Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against KuCoin−0.116%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.116% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.8848 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $992K | $827K | 50x |
| Short | dYdX ORDI-USD | 4.8791 | 0 | get 0.0000% / 1h | 30m 10s | $33K | $577 | 5x |
KuCoin ORDIUSDTM
dYdX ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against KuCoin. 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
- −$21
- Price spread: −0.116% → 0.000%
- −$11.62
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$54.62
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 4 min ago; dYdX: no order-book sample. 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 KuCoin live order book, 4 min ago | 8.08 bp | 50.2 bp −$50 | 1098.9 bp −$11.0K | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | −0.0544% | 1h | 4.8781 | −0.138% | $69K | $44K | 25x | as long as short |
| Gate ORDI_USDT | −0.0100% | 4h | 4.8790 | −0.119% | $1.2M | $2.7M | 50x | as long as short |
| dYdX ORDI-USDshort | 0.0000% | 1h | 4.8791 | −0.116% | $33K | $577 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.752% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0093% | 4h | 4.8910 | +0.127% | $599K | $312K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8865 | +0.035% | $704K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8810 | −0.078% | $3K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8861 | +0.027% | $10.0M | $34.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8800 | −0.098% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8820 | −0.057% | $5.2M | $18.1M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8870 | +0.045% | $6.5M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTMlong | +0.0100% | 4h | 4.8848 | long leg | $992K | $827K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8840 | −0.016% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8800 | −0.098% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8811 | −0.075% | $26K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8750 | −0.201% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8760 | −0.180% | $85K | $431K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8828 | −0.042% | $7K | $155K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8845 | −0.006% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]