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: HTX against Bitget−0.082%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.082%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.036% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.8880 | 0.0100 | pay 0.0050% / 4h | 3h 56m | $2.9M | $3.0M | 50x |
| Short | HTX ORDI-USDT | 4.8840 | 0.0100 | get 0.0050% / 4h | 3h 56m | $89K | $355K | 75x |
Bitget ORDIUSDT
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- Price spread: −0.082% → −0.046%
- −$3.62
- Slippage, 4 orders
- −$48.07
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$75.69
- Costs to cover
- 0.721%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; HTX: live order book, 16 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, 1 min ago | 3.07 bp | 14.2 bp −$14 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell HTX live order book, 16 min ago | 12.35 bp | 20.5 bp −$20 | doesn't fit | 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 | 4.8823 | −0.116% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.813% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0067% | 4h | 4.8860 | −0.041% | $601K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8954 | +0.151% | $710K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8888 | +0.016% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8890 | +0.020% | $10.0M | $31.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8840 | −0.082% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8860 | −0.041% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8850 | −0.061% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8900 | +0.041% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance 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 | 4.8858 | −0.045% | $942K | $813K | 50x | as long as short |
| Bitget ORDIUSDTlong | +0.0100% | 4h | 4.8880 | long leg | $2.9M | $3.0M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8870 | −0.020% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8788 | −0.187% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8790 | −0.184% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.8840 | −0.082% | $89K | $355K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8878 | −0.005% | $5K | $168K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8859 | −0.042% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2964% | 1h | 4.8985 | +0.214% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD