Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against MEXC−0.083%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 7 days+0.099%+$10 · spread now −0.083%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.061% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8360 | 0.0100 | pay 0.0050% / 4h | 46m 49s | $6.8M | $3.4M | 200x |
| Short | Gate ORDI_USDT | 4.8320 | 0.0100 | get 0.0050% / 4h | 46m 49s | $1.2M | $2.7M | 50x |
MEXC ORDI_USDT
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.083% → −0.022%
- −$6.11
- Slippage, 4 orders
- −$42.04
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.15
- Costs to cover
- 0.570%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 1.03 bp | 4.1 bp −$4 | 16.6 bp −$166 | 57.0 bp −$5,704 | 97.5 bp −$48.7K |
| Sell Gate live order book, 1 min ago | 3.10 bp | 18.1 bp −$18 | 73.1 bp −$731 | 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 | −0.0375% | 1h | 4.8369 | +0.019% | $71K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8346 | −0.028% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.811% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8383 | +0.048% | $14K | $428K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8350 | −0.021% | $9.9M | $33.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8300 | −0.124% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8290 | −0.145% | $5.2M | $17.3M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8320 | −0.083% | $1.2M | $2.7M | 50x | |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8360 | long leg | $6.8M | $3.4M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8364 | +0.008% | $967K | $876K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8340 | −0.041% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8310 | −0.103% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8337 | −0.049% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8360 | 0.000% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8390 | +0.062% | $82K | $401K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8357 | −0.006% | $2K | $188K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0116% | 4h | 4.8430 | +0.145% | $602K | $303K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8385 | +0.053% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0466% | 1h | 4.8475 | +0.238% | $698K | $660K | 3x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI