Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against OKX−0.063%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.323%+$32 · spread now −0.063%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.057% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8970 | 0.0100 | pay 0.0050% / 4h | 11m 43s | $5.3M | $17.4M | 20x |
| Short | KuCoin ORDIUSDTM | 4.8939 | 0.0100 | get 0.0050% / 4h | 11m 43s | $976K | $860K | 50x |
OKX ORDI-USDT-SWAP
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.063% → −0.006%
- −$5.73
- Slippage, 4 orders
- −$77.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$105.15
- Costs to cover
- 0.994%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 38 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, 2 min ago | 2.04 bp | 12.5 bp −$12 | 49.3 bp −$493 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 9.84 bp | 30.5 bp −$30 | 560.2 bp −$5,602 | 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 | −0.0372% | 1h | 4.8862 | −0.220% | $72K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8941 | −0.060% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.984% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0056% | 4h | 4.8980 | +0.020% | $602K | $306K | 75x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8943 | −0.056% | $14K | $428K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9010 | +0.082% | $10.0M | $33.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8970 | 0.000% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.8970 | long leg | $5.3M | $17.4M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8950 | −0.041% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9010 | +0.082% | $6.8M | $3.4M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.8939 | −0.063% | $976K | $860K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9000 | +0.061% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8970 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8791 | −0.365% | $24K | $51K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8860 | −0.225% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8860 | −0.225% | $81K | $402K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8976 | +0.012% | $2K | $183K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8905 | −0.133% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0320% | 1h | 4.9041 | +0.145% | $706K | $660K | 3x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI