After costs, if the gap returns to its 7d average, $10k−$77
spread now−0.246%7d average−0.016%fees + slippage, in and out−$54spread needed0.537%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ORDI_USDT | 4.8800 | 0.0100 | pay 0.0050% / 4h | 2h 10m | $6.6M | $3.2M | 200x |
| Short | Gate ORDI_USDT | 4.8680 | −0.0062 | pay 0.0031% / 4h | 2h 10m | $1.3M | $2.6M | 50x |
MEXC ORDI_USDT
Gate 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
- −$24.59
- Funding while held
- −$4.86
- Slippage, 4 orders
- −$38.66
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$83.11
- Spread needed to break even
- 0.537%
Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0162%
- Per $10,000 a day
- −$4.86
- 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 | 1.02 bp | 4.3 bp −$4 | 19.5 bp −$195 | 54.8 bp −$5,482 | 105.5 bp −$52.8K |
| Sell Gate live order book, 4 min ago | 2.04 bp | 21.5 bp −$22 | 80.9 bp −$809 | doesn't fit | doesn't fit |
ORDI price on every exchange
against the cheapest. Click to use as the short leg.Injective4.5550cheapest
BloFin4.8610+6.718%Bybit4.8660+6.828%SunX4.8670+6.850%OKX4.8680+6.872%
Injective
BloFin
Bybit
SunX
OKXGate4.8680+6.872%
Bitget4.8680+6.872%BingX4.8680+6.872%KuCoin4.8704+6.924%Binance4.8709+6.935%Aster4.8711+6.940%Variational Omni4.8714+6.947%dYdX4.8734+6.990%HTX4.8750+7.025%GMX4.8763+7.054%Kraken Futures4.8764+7.056%Extended4.8767+7.063%Hyperliquid4.8798+7.131%
Bitget
BingX
KuCoin
Binance
Aster
Variational Omni
dYdX
HTX
GMX
Kraken Futures
Extended
HyperliquidMEXC4.8800+7.135%
ORDI on 19 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ORDI/USDC PERP | −6.660% | +0.0033% | 1h | $776 | $52K | 5.5x | as long as short |
| BloFin ORDI-USDT | −0.389% | +0.0044% | 4h | $643K | $296K | 75x | as long as short |
| Bybit ORDIUSDT | −0.287% | +0.0100% | 4h | $4.1M | $3.7M | 50x | as long as short |
| SunX ORDI-USDT | −0.266% | +0.0100% | 4h | $1K | $1.2M | 20x | as long as short |
| OKX ORDI-USDT-SWAP | −0.246% | +0.0100% | 4h | $5.4M | $15.8M | 20x | as long as short |
| Gate ORDI_USDTshort | −0.246% | −0.0062% | 4h | $1.3M | $2.6M | 50x | |
| Bitget ORDIUSDT | −0.246% | +0.0100% | 4h | $2.9M | $2.8M | 50x | as long as short |
| BingX ORDI-USDC | −0.246% | +0.0100% | 4h | — | $2.3M | — | as long as short |
| KuCoin ORDIUSDTM | −0.197% | +0.0100% | 4h | $900K | $793K | 50x | as long as short |
| Binance ORDIUSDT | −0.187% | +0.0100% | 4h | $10.0M | $29.0M | 50x | as long as short |
Show all 19 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster ORDIUSDT | −0.182% | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
| Variational Omni ORDI | −0.176% | +0.0100% | 4h | $24K | $58K | — | as long as short |
| dYdX ORDI-USD | −0.135% | 0.0000% | 1h | $33K | $651 | 5x | as long as short |
| HTX ORDI-USDT | −0.102% | +0.0100% | 4h | $85K | $341K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | −0.076% | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | −0.073% | +0.0196% | 1h | $64K | $35K | 25x | as long as short |
| Extended ORDI-USD | −0.067% | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| Hyperliquid ORDI | −0.004% | +0.0100% | 1h | $907K | $538K | 3x | as long as short |
| MEXC ORDI_USDTlong | 0.000% | +0.0100% | 4h | $6.6M | $3.2M | 200x |