ORDI

Alert

Funding spread now, next payment 18:00 UTC+0.3259%/8h

paid, last 24h+0.144%paid, last 3 days+0.317%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.317% in total (about 39.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ORDIUSDT	4.8560	0.0100	pay 0.0050% / 4h	2h 04m	$17K	$404K	5x
Short	GMX ORDI/USD [WBTC.b-USDC]	4.8580	L +0.0239% / S −0.3359%	get 0.0420% / 1h	4m 28s	$8K	—	100x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee GMXbpOrdersRate

Funding earned: $684.29
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $664.29
Break-even: 0.2 days

Slippage unknown: Aster: live order book, 34 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.042%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Aster live order book, 34 min ago	4.04 bp	17.8 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Gate ORDI_USDT	−0.0028%	4h	$1.3M	$2.6M	50x	as long as short
dYdX ORDI-USD	0.0000%	1h	$33K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	$776	$52K	5.5x	as long as short
BloFin ORDI-USDT	+0.0077%	4h	$642K	$296K	75x	as long as short
Hyperliquid ORDI	+0.0100%	1h	$903K	$531K	3x	as long as short
Aster ORDIUSDTlong	+0.0100%	4h	$17K	$404K	5x
Binance ORDIUSDT	+0.0100%	4h	$9.9M	$29.1M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	$4.1M	$3.7M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	$5.3M	$15.8M	20x	as long as short
MEXC ORDI_USDT	+0.0100%	4h	$6.6M	$3.2M	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
KuCoin ORDIUSDTM	+0.0100%	4h	$905K	$796K	50x	as long as short
Bitget ORDIUSDT	+0.0100%	4h	$2.9M	$2.8M	50x	as long as short
BingX ORDI-USDT	+0.0100%	4h	—	$26.8M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	$24K	$58K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	$1K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	$84K	$341K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	$5K	$172K	5x	as long as short
Kraken Futures PF_ORDIUSD	+0.0197%	1h	$64K	$35K	25x	as long as short
GMX ORDI/USD [WBTC.b-USDC]short	L +0.0239% / S −0.3359%	1h	$8K	—	100x