ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.54 per $10,000 · paid last 24h +0.010%

Price spread now: Variational Omni against Gate−0.309%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.309% cheaper against Gate than usual: you would sell low and buy high (spread −0.309% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 9.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ORDI_USDT	4.8400	−0.0008	get 0.0004% / 4h	2h 37m	$1.2M	$2.7M	50x
Short	Variational Omni ORDI	4.8250	0.0100	get 0.0050% / 4h	2h 37m	$24K	$56K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now −0.309%Rate

Funding earned: $22.68
Price spread: −0.309% → 0.000%: −$30.94
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.26
Costs to cover: 0.150%
Break-even: 14.2 days

Slippage unknown: Gate: live order book, 1 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 1 min ago	2.07 bp	18.0 bp −$18	166.9 bp −$1,669	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ORDI_USDTlong	−0.0008%	4h	4.8400	long leg	$1.2M	$2.7M	50x
dYdX ORDI-USD	0.0000%	1h	4.8333	−0.138%	$33K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−5.888%	$776	$20K	5.5x	as long as short
Hyperliquid ORDI	+0.0100%	1h	4.8476	+0.157%	$707K	$643K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.8430	+0.062%	$4K	$414K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.8440	+0.083%	$9.8M	$30.6M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.8390	−0.021%	$4.1M	$4.1M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.8400	0.000%	$5.3M	$16.1M	20x	as long as short
MEXC ORDI_USDT	+0.0100%	4h	4.8440	+0.083%	$7.1M	$3.3M	200x	as long as short
KuCoin ORDIUSDTM	+0.0100%	4h	4.8383	−0.035%	$925K	$825K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ORDIUSDT	+0.0100%	4h	4.8410	+0.021%	$2.8M	$2.9M	50x	as long as short
BingX ORDI-USDT	+0.0100%	4h	4.8410	+0.021%	—	$24.5M	—	as long as short
Variational Omni ORDIshort	+0.0100%	4h	4.8250	−0.309%	$24K	$56K	—
SunX ORDI-USDT	+0.0100%	4h	4.8390	−0.021%	$2K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	4.8400	0.000%	$88K	$362K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	4.8434	+0.071%	$4K	$172K	5x	as long as short
BloFin ORDI-USDT	+0.0109%	4h	4.8480	+0.165%	$602K	$297K	75x	as long as short
GMX ORDI/USD [WBTC.b-USDC]	L +0.0238% / S −0.3359%	1h	4.8427	+0.057%	$8K	—	100x	as long as short
Kraken Futures PF_ORDIUSD	+0.2506%	1h	4.8546	+0.301%	$65K	$42K	25x	as long as short