Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against SunX+0.082%7-day average +0.173% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1381.379% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.082%, 7d avg +0.173%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.091% cheaper against SunX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.173%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8760 | 0.0100 | pay 0.0050% / 4h | 39m 49s | $1K | $1.2M | 20x |
| Short | MEXC ORDI_USDT | 4.8800 | 0.0100 | get 0.0050% / 4h | 39m 49s | $6.6M | $3.3M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. 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: +0.082% → +0.173%
- −$9.05
- Slippage, 4 orders
- −$129.86
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$146.91
- Costs to cover
- 1.379%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; MEXC: live order book, 3 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 SunX live order book, 3 min ago | 30.71 bp | 79.3 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.02 bp | 4.5 bp −$4 | 27.9 bp −$279 | 48.2 bp −$4,824 | 93.6 bp −$46.8K |
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 | −0.0304% | 1h | 4.8783 | +0.046% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0054% | 4h | 4.8770 | +0.021% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8815 | +0.113% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.583% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0048% | 4h | 4.8930 | +0.349% | $595K | $303K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8830 | +0.144% | $706K | $665K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8806 | +0.095% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8790 | +0.062% | $10.0M | $34.0M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8740 | −0.041% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8740 | −0.041% | $5.2M | $17.7M | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8800 | +0.082% | $6.6M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8802 | +0.086% | $984K | $786K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8750 | −0.021% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8770 | +0.021% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8910 | +0.309% | $26K | $33K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8760 | long leg | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8830 | +0.144% | $85K | $385K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8801 | +0.084% | $6K | $221K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8817 | +0.117% | $8K | — | 100x | as long as short |
SunX ORDI-USDT
MEXC ORDI_USDT
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-SWAP
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]