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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.031%
Price spread now: Extended against dYdX+0.141%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 fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.141% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.84520get 0.0000% / 1h30m 02s$33K$6515x
ShortExtended ORDI-USD4.85210.0104get 0.0013% / 1h30m 02s$5K$172K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$21.84
Price spread: +0.141% → 0.000%
$14.14
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$20.98
Costs to cover
0.150%
Break-even
0.3 days
Slippage unknown: dYdX: no order-book sample; Extended: live order book, 51 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 Extended live order book, 51 min ago3.19 bp17.4 bp −$17125.3 bp −$1,253doesn'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
dYdX ORDI-USDlong0.0000%1h4.8452long leg$33K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.990%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8578+0.260%$706K$647K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8519+0.139%$5K$415K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8530+0.160%$9.9M$30.9M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8470+0.037%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8500+0.099%$5.3M$16.2M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8490+0.078%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8540+0.181%$7.0M$3.2M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8492+0.082%$926K$826K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8510+0.119%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8500+0.099%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8509+0.117%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8450−0.005%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8460+0.016%$88K$362K75xas long as short
Extended ORDI-USDshort+0.0104%1h4.8521+0.141%$5K$172K5x
BloFin ORDI-USDT+0.0143%4h4.8530+0.160%$603K$307K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8489+0.075%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2962%1h4.8642+0.391%$66K$42K25xas long as short