Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against MEXC−0.031%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$460.455% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.031%, 7d avg −0.037%
=Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8990 | 0.0100 | pay 0.0050% / 4h | 1h 52m | $6.5M | $3.3M | 200x |
| Short | Extended ORDI-USD | 4.8975 | 0.0104 | get 0.0013% / 1h | 52m 12s | $7K | $184K | 5x |
MEXC ORDI_USDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.031% → −0.037%
- $0.57
- Slippage, 4 orders
- −$40.54
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$44.13
- Costs to cover
- 0.455%
- Break-even
- 374.7 days
Slippage from MEXC: live order book, just now; Extended: live order book, 54 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, just now | 2.04 bp | 5.6 bp −$6 | 12.8 bp −$128 | 45.6 bp −$4,559 | 98.1 bp −$49.0K |
| Sell Extended live order book, 54 min ago | 3.39 bp | 17.3 bp −$17 | 132.7 bp −$1,327 | 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 | −0.0542% | 1h | 4.8940 | −0.101% | $70K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0066% | 4h | 4.8970 | −0.041% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8985 | −0.010% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.022% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9029 | +0.080% | $707K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9005 | +0.031% | $3K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9005 | +0.031% | $10.0M | $34.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8950 | −0.082% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8960 | −0.061% | $5.2M | $18.3M | 20x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8990 | long leg | $6.5M | $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 ORDIUSDTM | +0.0100% | 4h | 4.8979 | −0.022% | $995K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8980 | −0.020% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8950 | −0.082% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9066 | +0.156% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8910 | −0.163% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8940 | −0.102% | $85K | $438K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8975 | −0.031% | $7K | $184K | 5x | |
| BloFin ORDI-USDT | +0.0145% | 4h | 4.9010 | +0.041% | $600K | $314K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.8952 | −0.078% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]