Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.11 per $10,000 · paid last 24h +0.012%
Price spread now: BloFin against HTX+0.226%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.226%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.147% dearer against HTX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.079%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8770 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $81K | $393K | 75x |
| Short | BloFin ORDI-USDT | 4.8880 | 0.0123 | get 0.0061% / 4h | 1h 36m | $609K | $304K | 75x |
HTX ORDI-USDT
BloFin ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.79
- Price spread: +0.226% → +0.079%
- $14.69
- Slippage, 4 orders
- −$56.79
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$61.3
- Costs to cover
- 0.808%
- Break-even
- 96.5 days
Slippage from HTX: live order book, 26 min ago; BloFin: 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, 26 min ago | 14.34 bp | 23.0 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.05 bp | 9.5 bp −$9 | 34.2 bp −$342 | 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 | −0.0351% | 1h | 4.8752 | −0.036% | $71K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8770 | +0.001% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.602% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8830 | +0.123% | $12K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8912 | +0.291% | $10.0M | $33.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8860 | +0.185% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8900 | +0.267% | $5.3M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8810 | +0.082% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8890 | +0.246% | $7.0M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8830 | +0.123% | $952K | $866K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance 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 | 4.8900 | +0.267% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8830 | +0.123% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8950 | +0.370% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8750 | −0.041% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8770 | long leg | $81K | $393K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8896 | +0.258% | $3K | $195K | 5x | as long as short |
| BloFin ORDI-USDTshort | +0.0123% | 4h | 4.8880 | +0.226% | $609K | $304K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8798 | +0.056% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0277% | 1h | 4.8911 | +0.289% | $706K | $661K | 3x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI