Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against OKX−0.041%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now −0.041%, 7d avg −0.021%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8810 | 0.0100 | pay 0.0050% / 4h | 1m 49s | $5.3M | $16.6M | 20x |
| Short | Gate ORDI_USDT | 4.8790 | 0.0100 | get 0.0050% / 4h | 1m 49s | $1.3M | $2.8M | 50x |
OKX ORDI-USDT-SWAP
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.041% → −0.021%
- −$1.98
- Slippage, 4 orders
- −$44.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.38
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: 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 | 2.05 bp | 15.9 bp −$16 | 45.4 bp −$454 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 3.08 bp | 18.9 bp −$19 | 74.3 bp −$743 | 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 | 4.8724 | −0.177% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.679% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0088% | 4h | 4.8780 | −0.061% | $601K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8933 | +0.252% | $710K | $653K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8826 | +0.033% | $5K | $420K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8850 | +0.082% | $10.0M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8820 | +0.020% | $4.1M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.8810 | long leg | $5.3M | $16.6M | 20x | |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.8790 | −0.041% | $1.3M | $2.8M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8850 | +0.082% | $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
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 | 4.8817 | +0.014% | $943K | $812K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8840 | +0.061% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8770 | −0.082% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8528 | −0.577% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.143% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8770 | −0.082% | $89K | $355K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8847 | +0.077% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8789 | −0.043% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3029% | 1h | 4.8912 | +0.208% | $66K | $43K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD