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: OKX against BingX−0.163%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 7 days+0.207%+$21 · spread now −0.163%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.171% cheaper against BingX than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDT | 4.9230 | 0.0100 | pay 0.0050% / 4h | 2h 06m | — | $26.9M | — |
| Short | OKX ORDI-USDT-SWAP | 4.9150 | 0.0100 | get 0.0050% / 4h | 2h 06m | $5.3M | $18.3M | 20x |
BingX ORDI-USDT
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.163% → +0.008%
- −$17.05
- Slippage, 4 orders
- −$17.85
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$54.9
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; OKX: 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 BingX live order book, 2 min ago | 1.01 bp | 6.4 bp −$6 | 12.3 bp −$123 | 40.7 bp −$4,069 | 396.9 bp −$198.4K |
| Sell OKX live order book, 2 min ago | 2.03 bp | 13.4 bp −$13 | 43.1 bp −$431 | 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 | −0.0710% | 1h | 4.9158 | −0.147% | $70K | $47K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9211 | −0.038% | $34K | $577 | 5x | as long as short |
| Gate ORDI_USDT | 0.0000% | 4h | 4.9170 | −0.122% | $1.3M | $2.8M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.475% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9217 | −0.026% | $710K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9213 | −0.035% | $4K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9180 | −0.102% | $10.1M | $34.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9170 | −0.122% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.9150 | −0.163% | $5.3M | $18.3M | 20x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9180 | −0.102% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Gate ORDI_USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
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 | 4.9233 | +0.006% | $993K | $831K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9200 | −0.061% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTlong | +0.0100% | 4h | 4.9230 | long leg | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.9171 | −0.119% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9150 | −0.163% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9170 | −0.122% | $85K | $442K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9184 | −0.094% | $7K | $184K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0110% | 4h | 4.9210 | −0.041% | $590K | $315K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9193 | −0.076% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]