Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against MEXC−0.041%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.056%−$6 on $10k
Price spread, last 7 days+0.037%+$4 · spread now −0.041%, 7d avg −0.024%
Together, before fees−0.019%−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ORDI_USDT4.89800.0100pay 0.0050% / 4h1h 28m$7.0M$3.3M200x
ShortBybit ORDIUSDT4.89600.0100get 0.0050% / 4h1h 28m$4.2M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.041% → −0.024%
−$1.71
Slippage, 4 orders
−$43.1
Fee MEXC: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$55.81
Costs to cover
0.541%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago1.02 bp4.0 bp −$414.1 bp −$14153.8 bp −$5,379112.1 bp −$56.0K
Sell Bybit live order book, 5 min ago3.05 bp21.4 bp −$2170.2 bp −$702doesn't fitdoesn't fit

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0350%1h4.8931−0.100%$72K$46K25xas long as short
dYdX ORDI-USD0.0000%1h4.8995+0.031%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.003%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0076%4h4.9000+0.041%$610K$305K75xas long as short
Aster ORDIUSDT+0.0100%4h4.9001+0.042%$12K$427K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9000+0.041%$10.0M$33.4M50xas long as short
Bybit ORDIUSDTshort+0.0100%4h4.8960−0.041%$4.2M$4.5M50x
OKX ORDI-USDT-SWAP+0.0100%4h4.8950−0.061%$5.3M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9010+0.061%$1.3M$2.7M50xas long as short
MEXC ORDI_USDTlong+0.0100%4h4.8980long leg$7.0M$3.3M200x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.9002+0.045%$961K$869K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.89800.000%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.89800.000%$27.1Mas long as short
Variational Omni ORDI+0.0100%4h4.9130+0.306%$24K$55Kas long as short
SunX ORDI-USDT+0.0100%4h4.8900−0.163%$987$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8920−0.122%$81K$393K75xas long as short
Extended ORDI-USD+0.0104%1h4.8987+0.014%$3K$189K5xas long as short
Hyperliquid ORDI+0.0236%1h4.9049+0.141%$708K$661K3xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8958−0.045%$8K100xas long as short