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

ORDI

all ORDI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bitget−0.587%7-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 3 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: Variational Omni is 0.587% cheaper against Bitget than usual: you would sell low and buy high, −$59 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORDIUSDT4.91500.0100pay 0.0050% / 4h1h 56m$2.9M$3.5M50x
ShortVariational Omni ORDI4.88610.0100get 0.0050% / 4h1h 56m$24K$55K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: −0.587% → 0.000%
−$58.71
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$70.71
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: no order-book sample. 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 Bitget live order book, 1 min ago2.05 bp15.7 bp −$1632.0 bp −$320doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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 18 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−0.0352%1h4.8689−0.939%$71K$46K25xas long as short
dYdX ORDI-USD0.0000%1h4.8887−0.536%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.325%$776$20K5.5xas long as short
Aster ORDIUSDT+0.0100%4h4.8831−0.648%$13K$426K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9044−0.215%$10.1M$33.1M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9070−0.163%$4.2M$4.5M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9110−0.081%$5.3M$17.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8990−0.326%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9100−0.102%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8894−0.521%$934K$866K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDTlong+0.0100%4h4.9150long leg$2.9M$3.5M50x
BingX ORDI-USDC+0.0100%4h4.9040−0.224%$2.3Mas long as short
Variational Omni ORDIshort+0.0100%4h4.8861−0.587%$24K$55K
SunX ORDI-USDT+0.0100%4h4.8830−0.651%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8640−1.038%$78K$382K75xas long as short
Extended ORDI-USD+0.0104%1h4.9138−0.024%$3K$192K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8702−0.911%$8K100xas long as short
Hyperliquid ORDI+0.0266%1h4.9018−0.269%$707K$660K3xas long as short