Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.062%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days−0.138%−$14 · spread now +0.062%, 7d avg −0.001%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.063% dearer against OKX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8450 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $5.3M | $16.1M | 20x |
| Short | Bitget ORDIUSDT | 4.8480 | 0.0100 | get 0.0050% / 4h | 2h 31m | $2.8M | $2.9M | 50x |
OKX ORDI-USDT-SWAP
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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% → −0.001%
- $6.29
- Slippage, 4 orders
- −$37.27
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.98
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 1 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 OKX live order book, 2 min ago | 1.03 bp | 16.4 bp −$16 | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 3.10 bp | 13.3 bp −$13 | 27.5 bp −$275 | 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 | 4.8393 | −0.118% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.986% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0058% | 4h | 4.8420 | −0.062% | $1.2M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8529 | +0.163% | $707K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8460 | +0.020% | $4K | $414K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8488 | +0.079% | $9.8M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8400 | −0.103% | $4.1M | $4.1M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.8450 | long leg | $5.3M | $16.1M | 20x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8490 | +0.083% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8431 | −0.039% | $926K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.8480 | +0.062% | $2.8M | $2.9M | 50x | |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8440 | −0.021% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8363 | −0.179% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.206% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8390 | −0.124% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8483 | +0.067% | $4K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.8490 | +0.083% | $602K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8468 | +0.038% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2502% | 1h | 4.8627 | +0.366% | $66K | $42K | 25x | as long as short |
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD