Funding you earn now, next payment 02:00 UTC+0.3255%/8h= +356.4% APRnext payment +$4.07 per $10,000 · paid last 24h +0.431%
Price spread now: GMX against Extended0.000%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$98 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORDI-USD | 4.8796 | 0.0104 | pay 0.0013% / 1h | 39m 17s | $5K | $193K | 5x |
| Short | GMX ORDI/USD [WBTC.b-USDC] | 4.8796 | L +0.0239% / S −0.3359% | get 0.0420% / 1h | 39m 17s | $8K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $683.45
- Price spread: 0.000% → 0.000%
- −$0.03
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $666.42
- Costs to cover
- 0.170%
- Break-even
- 0.2 days
Slippage unknown: Extended: live order book, 27 min ago; GMX: 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 Extended live order book, 27 min ago | 3.63 bp | 17.9 bp −$18 | 145.0 bp −$1,450 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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-USD | 0.0000% | 1h | 4.8695 | −0.207% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.652% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0078% | 4h | 4.8780 | −0.033% | $1.3M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8864 | +0.139% | $706K | $661K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8730 | −0.137% | $8K | $422K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8807 | +0.023% | $10.0M | $33.2M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8790 | −0.013% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8800 | +0.008% | $5.3M | $17.4M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8790 | −0.013% | $7.1M | $3.5M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8760 | −0.074% | $909K | $885K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8810 | +0.028% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8690 | −0.218% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8767 | −0.059% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8740 | −0.115% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8670 | −0.259% | $88K | $356K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0100% | 4h | 4.9110 | +0.643% | $610K | $314K | 75x | as long as short |
| Extended ORDI-USDlong | +0.0104% | 1h | 4.8796 | long leg | $5K | $193K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC]short | L +0.0239% / S −0.3359% | 1h | 4.8796 | 0.000% | $8K | — | 100x | |
| Kraken Futures PF_ORDIUSD | +0.3068% | 1h | 4.8754 | −0.086% | $71K | $49K | 25x | as long as short |
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
Kraken Futures PF_ORDIUSD