Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against HTX+0.020%7-day average · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$800.798% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.020% dearer against HTX than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.91100.0100pay 0.0050% / 4h0m 15s$82K$410K75x
ShortBingX ORDI-USDT4.91200.0100get 0.0050% / 4h0m 15s$27.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against HTX. 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

Funding earned
$0
Price spread: +0.020% → 0.000%
$2.04
Slippage, 4 orders
−$57.8
Fee HTX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$77.77
Costs to cover
0.798%
Break-even
never at this rate
Slippage from HTX: live order book, 58 min ago; BingX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 58 min ago13.42 bp20.9 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 3 min ago1.02 bp8.2 bp −$815.0 bp −$15042.9 bp −$4,294316.5 bp −$158.3K

ORDI on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0370%1h4.9071−0.079%$72K$44K25xas long as short
dYdX ORDI-USD0.0000%1h4.9136+0.052%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.249%$776$20K5.5xas long as short
Aster ORDIUSDT+0.0100%4h4.9158+0.099%$14K$418K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9140+0.061%$10.1M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9100−0.020%$4.2M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9130+0.041%$5.3M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9120+0.020%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9120+0.020%$6.9M$3.4M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9151+0.083%$980K$855K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.9140+0.061%$2.9M$3.5M50xas long as short
BingX ORDI-USDTshort+0.0100%4h4.9120+0.020%$27.0M
Variational Omni ORDI+0.0100%4h4.9171+0.125%$24K$43Kas long as short
SunX ORDI-USDT+0.0100%4h4.91100.000%$1K$1.2M20xas long as short
HTX ORDI-USDTlong+0.0100%4h4.9110long leg$82K$410K75x
Extended ORDI-USD+0.0104%1h4.9176+0.134%$3K$185K5xas long as short
BloFin ORDI-USDT+0.0142%4h4.9210+0.204%$608K$308K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9134+0.048%$8K100xas long as short
Hyperliquid ORDI+0.0277%1h4.9209+0.202%$708K$661K3xas long as short