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: OKX against KuCoin−0.132%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1161.164% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.132%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.138% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.9285 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $994K | $829K | 50x |
| Short | OKX ORDI-USDT-SWAP | 4.9220 | 0.0100 | get 0.0050% / 4h | 2h 09m | $5.3M | $18.4M | 20x |
KuCoin ORDIUSDTM
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.132% → +0.006%
- −$13.82
- Slippage, 4 orders
- −$94.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$130.25
- Costs to cover
- 1.164%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 30 min ago; OKX: live order book, 4 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, 30 min ago | 7.57 bp | 60.1 bp −$60 | 1096.4 bp −$11.0K | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.03 bp | 12.9 bp −$13 | 41.5 bp −$415 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0708% | 1h | 4.9270 | −0.031% | $70K | $47K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9270 | −0.030% | $34K | $577 | 5x | as long as short |
| Gate ORDI_USDT | +0.0028% | 4h | 4.9270 | −0.030% | $1.3M | $2.8M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.578% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0080% | 4h | 4.9200 | −0.172% | $592K | $315K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9316 | +0.063% | $711K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9275 | −0.019% | $4K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9275 | −0.019% | $10.1M | $34.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9270 | −0.030% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.9220 | −0.132% | $5.3M | $18.4M | 20x |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9270 | −0.030% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.9285 | long leg | $994K | $829K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9280 | −0.010% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9220 | −0.132% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9171 | −0.231% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9190 | −0.193% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9240 | −0.091% | $85K | $442K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9262 | −0.047% | $2K | $179K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9220 | −0.131% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]