Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h −0.014%
Price spread now: Extended against BloFin+0.051%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 3 days (all we have)−0.136%−$14 · spread now +0.051%, 7d avg −0.052%
=Together, before fees−0.175%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.104% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.9040 | 0.0043 | pay 0.0021% / 4h | 46m 40s | $610K | $310K | 75x |
| Short | Extended ORDI-USD | 4.9065 | 0.0104 | get 0.0013% / 1h | 46m 40s | $5K | $172K | 5x |
BloFin ORDI-USDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- $12.89
- Price spread: +0.051% → −0.052%
- $10.36
- Slippage, 4 orders
- −$43.11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$36.85
- Costs to cover
- 0.601%
- Break-even
- 27.0 days
Slippage from BloFin: live order book, 30 min ago; Extended: live order book, 29 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 BloFin live order book, 30 min ago | 1.03 bp | 15.4 bp −$15 | 44.2 bp −$442 | doesn't fit | doesn't fit |
| Sell Extended live order book, 29 min ago | 2.77 bp | 17.8 bp −$18 | 135.5 bp −$1,355 | 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 | 4.8989 | −0.105% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.117% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDTlong | +0.0043% | 4h | 4.9040 | long leg | $610K | $310K | 75x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9115 | +0.153% | $713K | $650K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9062 | +0.045% | $4K | $419K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9085 | +0.091% | $10.1M | $31.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9000 | −0.082% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9050 | +0.020% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9050 | +0.020% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9070 | +0.061% | $7.1M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
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 | 4.9021 | −0.039% | $940K | $819K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9070 | +0.061% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9070 | +0.061% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9029 | −0.023% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8960 | −0.163% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8980 | −0.122% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.9065 | +0.051% | $5K | $172K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9000 | −0.081% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3015% | 1h | 4.9147 | +0.218% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD