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: MEXC against HTX−0.061%50s7-day average +0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 3 days (all we have)+0.136%+$14 · spread now −0.061%, 7d avg +0.060%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.120% cheaper against HTX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.060%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.9370 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $90K | $351K | 75x |
| Short | MEXC ORDI_USDT | 4.9340 | 0.0100 | get 0.0050% / 4h | 3h 01m | $7.1M | $3.4M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against HTX. 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: −0.061% → +0.060%
- −$12.04
- Slippage, 4 orders
- −$46.34
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$70.37
- Costs to cover
- 0.583%
- Break-even
- never at this rate
Slippage from HTX: live order book, 6 min ago; MEXC: live order book, 1 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 HTX live order book, 6 min ago | 17.06 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.01 bp | 4.1 bp −$4 | 26.5 bp −$265 | 57.6 bp −$5,761 | 99.1 bp −$49.5K |
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 | 4.9292 | −0.157% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.737% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9394 | +0.049% | $714K | $650K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9320 | −0.101% | $3K | $409K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9345 | −0.050% | $10.1M | $32.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9250 | −0.243% | $4.2M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9250 | −0.243% | $5.4M | $17.0M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9270 | −0.203% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.9340 | −0.061% | $7.1M | $3.4M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9313 | −0.115% | $941K | $827K | 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 | 4.9330 | −0.081% | $2.9M | $3.2M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9300 | −0.142% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9621 | +0.508% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9330 | −0.081% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.9370 | long leg | $90K | $351K | 75x | |
| BloFin ORDI-USDT | +0.0103% | 4h | 4.9550 | +0.365% | $615K | $315K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9319 | −0.104% | $4K | $192K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9311 | −0.120% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2933% | 1h | 4.9514 | +0.291% | $66K | $40K | 25x | as long as short |
HTX ORDI-USDT
MEXC ORDI_USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD