Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.050%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.050%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.023% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 5.0100 | 0.0100 | pay 0.0050% / 4h | 3h 04m | $7.2M | $3.4M | 200x |
| Short | KuCoin ORDIUSDTM | 5.0075 | 0.0100 | get 0.0050% / 4h | 3h 04m | $946K | $828K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.050% → −0.027%
- −$2.34
- Slippage, 4 orders
- −$49.86
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$64.2
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 60 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 | 1.00 bp | 3.7 bp −$4 | 17.7 bp −$177 | 57.9 bp −$5,785 | 110.7 bp −$55.4K |
| Sell KuCoin live order book, 60 min ago | 6.05 bp | 23.4 bp −$23 | 567.9 bp −$5,679 | 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 | 5.0041 | −0.118% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −9.082% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 5.0134 | +0.068% | $726K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 5.0054 | −0.091% | $3K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 5.0076 | −0.048% | $10.3M | $31.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 5.0050 | −0.100% | $4.3M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 5.0060 | −0.080% | $5.5M | $17.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 5.0040 | −0.120% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 5.0100 | long leg | $7.2M | $3.4M | 200x | |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 5.0075 | −0.050% | $946K | $828K | 50x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 5.0080 | −0.040% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 5.0070 | −0.060% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9621 | −0.956% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9780 | −0.639% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9850 | −0.499% | $91K | $351K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 5.0098 | −0.005% | $4K | $192K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0124% | 4h | 4.9930 | −0.339% | $620K | $318K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9894 | −0.412% | $9K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2898% | 1h | 5.0098 | −0.004% | $67K | $40K | 25x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD