Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against SunX−8.221%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 8.221% cheaper against SunX than usual: you would sell low and buy high (−$822 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORDI-USDT | 4.9630 | 0.0100 | pay 0.0050% / 4h | 3h 11m | $2K | $1.2M | 20x |
| Short | Injective ORDI/USDC PERP | 4.5550 | 0.0033 | get 0.0004% / 1h | 11m 13s | $776 | $20K | 5.5x |
SunX ORDI-USDT
Injective ORDI/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −8.221% → 0.000%
- −$822.08
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$844.1
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 2 min ago | 16.15 bp | 95.5 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9762 | +0.265% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERPshort | +0.0033% | 1h | 4.5550 | −8.221% | $776 | $20K | 5.5x | |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9790 | +0.322% | $721K | $650K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9763 | +0.268% | $3K | $422K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9760 | +0.262% | $10.3M | $31.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9710 | +0.161% | $4.2M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9780 | +0.302% | $5.5M | $17.1M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9690 | +0.121% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9760 | +0.262% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9751 | +0.244% | $942K | $825K | 50x | as long as short |
dYdX ORDI-USD
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9780 | +0.302% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9750 | +0.242% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9672 | +0.084% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTlong | +0.0100% | 4h | 4.9630 | long leg | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9680 | +0.101% | $90K | $351K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9746 | +0.234% | $4K | $192K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0112% | 4h | 4.9740 | +0.222% | $613K | $316K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9726 | +0.193% | $9K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2912% | 1h | 4.9858 | +0.460% | $67K | $39K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD