Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX−0.014%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$780.780% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 3 days (all we have)+0.080%+$8 · spread now −0.014%, 7d avg +0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.079% cheaper against HTX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8620 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $88K | $362K | 75x |
| Short | Binance ORDIUSDT | 4.8613 | 0.0100 | get 0.0050% / 4h | 1h 38m | $9.9M | $30.8M | 50x |
HTX ORDI-USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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: −0.014% → +0.065%
- −$7.93
- Slippage, 4 orders
- −$55.96
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$85.89
- Costs to cover
- 0.780%
- Break-even
- never at this rate
Slippage from HTX: live order book, 45 min ago; Binance: live order book, 3 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 HTX live order book, 45 min ago | 9.24 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.03 bp | 11.6 bp −$12 | 26.5 bp −$265 | 321.0 bp −$32.1K | 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 | 4.8709 | +0.183% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.314% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8662 | +0.086% | $707K | $647K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8658 | +0.078% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8613 | −0.014% | $9.9M | $30.8M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8570 | −0.103% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8570 | −0.103% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8620 | 0.000% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8630 | +0.021% | $7.0M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8644 | +0.049% | $930K | $825K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | −0.041% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8660 | +0.082% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8754 | +0.276% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8590 | −0.062% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8620 | long leg | $88K | $362K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8668 | +0.099% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0132% | 4h | 4.8780 | +0.329% | $601K | $309K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8661 | +0.084% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2957% | 1h | 4.8719 | +0.203% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD