Funding spread now, next payment 17:00 UTC+0.1339%/8h
paid, last 24h−0.096%paid, last 4 days−0.052%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid -0.052% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9980 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $7.0M | $3.2M | 200x |
| Short | Kraken Futures PF_ORDIUSD | 4.9977 | 0.1439 | get 0.0180% / 1h | 11m 28s | $66K | $33K | 25x |
MEXC ORDI_USDT
Kraken Futures PF_ORDIUSDFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $281.15
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $271.15
- Break-even
- 0.2 days
Slippage unknown: MEXC: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.007%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 | 1.00 bp | 5.7 bp −$6 | 13.3 bp −$133 | 49.2 bp −$4,916 | 97.6 bp −$48.8K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORDI on 19 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | $776 | $73K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | $12K | $388K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | $10.4M | $27.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | $4.2M | $3.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | $5.7M | $15.3M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | $1.3M | $2.5M | 50x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | $7.0M | $3.2M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | $955K | $751K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | $3.0M | $2.7M | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| BingX ORDI-USDC | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | $26K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | $2K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | $86K | $323K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0110% | 4h | $671K | $304K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | $9K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0293% | 1h | $918K | $496K | 3x | as long as short |
| Kraken Futures PF_ORDIUSDshort | +0.1439% | 1h | $66K | $33K | 25x |
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI