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: BingX against OKX−0.347%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days+0.213%+$21 · spread now −0.347%, 7d avg −0.101%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.246% cheaper against OKX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.101%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.9000 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $5.3M | $17.5M | 20x |
| Short | BingX ORDI-USDC | 4.8830 | 0.0100 | get 0.0050% / 4h | 1h 36m | — | $2.3M | — |
OKX ORDI-USDT-SWAP
BingX ORDI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: −0.347% → −0.101%
- −$24.62
- Slippage, 4 orders
- −$64.82
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.44
- Costs to cover
- 0.848%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; BingX: live order book, 11 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 OKX live order book, 2 min ago | 1.03 bp | 16.4 bp −$16 | 46.7 bp −$467 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 4.11 bp | 30.2 bp −$30 | 130.8 bp −$1,308 | 436.0 bp −$43.6K | 584.1 bp −$292.0K |
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 | −0.0351% | 1h | 4.8752 | −0.505% | $71K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8770 | −0.469% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.041% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8844 | −0.319% | $12K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9002 | +0.005% | $10.0M | $33.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8970 | −0.061% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.9000 | long leg | $5.3M | $17.5M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8840 | −0.327% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8930 | −0.143% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8837 | −0.333% | $952K | $866K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
Gate ORDI_USDT
MEXC 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 | 4.8930 | −0.143% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDCshort | +0.0100% | 4h | 4.8830 | −0.347% | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8950 | −0.101% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8750 | −0.510% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8770 | −0.469% | $81K | $393K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8896 | −0.212% | $3K | $195K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0123% | 4h | 4.8880 | −0.245% | $609K | $304K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8965 | −0.072% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0283% | 1h | 4.8977 | −0.047% | $707K | $661K | 3x | as long as short |
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI