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: MEXC against SunX+0.270%7-day average +0.174% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1381.383% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.270%, 7d avg +0.174%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.096% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.174%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8110 | 0.0100 | pay 0.0050% / 4h | 2h 26m | $2K | $1.2M | 20x |
| Short | MEXC ORDI_USDT | 4.8240 | 0.0100 | get 0.0050% / 4h | 2h 26m | $6.4M | $3.3M | 200x |
SunX ORDI-USDT
MEXC ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.270% → +0.174%
- $9.6
- Slippage, 4 orders
- −$130.28
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$128.68
- Costs to cover
- 1.383%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; MEXC: live order book, 1 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, 7 min ago | 31.09 bp | 81.9 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.04 bp | 3.1 bp −$3 | 28.0 bp −$280 | 51.5 bp −$5,155 | 98.7 bp −$49.4K |
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 | −0.0725% | 1h | 4.8123 | +0.027% | $68K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0152% | 4h | 4.8180 | +0.145% | $1.2M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8171 | +0.127% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.321% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8284 | +0.362% | $696K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8229 | +0.248% | $7K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8240 | +0.270% | $9.9M | $34.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8200 | +0.187% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8220 | +0.229% | $5.2M | $17.9M | 20x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8240 | +0.270% | $6.4M | $3.3M | 200x |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8206 | +0.200% | $956K | $825K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8240 | +0.270% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8230 | +0.249% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8268 | +0.327% | $24K | $42K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8110 | long leg | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8140 | +0.062% | $84K | $441K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0102% | 4h | 4.8190 | +0.166% | $589K | $304K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8227 | +0.244% | $2K | $180K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8166 | +0.116% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]