Funding you earn now, next payment 05:00 UTC+0.3255%/8h= +356.4% APRnext payment +$4.07 per $10,000 · paid last 24h +0.539%
Price spread now: GMX against Extended−0.015%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$98 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.9499 | 0.0104 | pay 0.0013% / 1h | 53m 45s | $3K | $185K | 5x |
| Short | GMX ORDI/USD [WBTC.b-USDC] | 4.9492 | L +0.0240% / S −0.3359% | get 0.0420% / 1h | 53m 45s | $8K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. 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
- $683.45
- Price spread: −0.015% → 0.000%
- −$1.51
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $664.94
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Extended: live order book, 63 min ago; GMX: no order-book sample. 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 Extended live order book, 63 min ago | 3.39 bp | 16.8 bp −$17 | 100.6 bp −$1,006 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0570% | 1h | 4.9263 | −0.477% | $72K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9476 | −0.046% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.978% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0052% | 4h | 4.9500 | +0.002% | $607K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9594 | +0.192% | $713K | $660K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9547 | +0.096% | $12K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9565 | +0.133% | $10.2M | $33.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9530 | +0.062% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9570 | +0.143% | $5.3M | $17.6M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9520 | +0.042% | $1.3M | $2.7M | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9510 | +0.022% | $6.9M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9528 | +0.058% | $987K | $855K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9500 | +0.002% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9480 | −0.039% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9306 | −0.389% | $24K | $43K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9440 | −0.119% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9520 | +0.042% | $83K | $410K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.9499 | long leg | $3K | $185K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC]short | L +0.0240% / S −0.3359% | 1h | 4.9492 | −0.015% | $8K | — | 100x |
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT