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: Binance against MEXC0.000%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now 0.000%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9180 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $7.0M | $3.3M | 200x |
| Short | Binance ORDIUSDT | 4.9180 | 0.0100 | get 0.0050% / 4h | 1h 31m | $10.1M | $33.4M | 50x |
MEXC ORDI_USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: 0.000% → +0.005%
- −$0.46
- Slippage, 4 orders
- −$22.38
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$32.84
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 10 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 MEXC live order book, 2 min ago | 1.02 bp | 4.0 bp −$4 | 14.1 bp −$141 | 53.8 bp −$5,379 | 112.1 bp −$56.0K |
| Sell Binance live order book, 10 min ago | 1.02 bp | 13.2 bp −$13 | 33.3 bp −$333 | 316.3 bp −$31.6K | 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 | −0.0348% | 1h | 4.9137 | −0.086% | $72K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9090 | −0.183% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.381% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9140 | −0.081% | $12K | $427K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.9180 | 0.000% | $10.1M | $33.4M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9140 | −0.081% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9160 | −0.041% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9130 | −0.102% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.9180 | long leg | $7.0M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9152 | −0.057% | $963K | $869K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9170 | −0.020% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9160 | −0.041% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8955 | −0.457% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9130 | −0.102% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9110 | −0.142% | $81K | $393K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9193 | +0.027% | $3K | $189K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0128% | 4h | 4.9170 | −0.020% | $612K | $306K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9133 | −0.096% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0278% | 1h | 4.9232 | +0.106% | $710K | $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