After costs, if the gap returns to its 7d average, $10k−$46
spread now−0.041%7d average+0.023%fees + slippage, in and out−$39spread needed0.394%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.9240 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $6.7M | $3.1M | 200x |
| Short | BloFin ORDI-USDT | 4.9220 | 0.0067 | get 0.0033% / 4h | 1h 10m | $631K | $299K | 75x |
MEXC ORDI_USDT
BloFin ORDI-USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$4.06
- Funding while held
- −$1
- Slippage, 4 orders
- −$27.41
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.47
- Spread needed to break even
- 0.394%
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 23 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0033%
- Per $10,000 a day
- −$1.00
- Average in range /8h
- —
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, 4 min ago | 1.01 bp | 4.9 bp −$5 | 11.6 bp −$116 | 49.6 bp −$4,965 | 100.3 bp −$50.2K |
| Sell BloFin live order book, 23 min ago | 2.04 bp | 18.7 bp −$19 | 44.3 bp −$443 | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
SunX4.9080+7.750%HTX4.9150+7.903%Kraken Futures4.9156+7.916%GMX4.9164+7.934%Bybit4.9190+7.991%Gate4.9210+8.035%
Injective
SunX
HTX
Kraken Futures
GMX
Bybit
GateBloFin4.9220+8.057%
dYdX4.9231+8.082%Aster4.9233+8.086%KuCoin4.9236+8.092%OKX4.9240+8.101%
dYdX
Aster
KuCoin
OKXMEXC4.9240+8.101%
BingX4.9240+8.101%Extended4.9255+8.134%Bitget4.9260+8.145%Binance4.9260+8.145%Variational Omni4.9307+8.247%Hyperliquid4.9310+8.255%
BingX
Extended
Bitget
Binance
Variational Omni
HyperliquidORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −7.494% | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| SunX ORDI-USDT | −0.325% | +0.0100% | 4h | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | −0.183% | +0.0100% | 4h | $85K | $350K | 75x | as long as short |
| Kraken Futures PF_ORDIUSD | −0.171% | +0.0195% | 1h | $65K | $35K | 25x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | −0.155% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| Bybit ORDIUSDT | −0.102% | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| Gate ORDI_USDT | −0.061% | +0.0094% | 4h | $1.3M | $2.7M | 50x | as long as short |
| BloFin ORDI-USDTshort | −0.041% | +0.0067% | 4h | $631K | $299K | 75x | |
| dYdX ORDI-USD | −0.017% | 0.0000% | 1h | $34K | $651 | 5x | as long as short |
| Aster ORDIUSDT | −0.014% | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | −0.008% | +0.0100% | 4h | $891K | $812K | 50x | as long as short |
| OKX ORDI-USDT-SWAP | 0.000% | +0.0100% | 4h | $5.4M | $16.2M | 20x | as long as short |
| MEXC ORDI_USDTlong | 0.000% | +0.0100% | 4h | $6.7M | $3.1M | 200x | |
| BingX ORDI-USDT | 0.000% | +0.0100% | 4h | — | $26.8M | — | as long as short |
| Extended ORDI-USD | +0.031% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| Bitget ORDIUSDT | +0.041% | +0.0100% | 4h | $2.9M | $2.8M | 50x | as long as short |
| Binance ORDIUSDT | +0.041% | +0.0100% | 4h | $10.0M | $29.6M | 50x | as long as short |
| Variational Omni ORDI | +0.136% | +0.0100% | 4h | $24K | $58K | — | as long as short |
| Hyperliquid ORDI | +0.142% | +0.0100% | 1h | $915K | $535K | 3x | as long as short |