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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against SunX+0.005%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORDI-USDT4.84500.0100pay 0.0050% / 4h1h 29m$2K$1.2M20x
ShortdYdX ORDI-USD4.84520get 0.0000% / 1h29m 50s$33K$6515x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SunX. 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
−$21
Price spread: +0.005% → 0.000%
$0.46
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$38.54
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; dYdX: 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 SunX live order book, 4 min ago30.92 bp79.7 bp −$80doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
dYdX ORDI-USDshort0.0000%1h4.8452+0.005%$33K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−5.986%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8600+0.310%$706K$647K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8519+0.143%$5K$415K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8539+0.184%$9.9M$30.9M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8470+0.041%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8500+0.103%$5.3M$16.2M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8480+0.062%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8530+0.165%$7.0M$3.2M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8485+0.072%$926K$826K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8510+0.124%$2.9M$3.0M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8490+0.083%$24.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8509+0.122%$24K$56Kas long as short
SunX ORDI-USDTlong+0.0100%4h4.8450long leg$2K$1.2M20x
HTX ORDI-USDT+0.0100%4h4.8460+0.021%$88K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8521+0.146%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0143%4h4.8530+0.165%$603K$307K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8489+0.080%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2962%1h4.8642+0.395%$66K$42K25xas long as short