Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.011%
Price spread now: Gate against Extended−0.078%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.078%, 7d avg −0.008%
=Together, before fees+0.157%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.070% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.9269 | 0.0104 | pay 0.0013% / 1h | 27m 09s | $4K | $230K | 5x |
| Short | Gate ORDI_USDT | 4.9230 | 0.0100 | get 0.0050% / 4h | 3h 27m | $1.3M | $2.6M | 50x |
Extended ORDI-USD
Gate ORDI_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$0.84
- Price spread: −0.078% → −0.008%
- −$7.04
- Slippage, 4 orders
- −$51.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$79.08
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from Extended: live order book, 44 min ago; Gate: live order book, 6 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 Extended live order book, 44 min ago | 2.06 bp | 16.1 bp −$16 | 161.0 bp −$1,610 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 3.06 bp | 18.6 bp −$19 | 73.9 bp −$739 | 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 | 4.9225 | −0.088% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.548% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9342 | +0.149% | $715K | $654K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9263 | −0.012% | $5K | $421K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9290 | +0.043% | $10.1M | $31.5M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9230 | −0.078% | $4.2M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9250 | −0.038% | $5.4M | $16.7M | 20x | as long as short |
| Gate ORDI_USDTshort | +0.0100% | 4h | 4.9230 | −0.078% | $1.3M | $2.6M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9280 | +0.023% | $7.2M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9255 | −0.028% | $957K | $804K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9290 | +0.043% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9260 | −0.018% | — | $27.5M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9062 | −0.419% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9140 | −0.261% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9190 | −0.160% | $90K | $347K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.9269 | long leg | $4K | $230K | 5x | |
| BloFin ORDI-USDT | +0.0105% | 4h | 4.9300 | +0.064% | $605K | $312K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9250 | −0.038% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2938% | 1h | 4.9425 | +0.317% | $66K | $39K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD