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: Bitget against BingX−0.124%7-day average +0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$890.889% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.196%+$20 · spread now −0.124%, 7d avg +0.105%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.229% cheaper against BingX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.8480 | 0.0100 | pay 0.0050% / 4h | 2h 11m | — | $2.3M | — |
| Short | Bitget ORDIUSDT | 4.8420 | 0.0100 | get 0.0050% / 4h | 2h 11m | $2.8M | $2.9M | 50x |
BingX ORDI-USDC
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.124% → +0.105%
- −$22.86
- Slippage, 4 orders
- −$66.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.81
- Costs to cover
- 0.889%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; Bitget: live order book, 6 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, 6 min ago | 1.03 bp | 25.1 bp −$25 | 89.3 bp −$893 | 434.1 bp −$43.4K | 568.4 bp −$284.2K |
| Sell Bitget live order book, 6 min ago | 3.08 bp | 16.3 bp −$16 | 28.2 bp −$282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8394 | −0.178% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.044% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8444 | −0.074% | $705K | $645K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8450 | −0.062% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8450 | −0.062% | $9.8M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8360 | −0.248% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8420 | −0.124% | $5.3M | $16.1M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8410 | −0.144% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8440 | −0.083% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8404 | −0.157% | $925K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8420 | −0.124% | $2.8M | $2.9M | 50x | |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.8480 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8613 | +0.274% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8360 | −0.248% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8360 | −0.248% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8423 | −0.117% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0117% | 4h | 4.8400 | −0.165% | $605K | $299K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8397 | −0.172% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2504% | 1h | 4.8596 | +0.239% | $66K | $42K | 25x | as long as short |
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD