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: BingX against MEXC−0.041%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.041%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.031% cheaper against MEXC than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9070 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $6.6M | $3.3M | 200x |
| Short | BingX ORDI-USDT | 4.9050 | 0.0100 | get 0.0050% / 4h | 1h 17m | — | $26.9M | — |
MEXC ORDI_USDT
BingX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.041% → −0.010%
- −$3.11
- Slippage, 4 orders
- −$14.71
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$27.82
- Costs to cover
- 0.247%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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, 5 min ago | 1.02 bp | 4.4 bp −$4 | 23.4 bp −$234 | 52.1 bp −$5,213 | 94.4 bp −$47.2K |
| Sell BingX live order book, 6 min ago | 1.02 bp | 9.3 bp −$9 | 15.3 bp −$153 | 31.7 bp −$3,167 | 276.3 bp −$138.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0541% | 1h | 4.9026 | −0.090% | $70K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0076% | 4h | 4.9040 | −0.061% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8992 | −0.159% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.173% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9142 | +0.147% | $709K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9044 | −0.053% | $4K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9042 | −0.057% | $10.0M | $34.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8980 | −0.183% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8970 | −0.204% | $5.2M | $18.0M | 20x | as long as short |
| MEXC ORDI_USDTlong | +0.0100% | 4h | 4.9070 | long leg | $6.6M | $3.3M | 200x |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9044 | −0.053% | $996K | $820K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9050 | −0.041% | $2.8M | $3.6M | 50x | as long as short |
| BingX ORDI-USDTshort | +0.0100% | 4h | 4.9050 | −0.041% | — | $26.9M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.8936 | −0.272% | $26K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9010 | −0.122% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9050 | −0.041% | $85K | $430K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9070 | −0.001% | $3K | $159K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0110% | 4h | 4.9040 | −0.061% | $596K | $313K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9045 | −0.052% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]