Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.009%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.009%, 7d avg +0.015%
=Together, before fees+0.173%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8906 | 0.0104 | pay 0.0013% / 1h | 1m 15s | $4K | $165K | 5x |
| Short | BingX ORDI-USDT | 4.8910 | 0.0100 | get 0.0050% / 4h | 1h 01m | — | $26.9M | — |
Extended ORDI-USD
BingX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$0.84
- Price spread: +0.009% → +0.015%
- −$0.65
- Slippage, 4 orders
- −$35.25
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$51.74
- Costs to cover
- 0.503%
- Break-even
- never at this rate
Slippage from Extended: live order book, 40 min ago; BingX: live order book, 8 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 Extended live order book, 40 min ago | 3.57 bp | 17.0 bp −$17 | 132.1 bp −$1,321 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 1.02 bp | 8.7 bp −$9 | 13.6 bp −$136 | 29.3 bp −$2,928 | 280.5 bp −$140.3K |
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 | −0.0543% | 1h | 4.8858 | −0.098% | $69K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0050% | 4h | 4.8910 | +0.009% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8983 | +0.157% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.862% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0071% | 4h | 4.8910 | +0.009% | $596K | $306K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8990 | +0.172% | $708K | $668K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8925 | +0.039% | $4K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8925 | +0.039% | $10.0M | $34.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8880 | −0.053% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8890 | −0.032% | $5.2M | $17.9M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8930 | +0.049% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8933 | +0.056% | $993K | $800K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8900 | −0.012% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.8910 | +0.009% | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8951 | +0.093% | $26K | $37K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8910 | +0.009% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8920 | +0.029% | $85K | $385K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8906 | long leg | $4K | $165K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.8884 | −0.046% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]