Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against SunX+0.263%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$275as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2722.725% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.263%, 7d avg +0.144%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.119% dearer against SunX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8220 | 0.0100 | pay 0.0050% / 4h | 2h 15m | $1K | $1.1M | 20x |
| Short | KuCoin ORDIUSDTM | 4.8347 | 0.0100 | get 0.0050% / 4h | 2h 15m | $1.0M | $750K | 50x |
SunX ORDI-USDT
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against SunX. 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: +0.263% → +0.144%
- $11.94
- Slippage, 4 orders
- −$252.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$260.53
- Costs to cover
- 2.725%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; KuCoin: live order book, 2 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 SunX live order book, 10 min ago | 81.65 bp | 99.6 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 7.97 bp | 26.0 bp −$26 | 548.3 bp −$5,483 | doesn't fit | doesn't fit |
ORDI on 19 exchanges
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 | −0.0424% | 1h | 4.8249 | +0.060% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8310 | +0.186% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.537% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8424 | +0.423% | $698K | $640K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8359 | +0.288% | $10K | $279K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8363 | +0.296% | $9.8M | $32.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8320 | +0.207% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8340 | +0.249% | $5.1M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8330 | +0.228% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8370 | +0.311% | $6.8M | $3.2M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.8347 | +0.263% | $1.0M | $750K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8350 | +0.270% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8340 | +0.249% | — | $28.7M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8300 | +0.165% | $25K | $33K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8220 | long leg | $1K | $1.1M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8280 | +0.124% | $84K | $348K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0102% | 4h | 4.8320 | +0.207% | $582K | $293K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8335 | +0.239% | $7K | $223K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8307 | +0.180% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]