Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.036%
Price spread now: Injective against BloFin−6.908%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Injective is 6.908% cheaper against BloFin than usual: you would sell low and buy high (−$691 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.8930 | 0.0137 | pay 0.0069% / 4h | 2h 53m | $603K | $307K | 75x |
| Short | Injective ORDI/USDC PERP | 4.5550 | 0.0033 | get 0.0004% / 1h | 53m 42s | $776 | $20K | 5.5x |
BloFin ORDI-USDT
Injective ORDI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$21.82
- Price spread: −6.908% → 0.000%
- −$690.78
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$724.62
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 38 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 38 min ago | 3.02 bp | 12.0 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0715% | 1h | 4.8775 | −0.317% | $69K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0430% | 4h | 4.8820 | −0.225% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8787 | −0.293% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERPshort | +0.0033% | 1h | 4.5550 | −6.908% | $776 | $20K | 5.5x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8915 | −0.031% | $706K | $665K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8833 | −0.198% | $7K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8840 | −0.184% | $9.9M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8800 | −0.266% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8830 | −0.204% | $5.2M | $17.7M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8880 | −0.102% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8835 | −0.194% | $974K | $822K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8820 | −0.225% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8790 | −0.286% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8856 | −0.150% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8760 | −0.347% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8770 | −0.327% | $82K | $408K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8827 | −0.210% | $4K | $180K | 5x | as long as short |
| BloFin ORDI-USDTlong | +0.0137% | 4h | 4.8930 | long leg | $603K | $307K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8782 | −0.303% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]