Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget+0.070%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.213%−$21 · spread now +0.070%, 7d avg −0.023%
=Together, before fees−0.262%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.092% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.8450 | 0.0100 | pay 0.0050% / 4h | 2h 35m | $2.8M | $2.9M | 50x |
| Short | Extended ORDI-USD | 4.8484 | 0.0104 | get 0.0013% / 1h | 35m 23s | $4K | $172K | 5x |
Bitget ORDIUSDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- $0.84
- Price spread: +0.070% → −0.023%
- $9.24
- Slippage, 4 orders
- −$50.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.21
- Costs to cover
- 0.673%
- Break-even
- 483.7 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 50 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 Bitget live order book, 2 min ago | 3.10 bp | 21.9 bp −$22 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Extended live order book, 50 min ago | 2.77 bp | 16.6 bp −$17 | 144.6 bp −$1,446 | doesn't fit | doesn't fit |
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-USD | 0.0000% | 1h | 4.8385 | −0.135% | $33K | $651 | 5x | as long as short |
| Gate ORDI_USDT | +0.0014% | 4h | 4.8430 | −0.041% | $1.2M | $2.7M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.986% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8525 | +0.155% | $707K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8430 | −0.041% | $4K | $414K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8490 | +0.083% | $9.8M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8430 | −0.041% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8450 | 0.000% | $5.3M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8480 | +0.062% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8422 | −0.058% | $925K | $825K | 50x | as long as short |
dYdX ORDI-USD
Gate ORDI_USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTlong | +0.0100% | 4h | 4.8450 | long leg | $2.8M | $2.9M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8360 | −0.186% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8363 | −0.179% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8370 | −0.165% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8390 | −0.124% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8484 | +0.070% | $4K | $172K | 5x | |
| BloFin ORDI-USDT | +0.0109% | 4h | 4.8480 | +0.062% | $602K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8465 | +0.030% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2503% | 1h | 4.8619 | +0.350% | $66K | $42K | 25x | as long as short |
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD