Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.099%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1011.013% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.099%, 7d avg +0.011%
=Together, before fees+0.207%+ Points / potential airdropExtended: Active · farm board+$21 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: KuCoin is 0.109% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.9069 | 0.0104 | pay 0.0013% / 1h | 35m 17s | $5K | $193K | 5x |
| Short | KuCoin ORDIUSDTM | 4.9020 | 0.0100 | get 0.0050% / 4h | 2h 35m | $919K | $882K | 50x |
Extended ORDI-USD
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.099% → +0.011%
- −$10.95
- Slippage, 4 orders
- −$84.26
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$113.05
- Costs to cover
- 1.013%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; KuCoin: live order book, 24 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, 31 min ago | 3.63 bp | 17.9 bp −$18 | 145.0 bp −$1,450 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 8.65 bp | 27.2 bp −$27 | 555.8 bp −$5,558 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8983 | −0.174% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.171% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9131 | +0.127% | $710K | $661K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9045 | −0.049% | $7K | $422K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9110 | +0.084% | $10.1M | $33.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9050 | −0.038% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9060 | −0.017% | $5.3M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8990 | −0.160% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9100 | +0.064% | $7.1M | $3.5M | 200x | as long as short |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.9020 | −0.099% | $919K | $882K | 50x |
dYdX ORDI-USD
Injective ORDI/USDC PERP
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9070 | +0.003% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9050 | −0.038% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9027 | −0.084% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8990 | −0.160% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8990 | −0.160% | $89K | $356K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0100% | 4h | 4.9110 | +0.084% | $610K | $314K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.9069 | long leg | $5K | $193K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9047 | −0.044% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3049% | 1h | 4.9053 | −0.032% | $72K | $49K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD