Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: MEXC against Extended+0.044%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$410.411% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.044%, 7d avg +0.037%
=Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8429 | 0.0104 | pay 0.0013% / 1h | 24m 16s | $2K | $180K | 5x |
| Short | MEXC ORDI_USDT | 4.8450 | 0.0100 | get 0.0050% / 4h | 2h 24m | $6.4M | $3.3M | 200x |
Extended ORDI-USD
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.044% → +0.037%
- $0.67
- Slippage, 4 orders
- −$36.11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$41.28
- Costs to cover
- 0.411%
- Break-even
- never at this rate
Slippage from Extended: live order book, 22 min ago; MEXC: live order book, 3 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, 22 min ago | 3.39 bp | 17.2 bp −$17 | 150.1 bp −$1,501 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.04 bp | 3.1 bp −$3 | 28.0 bp −$280 | 51.5 bp −$5,155 | 98.7 bp −$49.4K |
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 | −0.0721% | 1h | 4.8416 | −0.026% | $69K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0108% | 4h | 4.8400 | −0.059% | $1.2M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8321 | −0.222% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.944% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0072% | 4h | 4.8320 | −0.225% | $591K | $305K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8486 | +0.118% | $699K | $666K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8424 | −0.010% | $7K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8440 | +0.023% | $9.8M | $34.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8400 | −0.059% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8420 | −0.018% | $5.2M | $18.0M | 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 | 4.8450 | +0.044% | $6.4M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8419 | −0.020% | $979K | $831K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8440 | +0.023% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8250 | −0.369% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8187 | −0.499% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8380 | −0.101% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.163% | $84K | $441K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8429 | long leg | $2K | $180K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8392 | −0.076% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]