Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.011%
Price spread now: Extended against Gate+0.124%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$700.696% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)−0.229%−$23 · spread now +0.124%, 7d avg +0.008%
=Together, before fees−0.208%+ Points / potential airdropExtended: Active · farm board−$21 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: Extended is 0.116% dearer against Gate than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.8590 | 0.0100 | pay 0.0050% / 4h | 5m 17s | $1.3M | $2.8M | 50x |
| Short | Extended ORDI-USD | 4.8650 | 0.0104 | get 0.0013% / 1h | 5m 17s | $5K | $172K | 5x |
Gate ORDI_USDT
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Gate. 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: +0.124% → +0.008%
- $11.57
- Slippage, 4 orders
- −$49.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$57.21
- Costs to cover
- 0.696%
- Break-even
- 483.7 days
Slippage from Gate: live order book, 3 min ago; Extended: live order book, 6 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 Gate live order book, 3 min ago | 3.09 bp | 17.8 bp −$18 | 167.2 bp −$1,672 | doesn't fit | doesn't fit |
| Sell Extended live order book, 6 min ago | 2.06 bp | 15.5 bp −$15 | 115.8 bp −$1,158 | 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 | 4.8568 | −0.045% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.256% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0069% | 4h | 4.8650 | +0.123% | $601K | $308K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8721 | +0.270% | $708K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8638 | +0.098% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8660 | +0.144% | $9.9M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8590 | 0.000% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8630 | +0.082% | $5.3M | $16.5M | 20x | as long as short |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.8590 | long leg | $1.3M | $2.8M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8650 | +0.123% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8604 | +0.029% | $939K | $812K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8620 | +0.062% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8550 | −0.082% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8528 | −0.127% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8570 | −0.041% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8620 | +0.062% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8650 | +0.124% | $5K | $172K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8627 | +0.075% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3038% | 1h | 4.8772 | +0.375% | $65K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD