Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: MEXC against dYdX+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.107% dearer against dYdX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ORDI-USD | 4.8438 | 0 | get 0.0000% / 1h | 2m 34s | $33K | $651 | 5x |
| Short | MEXC ORDI_USDT | 4.8490 | 0.0100 | get 0.0050% / 4h | 1h 02m | $6.8M | $3.4M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against dYdX. 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
- $21
- Price spread: +0.107% → 0.000%
- $10.67
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $21.67
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; MEXC: live order book, 5 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 1.03 bp | 4.8 bp −$5 | 10.0 bp −$100 | 49.1 bp −$4,907 | 103.5 bp −$51.7K |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0353% | 1h | 4.8469 | +0.063% | $71K | $45K | 25x | as long as short |
| dYdX ORDI-USDlong | 0.0000% | 1h | 4.8438 | long leg | $33K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.963% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8513 | +0.155% | $14K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8500 | +0.127% | $9.9M | $33.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8480 | +0.086% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8460 | +0.045% | $5.2M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8480 | +0.086% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8490 | +0.107% | $6.8M | $3.4M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8486 | +0.098% | $969K | $880K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8480 | +0.086% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8460 | +0.045% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8436 | −0.006% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8420 | −0.038% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8430 | −0.017% | $80K | $395K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8478 | +0.082% | $5K | $190K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0150% | 4h | 4.8500 | +0.127% | $608K | $303K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8478 | +0.082% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0292% | 1h | 4.8586 | +0.305% | $699K | $662K | 3x | as long as short |
MEXC ORDI_USDT
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI