Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.009%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$920.924% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.009%, 7d avg −0.032%
=Together, before fees−0.028%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.041% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.9166 | 0.0104 | pay 0.0013% / 1h | 1m 17s | $7K | $184K | 5x |
| Short | BingX ORDI-USDC | 4.9170 | 0.0100 | get 0.0050% / 4h | 2h 01m | — | $2.3M | — |
Extended ORDI-USD
BingX ORDI-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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: +0.009% → −0.032%
- $4.11
- Slippage, 4 orders
- −$77.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$89.09
- Costs to cover
- 0.924%
- Break-even
- never at this rate
Slippage from Extended: live order book, 45 min ago; BingX: live order book, 17 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 Extended live order book, 45 min ago | 3.39 bp | 17.2 bp −$17 | 150.1 bp −$1,501 | doesn't fit | doesn't fit |
| Sell BingX live order book, 17 min ago | 2.04 bp | 27.7 bp −$28 | 121.4 bp −$1,214 | 469.3 bp −$46.9K | 600.8 bp −$300.4K |
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 | −0.0710% | 1h | 4.9144 | −0.045% | $70K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0022% | 4h | 4.9140 | −0.052% | $1.3M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9161 | −0.010% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.354% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0093% | 4h | 4.9170 | +0.009% | $597K | $315K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9223 | +0.116% | $710K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9185 | +0.039% | $3K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9189 | +0.047% | $10.1M | $34.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9140 | −0.052% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9160 | −0.012% | $5.3M | $18.3M | 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_USDT | +0.0100% | 4h | 4.9180 | +0.029% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9192 | +0.053% | $999K | $831K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9180 | +0.029% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDCshort | +0.0100% | 4h | 4.9170 | +0.009% | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.9201 | +0.073% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9100 | −0.134% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9120 | −0.093% | $85K | $439K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.9166 | long leg | $7K | $184K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9143 | −0.047% | $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]