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: OKX against HTX+0.083%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$910.910% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.083%, 7d avg +0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.039% dearer against HTX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8440 | 0.0100 | pay 0.0050% / 4h | 43m 37s | $82K | $401K | 75x |
| Short | OKX ORDI-USDT-SWAP | 4.8480 | 0.0100 | get 0.0050% / 4h | 43m 37s | $5.2M | $17.3M | 20x |
HTX ORDI-USDT
OKX ORDI-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.083% → +0.043%
- $3.93
- Slippage, 4 orders
- −$69.05
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.12
- Costs to cover
- 0.910%
- Break-even
- never at this rate
Slippage from HTX: live order book, 15 min ago; OKX: live order book, 5 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, 15 min ago | 13.42 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 2.07 bp | 12.4 bp −$12 | 40.2 bp −$402 | 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 | −0.0375% | 1h | 4.8429 | −0.023% | $71K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8447 | +0.015% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.966% | $776 | $20K | 5.5x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8440 | +0.001% | $14K | $428K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8501 | +0.126% | $9.9M | $33.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8430 | −0.021% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAPshort | +0.0100% | 4h | 4.8480 | +0.083% | $5.2M | $17.3M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8420 | −0.041% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8490 | +0.103% | $6.8M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8450 | +0.021% | $967K | $876K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
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 | 4.8480 | +0.083% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8460 | +0.041% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8316 | −0.256% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8250 | −0.392% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8440 | long leg | $82K | $401K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8488 | +0.100% | $2K | $188K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0131% | 4h | 4.8310 | −0.268% | $601K | $303K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8468 | +0.058% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0475% | 1h | 4.8557 | +0.242% | $699K | $660K | 3x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI