Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Binance+0.144%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. dYdX is 0.144% dearer against Binance than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORDIUSDT | 4.9759 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $10.3M | $31.9M | 50x |
| Short | dYdX ORDI-USD | 4.9830 | 0 | get 0.0000% / 1h | 6m 48s | $34K | $651 | 5x |
Binance ORDIUSDT
dYdX ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Binance. 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
- −$21
- Price spread: +0.144% → 0.000%
- $14.36
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$26.64
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
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 Binance live order book, 5 min ago | 1.01 bp | 12.5 bp −$12 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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-USDshort | 0.0000% | 1h | 4.9830 | +0.144% | $34K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −8.458% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0049% | 4h | 4.9850 | +0.184% | $615K | $317K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9819 | +0.121% | $721K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9838 | +0.159% | $3K | $423K | 5x | as long as short |
| Binance ORDIUSDTlong | +0.0100% | 4h | 4.9759 | long leg | $10.3M | $31.9M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9700 | −0.118% | $4.2M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9670 | −0.178% | $5.5M | $17.0M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9810 | +0.103% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9740 | −0.037% | $7.2M | $3.4M | 200x | as long as short |
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9859 | +0.202% | $940K | $828K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9790 | +0.063% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9820 | +0.123% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9672 | −0.174% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9800 | +0.083% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9880 | +0.244% | $91K | $351K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9850 | +0.183% | $4K | $192K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9863 | +0.210% | $9K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2905% | 1h | 4.9989 | +0.463% | $67K | $39K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD