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: SunX against Bybit−0.062%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1741.740% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 3 days (all we have)−0.087%−$9 · spread now −0.062%, 7d avg −0.120%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.058% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.120%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDIUSDT | 4.8460 | 0.0100 | pay 0.0050% / 4h | 1h 27m | $4.1M | $4.2M | 50x |
| Short | SunX ORDI-USDT | 4.8430 | 0.0100 | get 0.0050% / 4h | 1h 27m | $2K | $1.2M | 20x |
Bybit ORDIUSDT
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.062% → −0.120%
- $5.83
- Slippage, 4 orders
- −$155.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$168.21
- Costs to cover
- 1.740%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 3.10 bp | 21.0 bp −$21 | 73.7 bp −$737 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 30.92 bp | 49.9 bp −$50 | 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 | 4.8451 | −0.018% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.005% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0063% | 4h | 4.8520 | +0.124% | $605K | $307K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8559 | +0.204% | $705K | $648K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8506 | +0.095% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8505 | +0.093% | $9.9M | $30.9M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.8460 | long leg | $4.1M | $4.2M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8450 | −0.021% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8480 | +0.041% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8490 | +0.062% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.8479 | +0.039% | $926K | $826K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8490 | +0.062% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8490 | +0.062% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8509 | +0.101% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8430 | −0.062% | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8440 | −0.041% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8481 | +0.043% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8474 | +0.028% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2962% | 1h | 4.8639 | +0.369% | $66K | $42K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD