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: SunX against BingX−0.143%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1891.892% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.077%+$8 · spread now −0.143%, 7d avg −0.110%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.033% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.8970 | 0.0100 | pay 0.0050% / 4h | 1h 14m | — | $2.3M | — |
| Short | SunX ORDI-USDT | 4.8900 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1K | $1.2M | 20x |
BingX ORDI-USDC
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.143% → −0.110%
- −$3.3
- Slippage, 4 orders
- −$171.18
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$192.47
- Costs to cover
- 1.892%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago | 2.04 bp | 25.8 bp −$26 | 120.5 bp −$1,205 | 470.2 bp −$47.0K | 745.7 bp −$372.8K |
| Sell SunX live order book, 9 min ago | 31.67 bp | 58.0 bp −$58 | doesn't fit | 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 | −0.0542% | 1h | 4.8939 | −0.063% | $70K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0076% | 4h | 4.8950 | −0.041% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8945 | −0.051% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.984% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9016 | +0.094% | $707K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8965 | −0.010% | $4K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8960 | −0.020% | $10.0M | $34.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8940 | −0.061% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8920 | −0.102% | $5.2M | $18.0M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8990 | +0.041% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8964 | −0.012% | $994K | $816K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8950 | −0.041% | $2.8M | $3.6M | 50x | as long as short |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.8970 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8926 | −0.089% | $26K | $42K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8900 | −0.143% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8940 | −0.061% | $85K | $420K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8966 | −0.008% | $3K | $154K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0113% | 4h | 4.8960 | −0.020% | $595K | $312K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8930 | −0.082% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]