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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORDI | 4.8673 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $24K | $56K | — |
| Short | dYdX ORDI-USD | 4.8673 | 0 | get 0.0000% / 1h | 25m 12s | $33K | $651 | 5x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USDshort | 0.0000% | 1h | 4.8673 | −0.001% | $33K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.417% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8749 | +0.156% | $710K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8699 | +0.052% | $4K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8714 | +0.084% | $9.9M | $30.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8670 | −0.007% | $4.2M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8680 | +0.014% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8680 | +0.014% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8710 | +0.075% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8681 | +0.016% | $930K | $823K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8680 | +0.014% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8690 | +0.034% | — | $24.5M | — | as long as short |
| Variational Omni ORDIlong | +0.0100% | 4h | 4.8673 | long leg | $24K | $56K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8640 | −0.068% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8690 | +0.034% | $89K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8704 | +0.063% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0117% | 4h | 4.8720 | +0.096% | $601K | $301K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8683 | +0.021% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2492% | 1h | 4.8817 | +0.295% | $66K | $42K | 25x | as long as short |
Variational Omni ORDI
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD