Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX+0.120%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.120%, 7d avg −0.016%
=Together, before fees−0.112%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.136% dearer against OKX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8760 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $5.3M | $16.6M | 20x |
| Short | Extended ORDI-USD | 4.8819 | 0.0104 | get 0.0013% / 1h | 55m 57s | $5K | $168K | 5x |
OKX ORDI-USDT-SWAP
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.120% → −0.016%
- $13.6
- Slippage, 4 orders
- −$42.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$43.44
- Costs to cover
- 0.579%
- Break-even
- 369.0 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 15 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 | 1.02 bp | 13.3 bp −$13 | 47.1 bp −$471 | doesn't fit | doesn't fit |
| Sell Extended live order book, 15 min ago | 2.06 bp | 15.5 bp −$15 | 115.8 bp −$1,158 | 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 | 4.8823 | +0.130% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.583% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0067% | 4h | 4.8860 | +0.205% | $601K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8914 | +0.316% | $710K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8829 | +0.141% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8823 | +0.130% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8770 | +0.021% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.8760 | long leg | $5.3M | $16.6M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8790 | +0.062% | $1.3M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8830 | +0.144% | $7.0M | $3.3M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
Gate ORDI_USDT
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8809 | +0.100% | $941K | $813K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8840 | +0.164% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8820 | +0.123% | — | $24.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8848 | +0.181% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8730 | −0.062% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8860 | +0.205% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8819 | +0.120% | $5K | $168K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8799 | +0.081% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2967% | 1h | 4.8945 | +0.380% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD