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8810 | −0.077% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8790 | −0.118% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8850 | +0.005% | $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 | 4.8817 | −0.062% | $943K | $812K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8840 | −0.015% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDCshort | +0.0100% | 4h | 4.8770 | −0.158% | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8528 | −0.653% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.220% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8770 | −0.158% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8847 | long leg | $5K | $172K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8789 | −0.120% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3029% | 1h | 4.8912 | +0.131% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD