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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Variational Omni−0.137%57s7-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 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.137% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORDI4.88470.0100pay 0.0050% / 4h3h 46m$26K$32K
ShortHTX ORDI-USDT4.87800.0100get 0.0050% / 4h3h 46m$85K$338K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$0
Price spread: −0.137% → 0.000%
−$13.7
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee HTX: 6 bp × 2 orders
−$12
Net
−$25.7
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; HTX: live order book, 52 min ago. 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 HTX live order book, 52 min ago7.19 bp41.0 bp −$41doesn't fitdoesn't fitdoesn'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 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
Kraken Futures PF_ORDIUSD−0.0449%1h4.8767−0.164%$69K$43K25xas long as short
dYdX ORDI-USD0.0000%1h4.8842−0.011%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.750%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8872+0.051%$705K$668K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8853+0.013%$10K$347K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8806−0.084%$9.9M$33.8M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8790−0.117%$4.1M$4.4M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8770−0.158%$5.2M$17.8M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8810−0.076%$1.2M$2.6M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8810−0.076%$6.6M$3.2M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8838−0.018%$1.0M$791K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8800−0.096%$2.8M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8810−0.076%$2.3Mas long as short
Variational Omni ORDIlong+0.0100%4h4.8847long leg$26K$32K
SunX ORDI-USDT+0.0100%4h4.8810−0.076%$2K$1.2M20xas long as short
HTX ORDI-USDTshort+0.0100%4h4.8780−0.137%$85K$338K75x
Extended ORDI-USD+0.0104%1h4.8820−0.054%$2K$222K5xas long as short
BloFin ORDI-USDT+0.0124%4h4.8820−0.055%$592K$306K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8774−0.148%$8K100xas long as short