Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.094%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.094%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.064% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.8039 | 0.0100 | pay 0.0050% / 4h | 43m 23s | $9.6M | $32.6M | 50x |
| Short | KuCoin ORDIUSDTM | 4.7994 | 0.0100 | get 0.0050% / 4h | 43m 23s | $987K | $772K | 50x |
Binance ORDIUSDT
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.094% → −0.030%
- −$6.4
- Slippage, 4 orders
- −$55.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$83.81
- Costs to cover
- 0.774%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 44 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, 6 min ago | 1.05 bp | 10.0 bp −$10 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 7.85 bp | 25.4 bp −$25 | 579.1 bp −$5,791 | doesn't fit | doesn't fit |
ORDI on 19 exchanges
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 | −0.1238% | 1h | 4.7942 | −0.202% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.7933 | −0.221% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.182% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0056% | 4h | 4.7930 | −0.228% | $572K | $273K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8077 | +0.078% | $694K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8016 | −0.050% | $9K | $270K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.8039 | long leg | $9.6M | $32.6M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8000 | −0.082% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8040 | +0.001% | $4.9M | $17.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.7990 | −0.103% | $1.2M | $2.6M | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8030 | −0.019% | $6.7M | $2.8M | 200x | as long as short |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.7994 | −0.094% | $987K | $772K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8010 | −0.061% | $2.7M | $3.3M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8000 | −0.082% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.7833 | −0.430% | $25K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.7950 | −0.186% | $2K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.7950 | −0.186% | $83K | $345K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8011 | −0.058% | $3K | $223K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8001 | −0.080% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]