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: Bybit against BingX−0.061%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$580.578% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.061% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.8890 | 0.0100 | pay 0.0050% / 4h | 17m 12s | — | $27.0M | — |
| Short | Bybit ORDIUSDT | 4.8860 | 0.0100 | get 0.0050% / 4h | 17m 12s | $4.2M | $4.6M | 50x |
BingX ORDI-USDT
Bybit ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.061% → 0.000%
- −$6.14
- Slippage, 4 orders
- −$36.79
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.92
- Costs to cover
- 0.578%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bybit: live order book, 1 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 | 8.1 bp −$8 | 11.6 bp −$116 | 32.3 bp −$3,230 | 379.0 bp −$189.5K |
| Sell Bybit live order book, 1 min ago | 1.02 bp | 24.0 bp −$24 | 74.6 bp −$746 | 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 | −0.0372% | 1h | 4.8871 | −0.039% | $72K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8836 | −0.110% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.832% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8901 | +0.023% | $14K | $428K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8936 | +0.093% | $10.0M | $33.6M | 50x | as long as short |
| Bybit ORDIUSDTshort | +0.0100% | 4h | 4.8860 | −0.061% | $4.2M | $4.6M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8900 | +0.020% | $5.2M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8860 | −0.061% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8920 | +0.061% | $6.9M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8881 | −0.018% | $975K | $867K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8910 | +0.041% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8890 | long leg | — | $27.0M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8791 | −0.203% | $24K | $53K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8860 | −0.061% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.041% | $81K | $403K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8906 | +0.034% | $2K | $183K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0142% | 4h | 4.8940 | +0.102% | $603K | $305K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8900 | +0.021% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0359% | 1h | 4.8995 | +0.215% | $705K | $660K | 3x | as long as short |
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI