Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against MEXC−0.283%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.283% cheaper against MEXC than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9410 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $6.7M | $3.3M | 200x |
| Short | dYdX ORDI-USD | 4.9270 | 0 | get 0.0000% / 1h | 25m 01s | $34K | $577 | 5x |
MEXC ORDI_USDT
dYdX ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.283% → 0.000%
- −$28.3
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$59.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 3 min ago; dYdX: no order-book sample. Net counts fees only.
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 | 1.01 bp | 2.7 bp −$3 | 28.8 bp −$288 | 54.8 bp −$5,484 | 98.9 bp −$49.4K |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0568% | 1h | 4.9361 | −0.100% | $72K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0512% | 4h | 4.9330 | −0.162% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USDshort | 0.0000% | 1h | 4.9270 | −0.283% | $34K | $577 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.812% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0050% | 4h | 4.9430 | +0.040% | $609K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9473 | +0.128% | $713K | $662K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9418 | +0.016% | $10K | $426K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9399 | −0.022% | $10.1M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9330 | −0.162% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9340 | −0.142% | $5.3M | $17.8M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
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 | 4.9410 | long leg | $6.7M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9423 | +0.026% | $978K | $841K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9400 | −0.020% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9260 | −0.304% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9216 | −0.393% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9330 | −0.162% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9390 | −0.040% | $83K | $411K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9420 | +0.020% | $4K | $184K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9403 | −0.014% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]