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: Bitget against BingX+0.062%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$720.715% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now +0.062%, 7d avg +0.106%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.044% cheaper against BingX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.106%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.8680 | 0.0100 | pay 0.0050% / 4h | 1h 57m | — | $2.3M | — |
| Short | Bitget ORDIUSDT | 4.8710 | 0.0100 | get 0.0050% / 4h | 1h 57m | $2.9M | $3.5M | 50x |
BingX ORDI-USDC
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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: +0.062% → +0.106%
- −$4.42
- Slippage, 4 orders
- −$49.55
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$75.97
- Costs to cover
- 0.715%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 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 BingX live order book, 6 min ago | 1.02 bp | 19.8 bp −$20 | 101.4 bp −$1,014 | 451.9 bp −$45.2K | 536.7 bp −$268.4K |
| Sell Bitget live order book, 5 min ago | 4.09 bp | 16.5 bp −$17 | 31.1 bp −$311 | doesn't fit | doesn't fit |
ORDI on 18 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 | 4.8717 | +0.076% | $71K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8712 | +0.066% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.430% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8750 | +0.143% | $13K | $426K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8721 | +0.083% | $10.0M | $33.1M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8670 | −0.021% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8680 | 0.000% | $5.3M | $17.3M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8710 | +0.062% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8720 | +0.082% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8722 | +0.086% | $930K | $866K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8710 | +0.062% | $2.9M | $3.5M | 50x | |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.8680 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8861 | +0.373% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8830 | +0.308% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8790 | +0.226% | $79K | $382K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8713 | +0.069% | $3K | $192K | 5x | as long as short |
| Hyperliquid ORDI | +0.0117% | 1h | 4.8784 | +0.214% | $704K | $660K | 3x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8772 | +0.189% | $8K | — | 100x | as long as short |
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
Hyperliquid ORDI
GMX ORDI/USD [WBTC.b-USDC]