Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Binance against dYdX+0.010%49s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ORDI-USD | 4.9211 | 0 | get 0.0000% / 1h | 4m 57s | $34K | $577 | 5x |
| Short | Binance ORDIUSDT | 4.9216 | 0.0100 | get 0.0050% / 4h | 2h 04m | $10.1M | $34.6M | 50x |
dYdX ORDI-USD
Binance ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against dYdX. 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
- $21
- Price spread: +0.010% → 0.000%
- $0.97
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1.97
- Costs to cover
- 0.200%
- Break-even
- 6.3 days
Slippage unknown: dYdX: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 7 min ago | 1.02 bp | 14.0 bp −$14 | 28.3 bp −$283 | 275.7 bp −$27.6K | doesn't fit |
dYdX: 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 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 | −0.0710% | 1h | 4.9164 | −0.095% | $70K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0008% | 4h | 4.9180 | −0.063% | $1.3M | $2.8M | 50x | as long as short |
| dYdX ORDI-USDlong | 0.0000% | 1h | 4.9211 | long leg | $34K | $577 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.440% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9273 | +0.126% | $710K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9244 | +0.066% | $4K | $432K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.9216 | +0.010% | $10.1M | $34.6M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9170 | −0.084% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9170 | −0.084% | $5.3M | $18.3M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9220 | +0.018% | $6.6M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster 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 | 4.9242 | +0.063% | $1.0M | $831K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9240 | +0.059% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9190 | −0.043% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9201 | −0.020% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9150 | −0.124% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9180 | −0.063% | $85K | $442K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9210 | −0.002% | $7K | $184K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0116% | 4h | 4.9210 | −0.002% | $590K | $315K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9207 | −0.009% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]