Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against BingX−0.147%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.147%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.135% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ORDI-USDC | 4.7700 | 0.0100 | pay 0.0050% / 4h | 1h 28m | — | $2.3M | — |
| Short | HTX ORDI-USDT | 4.7630 | 0.0100 | get 0.0050% / 4h | 1h 28m | $82K | $353K | 75x |
BingX ORDI-USDC
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against BingX. 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: −0.147% → −0.012%
- −$13.52
- Slippage, 4 orders
- −$90.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$125.54
- Costs to cover
- 1.120%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; HTX: live order book, 17 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 BingX live order book, 12 min ago | 1.04 bp | 32.9 bp −$33 | 101.2 bp −$1,012 | 466.6 bp −$46.7K | 575.1 bp −$287.5K |
| Sell HTX live order book, 17 min ago | 12.48 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 exchanges
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 | −0.1172% | 1h | 4.7704 | +0.008% | $68K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.7719 | +0.039% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −4.507% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0066% | 4h | 4.7800 | +0.210% | $577K | $283K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.7833 | +0.279% | $691K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.7781 | +0.170% | $8K | $258K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.7770 | +0.147% | $9.6M | $32.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.7760 | +0.126% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.7750 | +0.105% | $4.9M | $17.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.7750 | +0.105% | $1.2M | $2.6M | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.7790 | +0.189% | $6.5M | $2.9M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.7765 | +0.136% | $957K | $773K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.7750 | +0.105% | $2.7M | $3.4M | 50x | as long as short |
| BingX ORDI-USDClong | +0.0100% | 4h | 4.7700 | long leg | — | $2.3M | — | |
| Variational Omni ORDI | +0.0100% | 4h | 4.7714 | +0.029% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.7720 | +0.042% | $2K | $1.1M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.7630 | −0.147% | $82K | $353K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.7775 | +0.158% | $2K | $226K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.7766 | +0.139% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]