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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Variational Omni−0.001%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds 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
LongVariational Omni ORDI4.86730.0100pay 0.0050% / 4h2h 25m$24K$56K
ShortdYdX ORDI-USD4.86730get 0.0000% / 1h25m 12s$33K$6515x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Variational Omni. 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: −0.001% → 0.000%
−$0.05
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$31.05
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell dYdX no order-book sample
Variational Omni and 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%1h4.8673−0.001%$33K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.417%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8749+0.156%$710K$644K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8699+0.052%$4K$415K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8714+0.084%$9.9M$30.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8670−0.007%$4.2M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8680+0.014%$5.3M$16.2M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8680+0.014%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8710+0.075%$7.1M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8681+0.016%$930K$823K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8680+0.014%$2.8M$2.9M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8690+0.034%$24.5Mas long as short
Variational Omni ORDIlong+0.0100%4h4.8673long leg$24K$56K
SunX ORDI-USDT+0.0100%4h4.8640−0.068%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8690+0.034%$89K$362K75xas long as short
Extended ORDI-USD+0.0104%1h4.8704+0.063%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0117%4h4.8720+0.096%$601K$301K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8683+0.021%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2492%1h4.8817+0.295%$66K$42K25xas long as short