Settings8H · net · $10k
Funding arb · Price arb /

ORDI

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Alert: funding
Alert: spread
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: Variational Omni against OKX−0.054%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.054% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORDI-USDT-SWAP4.88200.0100pay 0.0050% / 4h3h 56m$5.2M$17.8M20x
ShortVariational Omni ORDI4.87930.0100get 0.0050% / 4h3h 56m$26K$32K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.054% → 0.000%
−$5.45
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$15.45
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 2 min ago1.02 bp12.2 bp −$1245.8 bp −$458doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0448%1h4.8858+0.078%$69K$43K25xas long as short
dYdX ORDI-USD0.0000%1h4.8828+0.016%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.698%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8983+0.334%$706K$668K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8887+0.137%$10K$347K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8886+0.136%$10.0M$33.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8840+0.041%$4.1M$4.4M50xas long as short
OKX ORDI-USDT-SWAPlong+0.0100%4h4.8820long leg$5.2M$17.8M20x
Gate ORDI_USDT+0.0100%4h4.8870+0.102%$1.2M$2.6M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8880+0.123%$6.6M$3.2M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8915+0.195%$1.0M$793K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8860+0.082%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8850+0.061%$2.3Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8793−0.054%$26K$32K
SunX ORDI-USDT+0.0100%4h4.8870+0.102%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8840+0.041%$85K$338K75xas long as short
Extended ORDI-USD+0.0104%1h4.8871+0.105%$2K$222K5xas long as short
BloFin ORDI-USDT+0.0128%4h4.8930+0.225%$591K$307K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8906+0.176%$8K100xas long as short