Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against MEXC+0.267%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days−0.369%−$37 · spread now +0.267%, 7d avg −0.101%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.368% dearer against MEXC than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of −0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8750 | 0.0100 | pay 0.0050% / 4h | 39m 39s | $6.6M | $3.3M | 200x |
| Short | BingX ORDI-USDC | 4.8880 | 0.0100 | get 0.0050% / 4h | 39m 39s | — | $2.3M | — |
MEXC ORDI_USDT
BingX ORDI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.267% → −0.101%
- $36.75
- Slippage, 4 orders
- −$42.51
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$15.76
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 8 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, 3 min ago | 1.02 bp | 4.5 bp −$4 | 14.4 bp −$144 | 57.5 bp −$5,754 | 113.4 bp −$56.7K |
| Sell BingX live order book, 8 min ago | 2.04 bp | 26.8 bp −$27 | 128.7 bp −$1,287 | 450.2 bp −$45.0K | 658.8 bp −$329.4K |
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 | −0.0304% | 1h | 4.8783 | +0.067% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0058% | 4h | 4.8730 | −0.041% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8770 | +0.042% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.564% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0048% | 4h | 4.8930 | +0.369% | $595K | $303K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8830 | +0.164% | $706K | $665K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8746 | −0.008% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8740 | −0.021% | $10.0M | $34.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8680 | −0.144% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8700 | −0.103% | $5.2M | $17.7M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8750 | long leg | $6.6M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8788 | +0.078% | $986K | $786K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8720 | −0.062% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDCshort | +0.0100% | 4h | 4.8880 | +0.267% | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8910 | +0.329% | $26K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8760 | +0.021% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8830 | +0.164% | $85K | $385K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8727 | −0.047% | $6K | $221K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8817 | +0.137% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]