Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: SunX against Gate+0.062%7-day average −0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1741.739% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 3 days (all we have)−0.144%−$14 · spread now +0.062%, 7d avg −0.125%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.187% dearer against Gate than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.125%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.8550 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $1.2M | $2.7M | 50x |
| Short | SunX ORDI-USDT | 4.8580 | 0.0100 | get 0.0050% / 4h | 1h 32m | $2K | $1.2M | 20x |
Gate ORDI_USDT
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.062% → −0.125%
- $18.66
- Slippage, 4 orders
- −$150.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$155.24
- Costs to cover
- 1.739%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 11 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, 5 min ago | 3.09 bp | 21.6 bp −$22 | 130.9 bp −$1,309 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 30.83 bp | 49.8 bp −$50 | 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 | 4.8606 | +0.116% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.179% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8662 | +0.231% | $707K | $647K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8642 | +0.189% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8581 | +0.065% | $9.9M | $30.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8540 | −0.021% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8540 | −0.021% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.8550 | long leg | $1.2M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8590 | +0.082% | $7.0M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8595 | +0.093% | $928K | $826K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8600 | +0.103% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8550 | 0.000% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8559 | +0.019% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8580 | +0.062% | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8570 | +0.041% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8589 | +0.081% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0144% | 4h | 4.8590 | +0.082% | $603K | $307K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8580 | +0.063% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2957% | 1h | 4.8715 | +0.339% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD