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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.021%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.021%, 7d avg −0.045%
Together, before fees−0.024%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.025% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORDIUSDT4.85500.0100pay 0.0050% / 4h1h 24m$2.9M$3.0M50x
ShortHTX ORDI-USDT4.85400.0100get 0.0050% / 4h1h 24m$88K$362K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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: −0.021% → −0.045%
$2.49
Slippage, 4 orders
−$60.41
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$81.92
Costs to cover
0.844%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago2.06 bp15.4 bp −$1535.0 bp −$350doesn't fitdoesn't fit
Sell HTX live order book, 59 min ago9.24 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit

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-USD0.0000%1h4.8514−0.075%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.179%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0091%4h4.8580+0.062%$607K$307K75xas long as short
Hyperliquid ORDI+0.0100%1h4.8630+0.165%$707K$647K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8568+0.038%$5K$415K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8554+0.009%$9.9M$30.9M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8510−0.082%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8520−0.062%$5.3M$16.2M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8520−0.062%$1.2M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.85500.000%$6.9M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8521−0.060%$927K$826K50xas long as short
Bitget ORDIUSDTlong+0.0100%4h4.8550long leg$2.9M$3.0M50x
BingX ORDI-USDT+0.0100%4h4.8540−0.021%$24.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8454−0.198%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8500−0.103%$2K$1.2M20xas long as short
HTX ORDI-USDTshort+0.0100%4h4.8540−0.021%$88K$362K75x
Extended ORDI-USD+0.0104%1h4.8556+0.013%$5K$172K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8538−0.024%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2959%1h4.8677+0.262%$66K$42K25xas long as short