Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bybit0.000%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1021.025% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now 0.000%, 7d avg −0.014%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDIUSDT | 4.8270 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $4.0M | $4.2M | 50x |
| Short | HTX ORDI-USDT | 4.8270 | 0.0100 | get 0.0050% / 4h | 1h 55m | $83K | $349K | 75x |
Bybit ORDIUSDT
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: 0.000% → −0.014%
- $1.39
- Slippage, 4 orders
- −$79.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$101.09
- Costs to cover
- 1.025%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; HTX: live order book, 55 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, 5 min ago | 3.10 bp | 22.0 bp −$22 | 75.8 bp −$758 | doesn't fit | doesn't fit |
| Sell HTX live order book, 55 min ago | 12.44 bp | 35.2 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 exchanges
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 | −0.1159% | 1h | 4.8236 | −0.071% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8304 | +0.071% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.635% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0051% | 4h | 4.8320 | +0.104% | $583K | $285K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8357 | +0.180% | $698K | $640K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8297 | +0.057% | $10K | $258K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8297 | +0.057% | $9.8M | $32.2M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.8270 | long leg | $4.0M | $4.2M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8250 | −0.041% | $5.1M | $17.3M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8280 | +0.021% | $1.2M | $2.6M | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8300 | +0.062% | $6.8M | $2.9M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8279 | +0.019% | $1.0M | $745K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8280 | +0.021% | $2.8M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8280 | +0.021% | — | $36.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8238 | −0.067% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8230 | −0.083% | $1K | $1.1M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.8270 | 0.000% | $83K | $349K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8281 | +0.024% | $4K | $226K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8313 | +0.090% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]