Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Bybit+0.082%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days−0.114%−$11 · spread now +0.082%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.057% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDIUSDT | 4.9020 | 0.0100 | pay 0.0050% / 4h | 56m 43s | $4.1M | $4.2M | 50x |
| Short | Bitget ORDIUSDT | 4.9060 | 0.0100 | get 0.0050% / 4h | 56m 43s | $2.9M | $3.0M | 50x |
Bybit ORDIUSDT
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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% → +0.025%
- $5.67
- Slippage, 4 orders
- −$51.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$68.97
- Costs to cover
- 0.746%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 1 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 Bybit live order book, 1 min ago | 1.02 bp | 23.4 bp −$23 | 63.0 bp −$630 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.04 bp | 21.4 bp −$21 | 31.8 bp −$318 | 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 | 4.8993 | −0.056% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.079% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9155 | +0.275% | $714K | $650K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9068 | +0.097% | $4K | $419K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9090 | +0.143% | $10.1M | $31.2M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.9020 | long leg | $4.1M | $4.2M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9070 | +0.102% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9050 | +0.061% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9070 | +0.102% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9046 | +0.053% | $940K | $831K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9060 | +0.082% | $2.9M | $3.0M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9020 | 0.000% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8878 | −0.289% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9020 | 0.000% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8970 | −0.102% | $89K | $358K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9053 | +0.067% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0128% | 4h | 4.9070 | +0.102% | $607K | $311K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9057 | +0.075% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3010% | 1h | 4.9229 | +0.426% | $66K | $43K | 25x | as long as short |
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD