Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.009%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.009%, 7d avg +0.004%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9100 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $7.1M | $3.2M | 200x |
| Short | Binance ORDIUSDT | 4.9105 | 0.0100 | get 0.0050% / 4h | 3h 30m | $10.1M | $30.2M | 50x |
MEXC ORDI_USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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: +0.009% → +0.004%
- $0.54
- Slippage, 4 orders
- −$24.06
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.52
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Binance: 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 MEXC live order book, 3 min ago | 1.02 bp | 4.2 bp −$4 | 16.5 bp −$165 | 42.0 bp −$4,196 | 84.5 bp −$42.2K |
| Sell Binance live order book, 1 min ago | 1.02 bp | 13.3 bp −$13 | 25.6 bp −$256 | 351.0 bp −$35.1K | 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 | 4.9054 | −0.094% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.230% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0060% | 4h | 4.9100 | 0.000% | $1.3M | $2.7M | 50x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9075 | −0.050% | $5K | $416K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.9105 | +0.009% | $10.1M | $30.2M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9050 | −0.102% | $4.1M | $4.0M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9090 | −0.020% | $5.4M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.9100 | long leg | $7.1M | $3.2M | 200x | |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9040 | −0.122% | $913K | $821K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9140 | +0.081% | $2.9M | $2.9M | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
KuCoin ORDIUSDTM
Bitget ORDIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ORDI-USDC | +0.0100% | 4h | 4.9030 | −0.143% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8906 | −0.396% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9000 | −0.204% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9040 | −0.122% | $85K | $352K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9114 | +0.029% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0148% | 4h | 4.9050 | −0.102% | $616K | $287K | 75x | as long as short |
| Hyperliquid ORDI | +0.0233% | 1h | 4.9150 | +0.102% | $911K | $534K | 3x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9077 | −0.046% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.0568% | 1h | 4.9200 | +0.203% | $66K | $42K | 25x | as long as short |
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
Hyperliquid ORDI
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD