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: Binance against MEXC−0.004%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.004%, 7d avg +0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8850 | 0.0100 | pay 0.0050% / 4h | 53m 44s | $6.6M | $3.2M | 200x |
| Short | Binance ORDIUSDT | 4.8848 | 0.0100 | get 0.0050% / 4h | 53m 44s | $10.0M | $34.1M | 50x |
MEXC ORDI_USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: −0.004% → +0.005%
- −$0.9
- Slippage, 4 orders
- −$22.58
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.48
- Costs to cover
- 0.326%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Binance: 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 MEXC live order book, 4 min ago | 1.02 bp | 4.8 bp −$5 | 11.6 bp −$116 | 47.2 bp −$4,721 | 106.0 bp −$53.0K |
| Sell Binance live order book, 3 min ago | 1.03 bp | 11.3 bp −$11 | 26.8 bp −$268 | 314.6 bp −$31.5K | 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 | −0.0304% | 1h | 4.8797 | −0.108% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0074% | 4h | 4.8830 | −0.041% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8782 | −0.139% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.755% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0044% | 4h | 4.8880 | +0.061% | $596K | $305K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8896 | +0.094% | $706K | $665K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8862 | +0.024% | $4K | $420K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8848 | −0.004% | $10.0M | $34.1M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8800 | −0.102% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8800 | −0.102% | $5.2M | $17.8M | 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
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_USDTlong | +0.0100% | 4h | 4.8850 | long leg | $6.6M | $3.2M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8837 | −0.027% | $985K | $794K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8830 | −0.041% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8800 | −0.102% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8656 | −0.397% | $26K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8800 | −0.102% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8850 | 0.000% | $85K | $385K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8847 | −0.006% | $4K | $169K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.8886 | +0.074% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]