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: MEXC against BingX−0.082%7-day average +0.102% · 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−$82as in the Price arb table
costs, in and out, $10k−$640.637% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 7 days+0.184%+$18 · spread now −0.082%, 7d avg +0.102%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.184% cheaper against BingX than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.102%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.8810 | 0.0100 | pay 0.0050% / 4h | 2h 47m | — | $2.3M | — |
| Short | MEXC ORDI_USDT | 4.8770 | 0.0100 | get 0.0050% / 4h | 2h 47m | $6.5M | $3.3M | 200x |
BingX ORDI-USDC
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.082% → +0.102%
- −$18.37
- Slippage, 4 orders
- −$53.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$82.11
- Costs to cover
- 0.637%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; MEXC: 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, 5 min ago | 1.02 bp | 25.7 bp −$26 | 120.1 bp −$1,201 | 465.2 bp −$46.5K | 560.0 bp −$280.0K |
| Sell MEXC live order book, 5 min ago | 2.05 bp | 5.9 bp −$6 | 17.4 bp −$174 | 45.9 bp −$4,588 | 96.1 bp −$48.0K |
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 | −0.0716% | 1h | 4.8754 | −0.115% | $69K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0346% | 4h | 4.8740 | −0.143% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8762 | −0.099% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.679% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0041% | 4h | 4.8790 | −0.041% | $597K | $299K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8828 | +0.037% | $705K | $665K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8770 | −0.081% | $7K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8759 | −0.104% | $9.9M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8730 | −0.164% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8710 | −0.205% | $5.2M | $17.7M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8770 | −0.082% | $6.5M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8776 | −0.070% | $973K | $821K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8780 | −0.061% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.8810 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8806 | −0.007% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8780 | −0.061% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8810 | 0.000% | $85K | $426K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8784 | −0.054% | $2K | $182K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8813 | +0.006% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]