Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against OKX+0.082%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$400.405% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days−0.127%−$13 · spread now +0.082%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.089% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8770 | 0.0100 | pay 0.0050% / 4h | 4m 29s | $5.2M | $17.7M | 20x |
| Short | BingX ORDI-USDT | 4.8810 | 0.0100 | get 0.0050% / 4h | 4m 29s | — | $26.9M | — |
OKX ORDI-USDT-SWAP
BingX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against OKX. 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: +0.082% → −0.007%
- $8.89
- Slippage, 4 orders
- −$20.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$31.56
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; BingX: live order book, 4 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 OKX live order book, 4 min ago | 3.08 bp | 12.7 bp −$13 | 38.2 bp −$382 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.03 bp | 7.5 bp −$8 | 15.7 bp −$157 | 41.4 bp −$4,140 | 347.4 bp −$173.7K |
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 | −0.0304% | 1h | 4.8799 | +0.060% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8806 | +0.073% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.602% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0062% | 4h | 4.8790 | +0.041% | $1.2M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8892 | +0.250% | $705K | $668K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8825 | +0.112% | $10K | $347K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8792 | +0.044% | $9.9M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8760 | −0.021% | $4.1M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.8770 | long leg | $5.2M | $17.7M | 20x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8770 | 0.000% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8826 | +0.115% | $1.0M | $793K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8780 | +0.021% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.8810 | +0.082% | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8763 | −0.013% | $26K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8760 | −0.021% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8720 | −0.103% | $85K | $338K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8777 | +0.014% | $2K | $222K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0160% | 4h | 4.8910 | +0.287% | $593K | $309K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8816 | +0.094% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]