Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Variational Omni+0.077%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Extended: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.077% dearer against Variational Omni than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORDI | 4.8269 | 0.0100 | pay 0.0050% / 4h | 1h 57m | $25K | $33K | — |
| Short | Extended ORDI-USD | 4.8306 | 0.0104 | get 0.0013% / 1h | 57m 39s | $4K | $226K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.077% → 0.000%
- $7.68
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $3.52
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 51 min ago. 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 Extended live order book, 51 min ago | 3.43 bp | 17.2 bp −$17 | 174.4 bp −$1,744 | doesn't fit | doesn't fit |
Variational Omni: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.1159% | 1h | 4.8248 | −0.043% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8304 | +0.074% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −5.632% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8354 | +0.177% | $698K | $640K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8317 | +0.100% | $10K | $279K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8300 | +0.065% | $9.8M | $32.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8270 | +0.003% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8270 | +0.003% | $5.1M | $17.3M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8300 | +0.065% | $1.2M | $2.6M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8310 | +0.086% | $6.8M | $2.9M | 200x | as long as short |
Show all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8300 | +0.065% | $1.0M | $746K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8300 | +0.065% | $2.8M | $3.4M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8290 | +0.044% | — | $2.3M | — | as long as short |
| Variational Omni ORDIlong | +0.0100% | 4h | 4.8269 | long leg | $25K | $33K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8260 | −0.018% | $1K | $1.1M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8300 | +0.065% | $83K | $349K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8306 | +0.077% | $4K | $226K | 5x | |
| BloFin ORDI-USDT | +0.0152% | 4h | 4.8370 | +0.210% | $583K | $285K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8333 | +0.133% | $8K | — | 100x | as long as short |
Variational Omni ORDI
Extended ORDI-USD
Kraken Futures PF_ORDIUSD
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-USDC
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]