Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against MEXC−0.041%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days+0.073%+$7 · spread now −0.041%, 7d avg −0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.021% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8900 | 0.0100 | pay 0.0050% / 4h | 41m 23s | $7.1M | $3.3M | 200x |
| Short | Gate ORDI_USDT | 4.8880 | 0.0100 | get 0.0050% / 4h | 41m 23s | $1.3M | $2.8M | 50x |
MEXC ORDI_USDT
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.041% → −0.020%
- −$2.12
- Slippage, 4 orders
- −$39.4
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.52
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago | 2.04 bp | 4.9 bp −$5 | 19.0 bp −$190 | 49.9 bp −$4,994 | 101.3 bp −$50.7K |
| Sell Gate live order book, 1 min ago | 3.07 bp | 22.1 bp −$22 | 87.4 bp −$874 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8889 | −0.023% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.851% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8976 | +0.155% | $711K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8921 | +0.042% | $4K | $419K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8910 | +0.020% | $10.1M | $31.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8860 | −0.082% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8860 | −0.082% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8880 | −0.041% | $1.3M | $2.8M | 50x | |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8900 | long leg | $7.1M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8920 | +0.041% | $938K | $818K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8900 | 0.000% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.061% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9024 | +0.253% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8910 | +0.020% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8850 | −0.102% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8901 | +0.002% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0132% | 4h | 4.8980 | +0.164% | $608K | $310K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8895 | −0.010% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3021% | 1h | 4.9054 | +0.315% | $66K | $43K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD