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: Gate against HTX−0.062%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.993% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.062%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.073% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8610 | 0.0100 | pay 0.0050% / 4h | 1h 53m | $88K | $363K | 75x |
| Short | Gate ORDI_USDT | 4.8580 | 0.0100 | get 0.0050% / 4h | 1h 53m | $1.2M | $2.7M | 50x |
HTX ORDI-USDT
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.062% → +0.011%
- −$7.25
- Slippage, 4 orders
- −$72.27
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$106.52
- Costs to cover
- 0.993%
- Break-even
- never at this rate
Slippage from HTX: live order book, 29 min ago; Gate: live order book, 4 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, 29 min ago | 9.24 bp | 18.1 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 4.14 bp | 25.5 bp −$25 | 84.5 bp −$845 | 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 | 4.8586 | −0.049% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.295% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8652 | +0.086% | $708K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8656 | +0.095% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8613 | +0.007% | $9.9M | $30.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8590 | −0.041% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8600 | −0.021% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8580 | −0.062% | $1.2M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8620 | +0.021% | $7.0M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8625 | +0.031% | $929K | $823K | 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 | 4.8630 | +0.041% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8540 | −0.144% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8496 | −0.235% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8570 | −0.082% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8610 | long leg | $88K | $363K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8622 | +0.024% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0126% | 4h | 4.8670 | +0.123% | $602K | $300K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8620 | +0.020% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2956% | 1h | 4.8735 | +0.257% | $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