ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.18 per $10,000 · paid last 24h −0.015%

Price spread now: HTX against BloFin−0.021%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 3 days (all we have)−0.069%−$7 · spread now −0.021%, 7d avg −0.078%

Together, before fees−0.058%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.057% dearer against BloFin than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.078%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ORDI-USDT	4.8640	0.0135	pay 0.0068% / 4h	18m 54s	$606K	$308K	75x
Short	HTX ORDI-USDT	4.8630	0.0100	get 0.0050% / 4h	18m 54s	$89K	$355K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee HTXbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$7.43
Price spread: −0.021% → −0.078%: $5.72
Slippage, 4 orders: −$45.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$71.6
Costs to cover: 0.699%
Break-even: never at this rate

Slippage from BloFin: live order book, 57 min ago; HTX: live order book, 59 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, 57 min ago	1.03 bp	15.4 bp −$15	44.2 bp −$442	doesn't fit	doesn't fit
Sell HTX live order book, 59 min ago	9.28 bp	28.4 bp −$28	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	4.8611	−0.059%	$33K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−6.353%	$776	$20K	5.5x	as long as short
Hyperliquid ORDI	+0.0100%	1h	4.8695	+0.113%	$708K	$652K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.8644	+0.009%	$4K	$419K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.8664	+0.049%	$10.0M	$31.3M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.8600	−0.082%	$4.1M	$4.2M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.8610	−0.062%	$5.3M	$16.5M	20x	as long as short
Gate ORDI_USDT	+0.0100%	4h	4.8610	−0.062%	$1.3M	$2.8M	50x	as long as short
MEXC ORDI_USDT	+0.0100%	4h	4.8640	0.000%	$7.0M	$3.3M	200x	as long as short
KuCoin ORDIUSDTM	+0.0100%	4h	4.8629	−0.023%	$933K	$810K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ORDIUSDT	+0.0100%	4h	4.8640	0.000%	$2.9M	$3.0M	50x	as long as short
BingX ORDI-USDC	+0.0100%	4h	4.8630	−0.021%	—	$2.3M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	4.8618	−0.044%	$24K	$56K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	4.8560	−0.164%	$1K	$1.2M	20x	as long as short
HTX ORDI-USDTshort	+0.0100%	4h	4.8630	−0.021%	$89K	$355K	75x
Extended ORDI-USD	+0.0104%	1h	4.8655	+0.031%	$5K	$172K	5x	as long as short
BloFin ORDI-USDTlong	+0.0135%	4h	4.8640	long leg	$606K	$308K	75x
GMX ORDI/USD [WBTC.b-USDC]	L +0.0239% / S −0.3359%	1h	4.8647	+0.014%	$8K	—	100x	as long as short
Kraken Futures PF_ORDIUSD	+0.3037%	1h	4.8792	+0.313%	$65K	$43K	25x	as long as short