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: Binance against SunX+0.169%7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1521.517% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now +0.169%, 7d avg +0.178%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.8780 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $1K | $1.2M | 20x |
| Short | Binance ORDIUSDT | 4.8862 | 0.0100 | get 0.0050% / 4h | 3h 22m | $9.9M | $33.8M | 50x |
SunX ORDI-USDT
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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: +0.169% → +0.178%
- −$0.94
- Slippage, 4 orders
- −$133.75
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$152.69
- Costs to cover
- 1.517%
- Break-even
- never at this rate
Slippage from SunX: live order book, 1 min ago; Binance: live order book, 4 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 SunX live order book, 1 min ago | 30.77 bp | 79.4 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.03 bp | 12.5 bp −$13 | 29.9 bp −$299 | 364.3 bp −$36.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0449% | 1h | 4.8772 | −0.016% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8737 | −0.089% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.622% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8890 | +0.226% | $705K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8829 | +0.100% | $10K | $345K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8862 | +0.169% | $9.9M | $33.8M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8800 | +0.041% | $4.1M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8820 | +0.082% | $5.2M | $17.9M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8770 | −0.021% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8830 | +0.103% | $6.6M | $3.2M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.8775 | −0.010% | $1.0M | $792K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8810 | +0.062% | $2.8M | $3.6M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8800 | +0.041% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8351 | −0.880% | $25K | $33K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.8780 | long leg | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8750 | −0.062% | $86K | $345K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8849 | +0.141% | $5K | $223K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0140% | 4h | 4.8820 | +0.082% | $594K | $307K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8763 | −0.035% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]