Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against MEXC0.000%94s7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.336% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 3 days (all we have)+0.045%+$4 · spread now 0.000%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8660 | 0.0100 | pay 0.0050% / 4h | 23m 40s | $7.0M | $3.3M | 200x |
| Short | BloFin ORDI-USDT | 4.8660 | 0.0160 | get 0.0080% / 4h | 23m 40s | $608K | $308K | 75x |
MEXC ORDI_USDT
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $12.6
- Price spread: 0.000% → +0.018%
- −$1.75
- Slippage, 4 orders
- −$21.59
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$22.74
- Costs to cover
- 0.336%
- Break-even
- 19.6 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 53 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, 4 min ago | 1.03 bp | 4.6 bp −$5 | 10.3 bp −$103 | 44.6 bp −$4,459 | 98.9 bp −$49.5K |
| Sell BloFin live order book, 53 min ago | 1.03 bp | 10.4 bp −$10 | 31.7 bp −$317 | 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 | 4.8627 | −0.068% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.391% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8693 | +0.068% | $707K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8645 | −0.030% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8630 | −0.062% | $10.0M | $31.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8610 | −0.103% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8600 | −0.123% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8600 | −0.123% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8660 | long leg | $7.0M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8623 | −0.076% | $933K | $810K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance 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 | 4.8610 | −0.103% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8610 | −0.103% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8664 | +0.009% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8550 | −0.226% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8590 | −0.144% | $88K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8641 | −0.039% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDTshort | +0.0160% | 4h | 4.8660 | 0.000% | $608K | $308K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8599 | −0.125% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3040% | 1h | 4.8744 | +0.173% | $65K | $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