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: HTX against Bybit+0.081%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$860.860% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.081%, 7d avg −0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.088% dearer against Bybit than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORDIUSDT | 4.9220 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $4.2M | $4.3M | 50x |
| Short | HTX ORDI-USDT | 4.9260 | 0.0100 | get 0.0050% / 4h | 3h 21m | $90K | $348K | 75x |
Bybit ORDIUSDT
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bybit. 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: +0.081% → −0.006%
- $8.75
- Slippage, 4 orders
- −$62.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$77.22
- Costs to cover
- 0.860%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; HTX: live order book, 51 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 Bybit live order book, 1 min ago | 3.05 bp | 22.9 bp −$23 | 75.8 bp −$758 | doesn't fit | doesn't fit |
| Sell HTX live order book, 51 min ago | 12.35 bp | 20.5 bp −$20 | 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 | 4.9297 | +0.157% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.456% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0055% | 4h | 4.9230 | +0.020% | $605K | $316K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9336 | +0.236% | $715K | $648K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9255 | +0.070% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9255 | +0.071% | $10.1M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.9220 | long leg | $4.2M | $4.3M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9210 | −0.020% | $5.4M | $16.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9230 | +0.020% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9250 | +0.061% | $7.2M | $3.4M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
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 | 4.9280 | +0.122% | $947K | $810K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9240 | +0.041% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9240 | +0.041% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9302 | +0.166% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9230 | +0.020% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.9260 | +0.081% | $90K | $348K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9232 | +0.024% | $4K | $211K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9270 | +0.102% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2936% | 1h | 4.9447 | +0.460% | $66K | $39K | 25x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD