Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended−0.105%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$780.784% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.105%, 7d avg −0.025%
=Together, before fees+0.150%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.080% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8641 | 0.0104 | pay 0.0013% / 1h | 23m 28s | $5K | $172K | 5x |
| Short | HTX ORDI-USDT | 4.8590 | 0.0100 | get 0.0050% / 4h | 23m 28s | $88K | $355K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$0.84
- Price spread: −0.105% → −0.025%
- −$7.98
- Slippage, 4 orders
- −$61.37
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$87.18
- Costs to cover
- 0.784%
- Break-even
- never at this rate
Slippage from Extended: live order book, 53 min ago; HTX: live order book, 54 min ago.
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, 53 min ago | 2.77 bp | 16.5 bp −$16 | 143.2 bp −$1,432 | doesn't fit | doesn't fit |
| Sell HTX live order book, 54 min ago | 9.28 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
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-USD | 0.0000% | 1h | 4.8627 | −0.030% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.355% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8694 | +0.109% | $708K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8623 | −0.038% | $4K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8636 | −0.012% | $10.0M | $31.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8610 | −0.064% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8590 | −0.105% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8590 | −0.105% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8640 | −0.002% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8609 | −0.066% | $933K | $810K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8620 | −0.044% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8680 | +0.080% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8664 | +0.048% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8550 | −0.188% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.8590 | −0.105% | $88K | $355K | 75x | |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8641 | long leg | $5K | $172K | 5x | |
| BloFin ORDI-USDT | +0.0160% | 4h | 4.8660 | +0.039% | $608K | $308K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8606 | −0.072% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3040% | 1h | 4.8744 | +0.212% | $65K | $43K | 25x | as long as short |
Extended ORDI-USD
HTX ORDI-USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD