Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against KuCoin−0.025%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1101.100% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.025%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.030% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.8782 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $973K | $837K | 50x |
| Short | OKX ORDI-USDT-SWAP | 4.8770 | 0.0100 | get 0.0050% / 4h | 3h 03m | $5.2M | $17.7M | 20x |
KuCoin ORDIUSDTM
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.025% → +0.006%
- −$3.04
- Slippage, 4 orders
- −$87.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$113.01
- Costs to cover
- 1.100%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 41 min ago; OKX: live order book, 5 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, 41 min ago | 11.38 bp | 49.6 bp −$50 | 1057.7 bp −$10.6K | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.02 bp | 14.1 bp −$14 | 45.5 bp −$455 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ORDI_USDT | −0.0660% | 4h | 4.8770 | −0.025% | $1.3M | $2.8M | 50x | as long as short |
| Kraken Futures PF_ORDIUSD | −0.0576% | 1h | 4.8716 | −0.134% | $69K | $48K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8856 | +0.152% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.625% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8893 | +0.228% | $705K | $665K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8836 | +0.110% | $7K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8810 | +0.058% | $9.9M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8730 | −0.107% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.8770 | −0.025% | $5.2M | $17.7M | 20x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8840 | +0.119% | $6.5M | $3.3M | 200x | as long as short |
Gate ORDI_USDT
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.8782 | long leg | $973K | $837K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8810 | +0.057% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8800 | +0.037% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8946 | +0.337% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.086% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8890 | +0.221% | $82K | $408K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8795 | +0.026% | $4K | $180K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0152% | 4h | 4.8920 | +0.283% | $600K | $307K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8773 | −0.019% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]