Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.5% APRnext payment −$0.11 per $10,000 · paid last 24h −0.016%
Price spread now: SunX against BloFin−0.203%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1551.555% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.203%, 7d avg −0.188%
=The price spread sits at its 7-day average of −0.188%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORDI-USDT | 4.9170 | 0.0122 | pay 0.0061% / 4h | 1h 40m | $605K | $315K | 75x |
| Short | SunX ORDI-USDT | 4.9070 | 0.0100 | get 0.0050% / 4h | 1h 40m | $1K | $1.2M | 20x |
BloFin ORDI-USDT
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- −$4.7
- Price spread: −0.203% → −0.188%
- −$1.51
- Slippage, 4 orders
- −$135.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$161.69
- Costs to cover
- 1.555%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 46 min ago; SunX: live order book, 3 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 BloFin live order book, 46 min ago | 1.04 bp | 13.1 bp −$13 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 30.60 bp | 49.4 bp −$49 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0540% | 1h | 4.9089 | −0.164% | $70K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0028% | 4h | 4.9080 | −0.183% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9071 | −0.201% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.362% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9184 | +0.028% | $709K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9097 | −0.149% | $3K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9080 | −0.183% | $10.0M | $34.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9070 | −0.203% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9030 | −0.285% | $5.2M | $18.3M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9070 | −0.203% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9111 | −0.120% | $997K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9070 | −0.203% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9080 | −0.183% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9091 | −0.160% | $29K | $39K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.9070 | −0.203% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9090 | −0.163% | $85K | $438K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9105 | −0.131% | $7K | $166K | 5x | as long as short |
| BloFin ORDI-USDTlong | +0.0122% | 4h | 4.9170 | long leg | $605K | $315K | 75x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9153 | −0.034% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]