ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against MEXC−0.027%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$620.621% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.027%, 7d avg −0.027%

Together, before fees+0.061%+$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ORDI_USDT	4.8780	0.0100	pay 0.0050% / 4h	3h 45m	$7.1M	$3.3M	200x
Short	KuCoin ORDIUSDTM	4.8767	0.0100	get 0.0050% / 4h	3h 45m	$940K	$814K	50x

Funding history

latest

Range statsloading…

KuCoin against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee MEXCbpFee KuCoinbpOrdersPrice spread, now −0.027%Rate

Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 19 min ago.

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	3.5 bp −$3	8.3 bp −$83	44.9 bp −$4,486	104.8 bp −$52.4K
Sell KuCoin live order book, 19 min ago	6.05 bp	23.4 bp −$23	567.9 bp −$5,679	doesn't fit	doesn't fit

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	4.8713	−0.137%	$33K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−6.622%	$776	$20K	5.5x	as long as short
Hyperliquid ORDI	+0.0100%	1h	4.8872	+0.189%	$709K	$654K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.8752	−0.058%	$5K	$420K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.8792	+0.026%	$10.0M	$31.5M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.8750	−0.062%	$4.1M	$4.2M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.8790	+0.021%	$5.3M	$16.5M	20x	as long as short
Gate ORDI_USDT	+0.0100%	4h	4.8740	−0.082%	$1.3M	$2.6M	50x	as long as short
MEXC ORDI_USDTlong	+0.0100%	4h	4.8780	long leg	$7.1M	$3.3M	200x
KuCoin ORDIUSDTMshort	+0.0100%	4h	4.8767	−0.027%	$940K	$814K	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ORDIUSDT	+0.0100%	4h	4.8790	+0.021%	$2.9M	$3.0M	50x	as long as short
BingX ORDI-USDC	+0.0100%	4h	4.8740	−0.082%	—	$2.3M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	4.8702	−0.159%	$24K	$56K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	4.8720	−0.123%	$1K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	4.8770	−0.021%	$89K	$355K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	4.8772	−0.017%	$4K	$192K	5x	as long as short
BloFin ORDI-USDT	+0.0145%	4h	4.8780	0.000%	$601K	$309K	75x	as long as short
GMX ORDI/USD [WBTC.b-USDC]	L +0.0239% / S −0.3359%	1h	4.8770	−0.020%	$8K	—	100x	as long as short
Kraken Futures PF_ORDIUSD	+0.2965%	1h	4.8967	+0.384%	$66K	$40K	25x	as long as short