Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Gate+0.037%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$950.945% of the position
Funding, last 7 days+0.046%+$5 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.037%, 7d avg +0.019%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.8820 | 0.0100 | pay 0.0050% / 4h | 38m 16s | $1.3M | $2.8M | 50x |
| Short | KuCoin ORDIUSDTM | 4.8838 | 0.0100 | get 0.0050% / 4h | 38m 16s | $937K | $818K | 50x |
Gate ORDI_USDT
KuCoin ORDIUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: +0.037% → +0.019%
- $1.75
- Slippage, 4 orders
- −$67.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$92.79
- Costs to cover
- 0.945%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 31 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 Gate live order book, 5 min ago | 3.07 bp | 21.9 bp −$22 | 141.9 bp −$1,419 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 6.76 bp | 19.4 bp −$19 | 543.4 bp −$5,434 | 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 | 4.8849 | +0.059% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.698% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8902 | +0.168% | $711K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8850 | +0.061% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8850 | +0.061% | $10.0M | $31.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8820 | 0.000% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8800 | −0.041% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.8820 | long leg | $1.3M | $2.8M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8850 | +0.061% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.8838 | +0.037% | $937K | $818K | 50x |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8860 | +0.082% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8820 | 0.000% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8859 | +0.080% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8770 | −0.102% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8840 | +0.041% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8841 | +0.042% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0112% | 4h | 4.8860 | +0.082% | $610K | $309K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8811 | −0.018% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3025% | 1h | 4.8983 | +0.335% | $66K | $43K | 25x | as long as short |
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]
Kraken Futures PF_ORDIUSD