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: BingX against Bitget−0.041%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now −0.041%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.029% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.9130 | 0.0100 | pay 0.0050% / 4h | 3h 29m | $2.9M | $3.0M | 50x |
| Short | BingX ORDI-USDT | 4.9110 | 0.0100 | get 0.0050% / 4h | 3h 29m | — | $27.5M | — |
Bitget ORDIUSDT
BingX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.041% → −0.012%
- −$2.86
- Slippage, 4 orders
- −$27.66
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.52
- Costs to cover
- 0.497%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; BingX: 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 Bitget live order book, 3 min ago | 3.06 bp | 16.4 bp −$16 | 26.5 bp −$265 | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 1.02 bp | 7.5 bp −$8 | 12.9 bp −$129 | 24.1 bp −$2,409 | 295.2 bp −$147.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9056 | −0.151% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.287% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0094% | 4h | 4.9110 | −0.041% | $604K | $311K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9184 | +0.110% | $713K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9141 | +0.022% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9140 | +0.020% | $10.0M | $31.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9110 | −0.041% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9090 | −0.081% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9110 | −0.041% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9140 | +0.020% | $7.2M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.9127 | −0.006% | $955K | $808K | 50x | as long as short |
| Bitget ORDIUSDTlong | +0.0100% | 4h | 4.9130 | long leg | $2.9M | $3.0M | 50x | |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.9110 | −0.041% | — | $27.5M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.9062 | −0.138% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9060 | −0.142% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9070 | −0.122% | $89K | $347K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9128 | −0.004% | $4K | $230K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9099 | −0.064% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2949% | 1h | 4.9241 | +0.226% | $66K | $39K | 25x | as long as short |
KuCoin ORDIUSDTM
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD