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: Binance against BingX+0.061%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.061%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.050% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.8680 | 0.0100 | pay 0.0050% / 4h | 22m 09s | — | $24.3M | — |
| Short | Binance ORDIUSDT | 4.8710 | 0.0100 | get 0.0050% / 4h | 22m 09s | $10.0M | $31.3M | 50x |
BingX ORDI-USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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: +0.061% → +0.011%
- $4.98
- Slippage, 4 orders
- −$18.37
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.39
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 min ago; Binance: 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 BingX live order book, 1 min ago | 1.03 bp | 6.9 bp −$7 | 11.5 bp −$115 | 31.4 bp −$3,138 | 384.3 bp −$192.2K |
| Sell Binance live order book, 4 min ago | 1.03 bp | 14.0 bp −$14 | 28.8 bp −$288 | 310.5 bp −$31.0K | 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 | 4.8578 | −0.209% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.430% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0089% | 4h | 4.8670 | −0.021% | $608K | $308K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8761 | +0.166% | $709K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8658 | −0.045% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8710 | +0.061% | $10.0M | $31.3M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8650 | −0.062% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8680 | 0.000% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8640 | −0.082% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8700 | +0.041% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.8644 | −0.074% | $933K | $810K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8660 | −0.041% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8680 | long leg | — | $24.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8664 | −0.032% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8630 | −0.103% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8640 | −0.082% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8671 | −0.018% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8669 | −0.023% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3036% | 1h | 4.8802 | +0.251% | $65K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD