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: MEXC against KuCoin+0.014%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.014%, 7d avg +0.028%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.9153 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $998K | $820K | 50x |
| Short | MEXC ORDI_USDT | 4.9160 | 0.0100 | get 0.0050% / 4h | 1h 24m | $6.6M | $3.3M | 200x |
KuCoin ORDIUSDTM
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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: +0.014% → +0.028%
- −$1.42
- Slippage, 4 orders
- −$81.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$94.64
- Costs to cover
- 0.932%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago | 8.08 bp | 50.2 bp −$50 | 1098.9 bp −$11.0K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.02 bp | 4.8 bp −$5 | 29.9 bp −$299 | 54.7 bp −$5,468 | 106.7 bp −$53.4K |
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 | −0.0540% | 1h | 4.9083 | −0.142% | $70K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0074% | 4h | 4.9100 | −0.108% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9086 | −0.136% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.330% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9216 | +0.128% | $710K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9128 | −0.050% | $4K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9160 | +0.014% | $10.0M | $34.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9120 | −0.067% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9120 | −0.067% | $5.2M | $18.2M | 20x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.9160 | +0.014% | $6.6M | $3.3M | 200x |
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-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.9153 | long leg | $998K | $820K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9130 | −0.047% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9070 | −0.169% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9086 | −0.135% | $27K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9080 | −0.149% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9080 | −0.149% | $85K | $431K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9168 | +0.031% | $3K | $159K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0130% | 4h | 4.9160 | +0.014% | $602K | $313K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9125 | −0.057% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]