Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against OKX−0.063%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1561.564% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.063%, 7d avg −0.151%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.088% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.151%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.7740 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $4.9M | $17.5M | 20x |
| Short | SunX ORDI-USDT | 4.7710 | 0.0100 | get 0.0050% / 4h | 1h 28m | $2K | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.063% → −0.151%
- $8.83
- Slippage, 4 orders
- −$138.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$147.6
- Costs to cover
- 1.564%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; SunX: live order book, 8 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, 3 min ago | 2.10 bp | 11.8 bp −$12 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 31.34 bp | 50.2 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 exchanges
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 | −0.1173% | 1h | 4.7671 | −0.145% | $68K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.7719 | −0.045% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −4.587% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0066% | 4h | 4.7800 | +0.126% | $577K | $283K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.7797 | +0.119% | $690K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.7760 | +0.042% | $8K | $258K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.7770 | +0.063% | $9.6M | $32.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.7740 | 0.000% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.7740 | long leg | $4.9M | $17.5M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.7730 | −0.021% | $1.2M | $2.6M | 50x | as long as short |
Show all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.7760 | +0.042% | $6.5M | $2.9M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.7764 | +0.050% | $957K | $773K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.7740 | 0.000% | $2.7M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.7760 | +0.042% | — | $36.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.7714 | −0.055% | $25K | $33K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.7710 | −0.063% | $2K | $1.1M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.7720 | −0.042% | $82K | $353K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.7745 | +0.011% | $2K | $224K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.7766 | +0.055% | $8K | — | 100x | as long as short |
OKX ORDI-USDT-SWAP
SunX ORDI-USDT
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]