Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Hyperliquid against Extended+0.113%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.113%, 7d avg +0.111%
=Together, before fees+0.034%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8809 | 0.0104 | pay 0.0013% / 1h | 53m 41s | $2K | $195K | 5x |
| Short | Hyperliquid ORDI | 4.8864 | 0.0100 | get 0.0013% / 1h | 53m 41s | $707K | $660K | 3x |
Extended ORDI-USD
Hyperliquid ORDIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.113% → +0.111%
- $0.17
- Slippage, 4 orders
- −$64.34
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$79.01
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Extended: live order book, 13 min ago; Hyperliquid: live order book, 66 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, 13 min ago | 3.63 bp | 17.9 bp −$18 | 145.0 bp −$1,450 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 66 min ago | 2.46 bp | 26.8 bp −$27 | 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 | 4.8776 | −0.067% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.677% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDIshort | +0.0100% | 1h | 4.8864 | +0.113% | $707K | $660K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8798 | −0.022% | $6K | $418K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8870 | +0.125% | $10.0M | $32.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8840 | +0.064% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8870 | +0.125% | $5.3M | $17.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8760 | −0.100% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8810 | +0.003% | $7.1M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8777 | −0.065% | $948K | $885K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8820 | +0.023% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8800 | −0.018% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8672 | −0.279% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8720 | −0.182% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8670 | −0.284% | $89K | $354K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8809 | long leg | $2K | $195K | 5x | |
| BloFin ORDI-USDT | +0.0121% | 4h | 4.8680 | −0.264% | $612K | $310K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8648 | −0.330% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3065% | 1h | 4.8789 | −0.040% | $72K | $49K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD