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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended−0.112%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.112% cheaper against Extended than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ORDI-USD4.83910.0104pay 0.0013% / 1h48m 02s$5K$185K5x
ShortVariational Omni ORDI4.83370.0100get 0.0050% / 4h48m 02s$24K$55K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$0.84
Price spread: −0.112% → 0.000%
−$11.16
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$17
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 8 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 8 min ago3.39 bp16.8 bp −$17100.6 bp −$1,006doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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−0.0376%1h4.8350−0.084%$71K$44K25xas long as short
dYdX ORDI-USD0.0000%1h4.8306−0.174%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.870%$776$20K5.5xas long as short
Aster ORDIUSDT+0.0100%4h4.8357−0.069%$14K$428K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8390−0.001%$9.9M$33.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8320−0.146%$4.1M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8350−0.084%$5.2M$17.3M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8310−0.166%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8400+0.020%$6.8M$3.4M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8319−0.148%$965K$873K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8380−0.022%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8340−0.104%$2.3Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8337−0.112%$24K$55K
SunX ORDI-USDT+0.0100%4h4.8330−0.125%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8350−0.084%$82K$401K75xas long as short
Extended ORDI-USDlong+0.0104%1h4.8391long leg$5K$185K5x
BloFin ORDI-USDT+0.0154%4h4.8230−0.332%$599K$302K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8382−0.017%$8K100xas long as short
Hyperliquid ORDI+0.0467%1h4.8470+0.164%$698K$660K3xas long as short