Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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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: Variational Omni against BingX−0.415%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.415% cheaper against BingX than usual: you would sell low and buy high, −$42 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ORDI-USDT4.90000.0100pay 0.0050% / 4h1h 41m$27.1M
ShortVariational Omni ORDI4.87960.0100get 0.0050% / 4h1h 41m$24K$55K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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

Profit calculator

Funding earned
$0
Price spread: −0.415% → 0.000%
−$41.54
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$51.54
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago2.04 bp8.9 bp −$916.1 bp −$16145.0 bp −$4,502372.9 bp −$186.5K
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0349%1h4.9057+0.117%$72K$46K25xas long as short
dYdX ORDI-USD0.0000%1h4.9071+0.144%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.041%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0079%4h4.9210+0.429%$614K$306K75xas long as short
Aster ORDIUSDT+0.0100%4h4.9075+0.153%$12K$427K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9017+0.035%$10.1M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8960−0.082%$4.2M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8950−0.102%$5.3M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9010+0.020%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9030+0.061%$7.0M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.9071+0.145%$956K$875K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9030+0.061%$2.9M$3.5M50xas long as short
BingX ORDI-USDTlong+0.0100%4h4.9000long leg$27.1M
Variational Omni ORDIshort+0.0100%4h4.8796−0.415%$24K$55K
SunX ORDI-USDT+0.0100%4h4.9090+0.184%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9110+0.224%$82K$390K75xas long as short
Extended ORDI-USD+0.0104%1h4.9055+0.112%$3K$195K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9122+0.250%$8K100xas long as short
Hyperliquid ORDI+0.0292%1h4.9166+0.339%$710K$661K3xas long as short