Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.068%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.287%−$29 · spread now −0.068%, 7d avg −0.036%
=Together, before fees−0.281%+ Points / potential airdropExtended: Active · farm board−$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.032% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8810 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $6.6M | $3.2M | 200x |
| Short | Extended ORDI-USD | 4.8777 | 0.0104 | get 0.0013% / 1h | 45m 07s | $2K | $218K | 5x |
MEXC ORDI_USDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.068% → −0.036%
- −$3.24
- Slippage, 4 orders
- −$39.71
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$47.11
- Costs to cover
- 0.447%
- Break-even
- 399.6 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 51 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 | 15.0 bp −$150 | 51.5 bp −$5,154 | 101.2 bp −$50.6K |
| Sell Extended live order book, 51 min ago | 3.60 bp | 18.2 bp −$18 | 133.1 bp −$1,331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0449% | 1h | 4.8745 | −0.134% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8742 | −0.140% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.679% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8868 | +0.119% | $704K | $668K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8826 | +0.033% | $10K | $347K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8832 | +0.045% | $9.9M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8770 | −0.082% | $4.1M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8770 | −0.082% | $5.2M | $17.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8790 | −0.041% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8810 | long leg | $6.6M | $3.2M | 200x |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8812 | +0.004% | $1.0M | $792K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8810 | 0.000% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8810 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8747 | −0.129% | $26K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.143% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.143% | $85K | $338K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8777 | −0.068% | $2K | $218K | 5x | |
| BloFin ORDI-USDT | +0.0151% | 4h | 4.8810 | 0.000% | $592K | $306K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8769 | −0.084% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]