Funding you earn now, next payment 01:00 UTC+0.2936%/8h= +321.5% APRnext payment +$3.67 per $10,000 · paid last 24h +0.170%
Price spread now: Kraken Futures against dYdX+0.303%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work for this trade now. Funding pays +$88 a day on $10k at the current rate, and Kraken Futures is 0.303% dearer against dYdX than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ORDI-USD | 4.9297 | 0 | get 0.0000% / 1h | 21m 29s | $34K | $651 | 5x |
| Short | Kraken Futures PF_ORDIUSD | 4.9447 | 0.2936 | get 0.0367% / 1h | 21m 29s | $66K | $39K | 25x |
dYdX ORDI-USD
Kraken Futures PF_ORDIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $616.66
- Price spread: +0.303% → 0.000%
- $30.31
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $626.97
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: dYdX: no order-book sample; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
dYdX and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USDlong | 0.0000% | 1h | 4.9297 | long leg | $34K | $651 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.601% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0055% | 4h | 4.9230 | −0.136% | $605K | $316K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9336 | +0.079% | $715K | $648K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9255 | −0.086% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9255 | −0.086% | $10.1M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9220 | −0.156% | $4.2M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9210 | −0.177% | $5.4M | $16.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9230 | −0.136% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9250 | −0.096% | $7.2M | $3.4M | 200x | as long as short |
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit 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 | −0.035% | $947K | $810K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9240 | −0.116% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9240 | −0.116% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9302 | +0.010% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9230 | −0.136% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9260 | −0.075% | $90K | $348K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9232 | −0.132% | $4K | $211K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9270 | −0.055% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSDshort | +0.2936% | 1h | 4.9447 | +0.303% | $66K | $39K | 25x |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]