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: KuCoin against BingX−0.066%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1031.025% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.066%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.059% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.8230 | 0.0100 | pay 0.0050% / 4h | 2h 26m | — | $26.9M | — |
| Short | KuCoin ORDIUSDTM | 4.8198 | 0.0100 | get 0.0050% / 4h | 2h 26m | $956K | $825K | 50x |
BingX ORDI-USDT
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.066% → −0.007%
- −$5.91
- Slippage, 4 orders
- −$80.53
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$108.44
- Costs to cover
- 1.025%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; KuCoin: live order book, 12 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, 12 min ago | 1.03 bp | 8.1 bp −$8 | 13.7 bp −$137 | 43.7 bp −$4,373 | 402.4 bp −$201.2K |
| Sell KuCoin live order book, 12 min ago | 7.57 bp | 28.3 bp −$28 | 575.9 bp −$5,759 | 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 | −0.0725% | 1h | 4.8123 | −0.222% | $68K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0166% | 4h | 4.8180 | −0.104% | $1.2M | $2.8M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8122 | −0.224% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.557% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8267 | +0.077% | $696K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8222 | −0.016% | $7K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8231 | +0.001% | $9.8M | $34.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8200 | −0.062% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8230 | 0.000% | $5.2M | $17.9M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8240 | +0.021% | $6.4M | $3.3M | 200x | as long as short |
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-SWAP
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 | 4.8198 | −0.066% | $956K | $825K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8220 | −0.021% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.8230 | long leg | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8268 | +0.078% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8110 | −0.249% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8140 | −0.187% | $84K | $441K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0102% | 4h | 4.8190 | −0.083% | $589K | $304K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8210 | −0.042% | $2K | $180K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8166 | −0.133% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]