Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.016%
Price spread now: SunX against BloFin−0.162%56s7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1601.603% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.162%, 7d avg −0.187%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.025% dearer against BloFin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.187%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.9440 | 0.0098 | pay 0.0049% / 4h | 3h 27m | $611K | $310K | 75x |
| Short | SunX ORDI-USDT | 4.9360 | 0.0100 | get 0.0050% / 4h | 3h 27m | $1K | $1.2M | 20x |
BloFin ORDI-USDT
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $0.35
- Price spread: −0.162% → −0.187%
- $2.48
- Slippage, 4 orders
- −$140.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$157.43
- Costs to cover
- 1.603%
- Break-even
- 3136.0 days
Slippage from BloFin: live order book, 4 min ago; SunX: live order book, 6 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, 4 min ago | 3.02 bp | 12.0 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 31.34 bp | 51.5 bp −$51 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0569% | 1h | 4.9357 | −0.169% | $72K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0466% | 4h | 4.9360 | −0.162% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9325 | −0.232% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.868% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDTlong | +0.0098% | 4h | 4.9440 | long leg | $611K | $310K | 75x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9408 | −0.065% | $712K | $662K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9408 | −0.064% | $10K | $422K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9360 | −0.162% | $10.1M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9300 | −0.283% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9330 | −0.222% | $5.3M | $17.8M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9380 | −0.121% | $6.8M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9429 | −0.022% | $978K | $841K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9370 | −0.142% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9360 | −0.162% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9641 | +0.407% | $24K | $42K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.9360 | −0.162% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9460 | +0.040% | $83K | $410K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9386 | −0.109% | $3K | $180K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9418 | −0.044% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]