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: SunX against Bitget−0.041%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1611.614% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.078%−$8 · spread now −0.041%, 7d avg −0.158%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.117% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.158%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORDIUSDT | 4.8520 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $2.9M | $3.0M | 50x |
| Short | SunX ORDI-USDT | 4.8500 | 0.0100 | get 0.0050% / 4h | 1h 47m | $1K | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- Price spread: −0.041% → −0.158%
- $11.72
- Slippage, 4 orders
- −$141.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$149.73
- Costs to cover
- 1.614%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 6 min ago.
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 Bitget live order book, 5 min ago | 2.06 bp | 16.9 bp −$17 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 30.92 bp | 50.0 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
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-USD | 0.0000% | 1h | 4.8541 | +0.044% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.121% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8585 | +0.134% | $706K | $645K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8545 | +0.052% | $5K | $415K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8542 | +0.046% | $9.9M | $30.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8490 | −0.062% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8530 | +0.021% | $5.3M | $16.2M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8530 | +0.021% | $1.2M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8540 | +0.041% | $7.0M | $3.2M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8533 | +0.027% | $928K | $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 ORDIUSDTlong | +0.0100% | 4h | 4.8520 | long leg | $2.9M | $3.0M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8540 | +0.041% | — | $24.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8536 | +0.033% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.8500 | −0.041% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8480 | −0.082% | $88K | $363K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8538 | +0.038% | $5K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0130% | 4h | 4.8540 | +0.041% | $601K | $299K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8560 | +0.083% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2958% | 1h | 4.8697 | +0.365% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
SunX ORDI-USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD