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 KuCoin+0.057%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.057%, 7d avg +0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.8772 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $940K | $814K | 50x |
| Short | MEXC ORDI_USDT | 4.8800 | 0.0100 | get 0.0050% / 4h | 3h 45m | $7.1M | $3.3M | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. 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: +0.057% → +0.027%
- $3.09
- Slippage, 4 orders
- −$50.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$59.02
- Costs to cover
- 0.621%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 19 min ago; MEXC: live order book, 2 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 KuCoin live order book, 19 min ago | 6.05 bp | 30.6 bp −$31 | 1065.6 bp −$10.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.02 bp | 4.5 bp −$5 | 12.6 bp −$126 | 51.9 bp −$5,191 | 109.9 bp −$55.0K |
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 | −0.121% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.606% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0051% | 4h | 4.8740 | −0.066% | $602K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8860 | +0.180% | $709K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8780 | +0.016% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8806 | +0.070% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8730 | −0.086% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8760 | −0.025% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8730 | −0.086% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDTshort | +0.0100% | 4h | 4.8800 | +0.057% | $7.1M | $3.3M | 200x |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.8772 | long leg | $940K | $814K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8780 | +0.016% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8770 | −0.004% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8702 | −0.143% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8700 | −0.148% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8690 | −0.168% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8794 | +0.045% | $4K | $192K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8745 | −0.056% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2971% | 1h | 4.8877 | +0.216% | $66K | $40K | 25x | as long as short |
KuCoin ORDIUSDTM
MEXC ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD