Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.063%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$730.727% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now −0.063%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.068% 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 +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.9051 | 0.0100 | pay 0.0050% / 4h | 45m 43s | $941K | $819K | 50x |
| Short | OKX ORDI-USDT-SWAP | 4.9020 | 0.0100 | get 0.0050% / 4h | 45m 43s | $5.3M | $16.6M | 20x |
KuCoin ORDIUSDTM
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.063% → +0.005%
- −$6.79
- Slippage, 4 orders
- −$50.67
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.47
- Costs to cover
- 0.727%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 24 min ago; OKX: 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, 24 min ago | 6.76 bp | 31.0 bp −$31 | 911.3 bp −$9,113 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.02 bp | 10.2 bp −$10 | 43.4 bp −$434 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8989 | −0.127% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.137% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0043% | 4h | 4.9040 | −0.022% | $610K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9123 | +0.147% | $713K | $650K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9086 | +0.071% | $4K | $419K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9060 | +0.018% | $10.1M | $31.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9040 | −0.022% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.9020 | −0.063% | $5.3M | $16.6M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9020 | −0.063% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9060 | +0.018% | $7.1M | $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
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.9051 | long leg | $941K | $819K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9050 | −0.002% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9030 | −0.043% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9029 | −0.045% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8960 | −0.186% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9030 | −0.043% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9050 | −0.001% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9084 | +0.067% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3009% | 1h | 4.9249 | +0.403% | $66K | $43K | 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