Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against BingX−0.096%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$510.508% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.096% cheaper against BingX than usual: you would sell low and buy high, −$10 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 | 4.8150 | 0.0100 | pay 0.0050% / 4h | 25m 12s | — | $36.2M | — |
| Short | Extended ORDI-USD | 4.8104 | 0.0104 | get 0.0013% / 1h | 25m 12s | $4K | $227K | 5x |
BingX ORDI-USDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.096% → 0.000%
- −$9.58
- Slippage, 4 orders
- −$35.81
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$59.55
- Costs to cover
- 0.508%
- Break-even
- 503.2 days
Slippage from BingX: live order book, 2 min ago; Extended: live order book, 14 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, 2 min ago | 3.11 bp | 9.6 bp −$10 | 13.8 bp −$138 | 24.8 bp −$2,478 | 310.7 bp −$155.4K |
| Sell Extended live order book, 14 min ago | 2.29 bp | 16.8 bp −$17 | 164.8 bp −$1,648 | 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 | −0.1235% | 1h | 4.8039 | −0.230% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8131 | −0.039% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.400% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0061% | 4h | 4.8170 | +0.042% | $574K | $210K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8195 | +0.093% | $695K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8173 | +0.048% | $6K | $266K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8140 | −0.021% | $9.7M | $32.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8100 | −0.104% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8110 | −0.083% | $4.9M | $17.7M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8130 | −0.042% | $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
Binance 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 | 4.8140 | −0.021% | $6.9M | $2.8M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8161 | +0.023% | $991K | $771K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8100 | −0.104% | $2.7M | $3.3M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8150 | long leg | — | $36.2M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8152 | +0.004% | $25K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8110 | −0.083% | $2K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8130 | −0.042% | $83K | $347K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8104 | −0.096% | $4K | $227K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8096 | −0.113% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]