Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%
Price spread now: Gate against dYdX+0.136%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 Gate is 0.136% 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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ORDI-USD | 4.8724 | 0 | get 0.0000% / 1h | 2m 05s | $33K | $651 | 5x |
| Short | Gate ORDI_USDT | 4.8790 | 0.0100 | get 0.0050% / 4h | 2m 05s | $1.3M | $2.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.136% → 0.000%
- $13.61
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $9.61
- Costs to cover
- 0.250%
- Break-even
- 3.8 days
Slippage unknown: dYdX: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 3.08 bp | 18.9 bp −$19 | 74.3 bp −$743 | 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 | 4.8724 | long leg | $33K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.514% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0088% | 4h | 4.8780 | +0.116% | $601K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8933 | +0.430% | $710K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8782 | +0.120% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8857 | +0.274% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8820 | +0.198% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8840 | +0.239% | $5.3M | $16.6M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8790 | +0.136% | $1.3M | $2.8M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8870 | +0.300% | $7.0M | $3.3M | 200x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8760 | +0.075% | $942K | $812K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8870 | +0.300% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8810 | +0.177% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8528 | −0.401% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | +0.033% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8770 | +0.095% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8790 | +0.137% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8789 | +0.134% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3029% | 1h | 4.8912 | +0.386% | $66K | $43K | 25x | as long as short |
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD