Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended+0.034%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.034%, 7d avg +0.012%
=Together, before fees+0.093%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.022% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8700 | 0.0104 | pay 0.0013% / 1h | 48m 07s | $7K | $182K | 5x |
| Short | KuCoin ORDIUSDTM | 4.8716 | 0.0100 | get 0.0050% / 4h | 3h 48m | $943K | $813K | 50x |
Extended ORDI-USD
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.034% → +0.012%
- $2.16
- Slippage, 4 orders
- −$68.66
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$84.34
- Costs to cover
- 0.857%
- Break-even
- never at this rate
Slippage from Extended: live order book, 23 min ago; KuCoin: live order book, 16 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, 23 min ago | 2.06 bp | 16.1 bp −$16 | 161.0 bp −$1,610 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 6.05 bp | 23.4 bp −$23 | 567.9 bp −$5,679 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8713 | +0.028% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.467% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8765 | +0.134% | $707K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8730 | +0.062% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8710 | +0.021% | $9.9M | $31.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8690 | −0.020% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8680 | −0.040% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8690 | −0.020% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8710 | +0.021% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.8716 | +0.034% | $943K | $813K | 50x |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8710 | +0.021% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8700 | +0.001% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8687 | −0.025% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8630 | −0.143% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8670 | −0.061% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8700 | long leg | $7K | $182K | 5x | |
| BloFin ORDI-USDT | +0.0134% | 4h | 4.8740 | +0.083% | $600K | $309K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8685 | −0.030% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2975% | 1h | 4.8811 | +0.229% | $65K | $43K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD