Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against SunX+0.223%53s7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1751.746% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 3 days (all we have)−0.126%−$13 · spread now +0.223%, 7d avg +0.122%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.101% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.122%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.9310 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $2K | $1.2M | 20x |
| Short | Gate ORDI_USDT | 4.9420 | 0.0100 | get 0.0050% / 4h | 3h 16m | $1.3M | $2.7M | 50x |
SunX ORDI-USDT
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.223% → +0.122%
- $10.1
- Slippage, 4 orders
- −$151.63
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$164.53
- Costs to cover
- 1.746%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 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 SunX live order book, 7 min ago | 30.47 bp | 78.6 bp −$79 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.01 bp | 24.2 bp −$24 | 80.0 bp −$800 | 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 | 4.9382 | +0.146% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.625% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0074% | 4h | 4.9390 | +0.162% | $609K | $316K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9550 | +0.487% | $718K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9416 | +0.216% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9520 | +0.426% | $10.2M | $31.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9460 | +0.304% | $4.2M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9480 | +0.345% | $5.4M | $16.9M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.9420 | +0.223% | $1.3M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9490 | +0.365% | $7.2M | $3.4M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
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 | 4.9450 | +0.284% | $950K | $810K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9460 | +0.304% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9450 | +0.284% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9212 | −0.199% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.9310 | long leg | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9330 | +0.041% | $90K | $348K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9415 | +0.213% | $4K | $192K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9489 | +0.364% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2931% | 1h | 4.9540 | +0.466% | $66K | $39K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD