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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against SunX+0.161%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1801.796% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$2 on $10k
Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.161%, 7d avg +0.143%
Together, before fees−0.107%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORDI-USDT4.85500.0100pay 0.0050% / 4h24m 20s$2K$1.2M20x
ShortKuCoin ORDIUSDTM4.86280.0100get 0.0050% / 4h24m 20s$933K$810K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.161% → +0.143%
$1.73
Slippage, 4 orders
−$159.62
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$177.89
Costs to cover
1.796%
Break-even
never at this rate
Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 45 min ago.

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, 9 min ago30.80 bp79.4 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 45 min ago6.76 bp19.4 bp −$19543.4 bp −$5,434doesn't fitdoesn't fit

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-USD0.0000%1h4.8627+0.158%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.179%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8692+0.292%$707K$651K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8653+0.212%$4K$418K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8630+0.165%$10.0M$31.3M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8610+0.124%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8610+0.124%$5.3M$16.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8630+0.165%$1.3M$2.8M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8630+0.165%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTMshort+0.0100%4h4.8628+0.161%$933K$810K50x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8630+0.165%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8680+0.268%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8664+0.236%$24K$56Kas long as short
SunX ORDI-USDTlong+0.0100%4h4.8550long leg$2K$1.2M20x
HTX ORDI-USDT+0.0100%4h4.8590+0.082%$88K$355K75xas long as short
Extended ORDI-USD+0.0104%1h4.8620+0.144%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0160%4h4.8660+0.227%$608K$308K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8599+0.102%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3040%1h4.8744+0.400%$65K$43K25xas long as short