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: Bitget against Binance+0.003%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now +0.003%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.8098 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $9.8M | $34.3M | 50x |
| Short | Bitget ORDIUSDT | 4.8100 | 0.0100 | get 0.0050% / 4h | 2h 28m | $2.8M | $3.5M | 50x |
Binance ORDIUSDT
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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: +0.003% → −0.002%
- $0.49
- Slippage, 4 orders
- −$35.7
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.21
- Costs to cover
- 0.577%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 5 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 Binance live order book, 14 min ago | 1.03 bp | 12.1 bp −$12 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.10 bp | 16.1 bp −$16 | 42.1 bp −$421 | 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 | −0.0724% | 1h | 4.8172 | +0.153% | $68K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0160% | 4h | 4.8190 | +0.190% | $1.2M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8272 | +0.361% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.298% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8230 | +0.273% | $696K | $666K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8149 | +0.104% | $7K | $428K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.8098 | long leg | $9.8M | $34.3M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8070 | −0.059% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8080 | −0.038% | $5.2M | $17.8M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8100 | +0.003% | $6.4M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8115 | +0.034% | $953K | $824K | 50x | as long as short |
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8100 | +0.003% | $2.8M | $3.5M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8090 | −0.018% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8268 | +0.351% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8160 | +0.128% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8180 | +0.169% | $84K | $431K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8126 | +0.058% | $2K | $180K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0143% | 4h | 4.8380 | +0.585% | $595K | $305K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8195 | +0.201% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]