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: Bitget against MEXC0.000%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now 0.000%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9010 | 0.0100 | pay 0.0050% / 4h | 1h 19m | $6.5M | $3.3M | 200x |
| Short | Bitget ORDIUSDT | 4.9010 | 0.0100 | get 0.0050% / 4h | 1h 19m | $2.8M | $3.6M | 50x |
MEXC ORDI_USDT
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: 0.000% → +0.004%
- −$0.36
- Slippage, 4 orders
- −$27.64
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$39.99
- Costs to cover
- 0.396%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: 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, 3 min ago | 1.02 bp | 4.4 bp −$4 | 23.4 bp −$234 | 52.1 bp −$5,213 | 94.4 bp −$47.2K |
| Sell Bitget live order book, 3 min ago | 3.06 bp | 14.6 bp −$15 | 38.2 bp −$382 | 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 | −0.0541% | 1h | 4.9052 | +0.086% | $70K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0070% | 4h | 4.9010 | 0.000% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8937 | −0.149% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.060% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0098% | 4h | 4.9010 | 0.000% | $596K | $312K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9119 | +0.222% | $708K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9005 | −0.009% | $4K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9001 | −0.018% | $10.0M | $34.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9010 | 0.000% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9010 | 0.000% | $5.2M | $18.1M | 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_USDTlong | +0.0100% | 4h | 4.9010 | long leg | $6.5M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8982 | −0.057% | $995K | $820K | 50x | as long as short |
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9010 | 0.000% | $2.8M | $3.6M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9050 | +0.082% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8936 | −0.150% | $26K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8940 | −0.143% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9080 | +0.143% | $85K | $431K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9043 | +0.067% | $3K | $159K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9044 | +0.070% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]