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 KuCoin−0.037%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$690.693% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.014%+$1 · spread now −0.037%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.066% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.9068 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $962K | $869K | 50x |
| Short | MEXC ORDI_USDT | 4.9050 | 0.0100 | get 0.0050% / 4h | 1h 29m | $7.0M | $3.3M | 200x |
KuCoin ORDIUSDTM
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.037% → +0.029%
- −$6.57
- Slippage, 4 orders
- −$57.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$75.88
- Costs to cover
- 0.693%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 25 min ago; MEXC: live order book, 3 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, 25 min ago | 7.87 bp | 30.6 bp −$31 | 1004.8 bp −$10.0K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.02 bp | 4.0 bp −$4 | 24.5 bp −$245 | 49.2 bp −$4,916 | 101.9 bp −$51.0K |
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 | 4.9008 | −0.121% | $72K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9090 | +0.045% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.170% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9046 | −0.044% | $12K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9063 | −0.011% | $10.0M | $33.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9030 | −0.077% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9040 | −0.057% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9050 | −0.037% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.9050 | −0.037% | $7.0M | $3.3M | 200x | |
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.9068 | long leg | $962K | $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_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9050 | −0.037% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9050 | −0.037% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9130 | +0.126% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9050 | −0.037% | $974 | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9060 | −0.016% | $81K | $393K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9053 | −0.030% | $3K | $189K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0128% | 4h | 4.9170 | +0.208% | $612K | $306K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9063 | −0.011% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0253% | 1h | 4.9130 | +0.126% | $709K | $661K | 3x | as long as short |
Bitget ORDIUSDT
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