Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.011%
Price spread now: Gate against Injective+6.367%69s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 6.367% dearer against Injective than usual: you sell high and buy low: +$637 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.153%, so the current rate has only just turned in your favour. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ORDI/USDC PERP | 4.5550 | 0.0033 | pay 0.0004% / 1h | 52m 00s | $776 | $20K | 5.5x |
| Short | Gate ORDI_USDT | 4.8450 | 0.0100 | get 0.0050% / 4h | 52m 00s | $1.3M | $2.7M | 50x |
Injective ORDI/USDC PERP
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- $14
- Price spread: +6.367% → 0.000%
- $636.66
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $635.64
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 2.07 bp | 22.6 bp −$23 | 86.6 bp −$866 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0376% | 1h | 4.8347 | +6.141% | $71K | $44K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8436 | +6.337% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERPlong | +0.0033% | 1h | 4.5550 | long leg | $776 | $20K | 5.5x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8470 | +6.411% | $14K | $429K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8429 | +6.321% | $9.9M | $33.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8400 | +6.257% | $4.1M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8400 | +6.257% | $5.2M | $17.3M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8450 | +6.367% | $1.3M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8420 | +6.301% | $6.8M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8445 | +6.356% | $968K | $873K | 50x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
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 | 4.8420 | +6.301% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8500 | +6.476% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8637 | +6.777% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8480 | +6.432% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8400 | +6.257% | $83K | $401K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8416 | +6.292% | $5K | $185K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0125% | 4h | 4.8560 | +6.608% | $606K | $304K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8391 | +6.238% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0494% | 1h | 4.8515 | +6.509% | $698K | $659K | 3x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI