Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.020%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.471% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.020%, 7d avg −0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.9060 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $2.9M | $3.0M | 50x |
| Short | BingX ORDI-USDT | 4.9050 | 0.0100 | get 0.0050% / 4h | 3h 33m | — | $27.5M | — |
Bitget ORDIUSDT
BingX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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: −0.020% → −0.012%
- −$0.83
- Slippage, 4 orders
- −$25.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$47.98
- Costs to cover
- 0.471%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; BingX: live order book, 5 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 Bitget live order book, 4 min ago | 4.08 bp | 13.1 bp −$13 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.02 bp | 7.5 bp −$8 | 12.9 bp −$129 | 24.1 bp −$2,409 | 295.2 bp −$147.6K |
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 | 4.9016 | −0.089% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.155% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9100 | +0.082% | $712K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9051 | −0.018% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9052 | −0.016% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9010 | −0.102% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9030 | −0.061% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9030 | −0.061% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9040 | −0.041% | $7.2M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9066 | +0.012% | $954K | $808K | 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 ORDIUSDTlong | +0.0100% | 4h | 4.9060 | long leg | $2.9M | $3.0M | 50x | |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.9050 | −0.020% | — | $27.5M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8992 | −0.138% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8990 | −0.143% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8980 | −0.163% | $89K | $355K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0103% | 4h | 4.9030 | −0.061% | $603K | $310K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9041 | −0.039% | $3K | $224K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9042 | −0.037% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2950% | 1h | 4.9224 | +0.335% | $66K | $40K | 25x | as long as short |
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD