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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: KuCoin against dYdX−0.014%7-day average · you buy dearer than you sell
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 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.88030get 0.0000% / 1h8m 14s$33K$5775x
ShortKuCoin ORDIUSDTM4.87960.0100get 0.0050% / 4h8m 14s$1.0M$794K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: −0.014% → 0.000%
−$1.38
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2.38
Costs to cover
0.220%
Break-even
7.8 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago6.24 bp27.7 bp −$28541.0 bp −$5,410doesn'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−0.0305%1h4.8748−0.111%$69K$43K25xas long as short
dYdX ORDI-USDlong0.0000%1h4.8803long leg$33K$5775x
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.665%$776$20K5.5xas long as short
Gate ORDI_USDT+0.0048%4h4.8760−0.088%$1.2M$2.7M50xas long as short
Hyperliquid ORDI+0.0100%1h4.8845+0.087%$705K$667K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8798−0.009%$10K$347K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8796−0.014%$9.9M$33.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8720−0.170%$4.1M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8770−0.067%$5.2M$17.7M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.8790−0.026%$6.6M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTMshort+0.0100%4h4.8796−0.014%$1.0M$794K50x
Bitget ORDIUSDT+0.0100%4h4.8750−0.108%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8760−0.088%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8744−0.121%$26K$32Kas long as short
SunX ORDI-USDT+0.0100%4h4.8800−0.006%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8750−0.108%$85K$338K75xas long as short
Extended ORDI-USD+0.0104%1h4.8781−0.045%$2K$222K5xas long as short
BloFin ORDI-USDT+0.0115%4h4.8880+0.158%$594K$309K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8749−0.111%$8K100xas long as short