Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Bitget against dYdX+0.180%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.180% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ORDI-USD | 4.8393 | 0 | get 0.0000% / 1h | 30m 54s | $33K | $651 | 5x |
| Short | Bitget ORDIUSDT | 4.8480 | 0.0100 | get 0.0050% / 4h | 2h 30m | $2.8M | $2.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against dYdX. 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
- Price spread: +0.180% → 0.000%
- $17.96
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $16.96
- Costs to cover
- 0.220%
- Break-even
- 1.3 days
Slippage unknown: dYdX: no order-book sample; Bitget: live order book, 2 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 3.10 bp | 13.3 bp −$13 | 27.5 bp −$275 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USDlong | 0.0000% | 1h | 4.8393 | long leg | $33K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.875% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0058% | 4h | 4.8420 | +0.056% | $1.2M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8529 | +0.281% | $707K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8460 | +0.138% | $4K | $414K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8488 | +0.197% | $9.8M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8400 | +0.014% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8450 | +0.118% | $5.3M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8490 | +0.200% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8431 | +0.078% | $926K | $823K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8480 | +0.180% | $2.8M | $2.9M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8440 | +0.097% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8363 | −0.061% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.089% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8390 | −0.006% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8483 | +0.185% | $4K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.8490 | +0.200% | $602K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8468 | +0.155% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2502% | 1h | 4.8627 | +0.484% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
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