Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.005%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now +0.005%, 7d avg +0.036%
=Together, before fees+0.121%+ Points / potential airdropExtended: Active · farm board+$12 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: MEXC is 0.031% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8268 | 0.0104 | pay 0.0013% / 1h | 19m 23s | $7K | $224K | 5x |
| Short | MEXC ORDI_USDT | 4.8270 | 0.0100 | get 0.0050% / 4h | 2h 19m | $6.8M | $3.2M | 200x |
Extended ORDI-USD
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.005% → +0.036%
- −$3.06
- Slippage, 4 orders
- −$38.38
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$47.27
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Extended: live order book, 30 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 Extended live order book, 30 min ago | 3.43 bp | 17.2 bp −$17 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.03 bp | 4.3 bp −$4 | 16.8 bp −$168 | 54.5 bp −$5,452 | 100.2 bp −$50.1K |
ORDI on 19 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0424% | 1h | 4.8213 | −0.113% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8265 | −0.006% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.630% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8339 | +0.148% | $697K | $640K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8280 | +0.026% | $10K | $279K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8282 | +0.030% | $9.8M | $32.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8260 | −0.016% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8270 | +0.005% | $5.1M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8270 | +0.005% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8270 | +0.005% | $6.8M | $3.2M | 200x |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8270 | +0.005% | $1.0M | $758K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8270 | +0.005% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8280 | +0.026% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8275 | +0.016% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8230 | −0.078% | $1K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8240 | −0.057% | $84K | $348K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8268 | long leg | $7K | $224K | 5x | |
| BloFin ORDI-USDT | +0.0152% | 4h | 4.8370 | +0.212% | $587K | $293K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8264 | −0.008% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]