Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.007%−$1 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORDI-USDT4.87600.0100pay 0.0050% / 4h39m 49s$1K$1.2M20x
ShortMEXC ORDI_USDT4.88000.0100get 0.0050% / 4h39m 49s$6.6M$3.3M200x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 3 min ago30.71 bp79.3 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.02 bp4.5 bp −$427.9 bp −$27948.2 bp −$4,82493.6 bp −$46.8K

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0304%1h4.8783+0.046%$69K$43K25xas long as short
Gate ORDI_USDT−0.0054%4h4.8770+0.021%$1.2M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.8815+0.113%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.583%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0048%4h4.8930+0.349%$595K$303K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8830+0.144%$706K$665K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8806+0.095%$4K$418K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8790+0.062%$10.0M$34.0M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8740−0.041%$4.1M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8740−0.041%$5.2M$17.7M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDTshort+0.0100%4h4.8800+0.082%$6.6M$3.3M200x
KuCoin ORDIUSDTM+0.0100%4h4.8802+0.086%$984K$786K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8750−0.021%$2.8M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8770+0.021%$26.9Mas long as short
Variational Omni ORDI+0.0100%4h4.8910+0.309%$26K$33Kas long as short
SunX ORDI-USDTlong+0.0100%4h4.8760long leg$1K$1.2M20x
HTX ORDI-USDT+0.0100%4h4.8830+0.144%$85K$385K75xas long as short
Extended ORDI-USD+0.0104%1h4.8801+0.084%$6K$221K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8817+0.117%$8K100xas long as short