Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against MEXC−0.103%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days+0.163%+$16 · spread now −0.103%, 7d avg +0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.104% cheaper against MEXC than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8620 | 0.0100 | pay 0.0050% / 4h | 13m 22s | $7.0M | $3.3M | 200x |
| Short | OKX ORDI-USDT-SWAP | 4.8570 | 0.0100 | get 0.0050% / 4h | 13m 22s | $5.3M | $16.5M | 20x |
MEXC ORDI_USDT
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.103% → +0.001%
- −$10.43
- Slippage, 4 orders
- −$25.8
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.23
- Costs to cover
- 0.358%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago | 1.03 bp | 4.3 bp −$4 | 9.7 bp −$97 | 50.5 bp −$5,052 | 105.2 bp −$52.6K |
| Sell OKX live order book, 5 min ago | 3.09 bp | 15.6 bp −$16 | 46.0 bp −$460 | 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 | 4.8571 | −0.100% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.314% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8663 | +0.088% | $707K | $652K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8639 | +0.040% | $4K | $419K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8622 | +0.004% | $10.0M | $31.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8590 | −0.062% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.8570 | −0.103% | $5.3M | $16.5M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8600 | −0.041% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.8620 | long leg | $7.0M | $3.3M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8629 | +0.019% | $933K | $810K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
Gate ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8630 | +0.021% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8600 | −0.041% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8588 | −0.066% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8570 | −0.103% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8570 | −0.103% | $88K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8613 | −0.015% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0132% | 4h | 4.8650 | +0.062% | $606K | $308K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8586 | −0.070% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3039% | 1h | 4.8751 | +0.269% | $65K | $43K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
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