Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.042%
Price spread now: BloFin against dYdX+0.181%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.181% 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.87820get 0.0000% / 1h22m 07s$33K$6515x
ShortBloFin ORDI-USDT4.88700.0159get 0.0080% / 4h22m 07s$598K$305K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$33.41
Price spread: +0.181% → 0.000%
$18.09
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$29.5
Costs to cover
0.220%
Break-even
0.8 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 14 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX no order-book sample
Sell BloFin live order book, 14 min ago4.13 bp14.3 bp −$1431.2 bp −$312doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0371%1h4.8897+0.236%$72K$44K25xas long as short
dYdX ORDI-USDlong0.0000%1h4.8782long leg$33K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.625%$776$20K5.5xas long as short
Aster ORDIUSDT+0.0100%4h4.8878+0.198%$14K$428K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8919+0.281%$10.0M$33.6M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8860+0.160%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8900+0.242%$5.2M$17.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8870+0.181%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8920+0.283%$6.8M$3.4M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8866+0.173%$975K$876K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8900+0.242%$2.9M$3.6M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8870+0.181%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8761−0.043%$24K$53Kas long as short
SunX ORDI-USDT+0.0100%4h4.8890+0.222%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8840+0.119%$81K$402K75xas long as short
Extended ORDI-USD+0.0104%1h4.8926+0.297%$2K$188K5xas long as short
BloFin ORDI-USDTshort+0.0159%4h4.8870+0.181%$598K$305K75x
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8889+0.220%$8K100xas long as short
Hyperliquid ORDI+0.0402%1h4.8958+0.361%$705K$660K3xas long as short