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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.020%
Price spread now: Gate against dYdX+0.023%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.023% dearer against dYdX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ORDI-USD4.89890get 0.0000% / 1h45m 12s$34K$6515x
ShortGate ORDI_USDT4.90000.0100get 0.0050% / 4h45m 12s$1.3M$2.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against dYdX. 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
$21
Price spread: +0.023% → 0.000%
$2.32
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$1.68
Costs to cover
0.250%
Break-even
7.6 days
Slippage unknown: dYdX: no order-book sample; Gate: live order book, 3 min ago. 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 dYdX no order-book sample
Sell Gate live order book, 3 min ago3.06 bp20.3 bp −$2074.3 bp −$743doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USDlong0.0000%1h4.8989long leg$34K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.019%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.9084+0.195%$713K$650K3xas long as short
Aster ORDIUSDT+0.0100%4h4.9046+0.118%$4K$419K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9033+0.090%$10.1M$31.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9000+0.023%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.9000+0.023%$5.3M$16.6M20xas long as short
Gate ORDI_USDTshort+0.0100%4h4.9000+0.023%$1.3M$2.7M50x
MEXC ORDI_USDT+0.0100%4h4.9030+0.084%$7.1M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9029+0.082%$941K$820K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.9030+0.084%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.9040+0.105%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.9024+0.072%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8960−0.058%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8990+0.003%$89K$355K75xas long as short
Extended ORDI-USD+0.0104%1h4.9030+0.085%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0125%4h4.9070+0.166%$609K$310K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.9013+0.049%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3015%1h4.9140+0.310%$66K$43K25xas long as short