Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Gate−0.143%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$680.683% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 7 days+0.143%+$14 · spread now −0.143%, 7d avg +0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.164% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.8950 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $1.2M | $2.7M | 50x |
| Short | OKX ORDI-USDT-SWAP | 4.8880 | 0.0100 | get 0.0050% / 4h | 3h 14m | $5.2M | $17.7M | 20x |
Gate ORDI_USDT
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −0.143% → +0.021%
- −$16.37
- Slippage, 4 orders
- −$43.28
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$84.65
- Costs to cover
- 0.683%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 2.05 bp | 23.7 bp −$24 | 156.9 bp −$1,569 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.02 bp | 13.7 bp −$14 | 42.9 bp −$429 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0448% | 1h | 4.8858 | −0.188% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8908 | −0.086% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.946% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0054% | 4h | 4.8970 | +0.041% | $589K | $300K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8963 | +0.027% | $706K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8946 | −0.008% | $10K | $344K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8917 | −0.067% | $9.9M | $33.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8880 | −0.143% | $4.1M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.8880 | −0.143% | $5.2M | $17.7M | 20x | |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.8950 | long leg | $1.2M | $2.7M | 50x |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8890 | −0.123% | $6.8M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8922 | −0.057% | $1.0M | $789K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8890 | −0.123% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8870 | −0.163% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8963 | +0.026% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8860 | −0.184% | $1K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8860 | −0.184% | $87K | $343K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8933 | −0.035% | $2K | $226K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8870 | −0.163% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]