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: Bitget against KuCoin+0.031%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$920.916% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.031%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.9125 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $963K | $869K | 50x |
| Short | Bitget ORDIUSDT | 4.9140 | 0.0100 | get 0.0050% / 4h | 1h 32m | $2.9M | $3.5M | 50x |
KuCoin ORDIUSDTM
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.031% → +0.016%
- $1.49
- Slippage, 4 orders
- −$67.61
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$90.13
- Costs to cover
- 0.916%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 22 min ago; Bitget: 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 KuCoin live order book, 22 min ago | 7.87 bp | 30.6 bp −$31 | 1004.8 bp −$10.0K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.05 bp | 14.2 bp −$14 | 35.1 bp −$351 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0349% | 1h | 4.9073 | −0.107% | $72K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9050 | −0.152% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.277% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9103 | −0.045% | $12K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9148 | +0.048% | $10.1M | $33.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9080 | −0.092% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9110 | −0.031% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9090 | −0.071% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9140 | +0.031% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.9125 | long leg | $963K | $869K | 50x |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9140 | +0.031% | $2.9M | $3.5M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9110 | −0.031% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8955 | −0.345% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9060 | −0.132% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9110 | −0.031% | $81K | $393K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9126 | +0.003% | $3K | $189K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0122% | 4h | 4.9070 | −0.112% | $612K | $306K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9111 | −0.029% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0285% | 1h | 4.9215 | +0.183% | $710K | $661K | 3x | 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]
Hyperliquid ORDI