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

ORDI

all ORDI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: HTX against Extended−0.091%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$920.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.091%, 7d avg −0.038%
Together, before fees+0.101%+ Points / potential airdropExtended: Active · farm board+$10 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: HTX is 0.054% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ORDI-USD4.79240.0104pay 0.0013% / 1h58m 10s$3K$226K5x
ShortHTX ORDI-USDT4.78800.0100get 0.0050% / 4h58m 10s$82K$353K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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
−$0.84
Price spread: −0.091% → −0.038%
−$5.37
Slippage, 4 orders
−$74.99
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$98.2
Costs to cover
0.920%
Break-even
never at this rate
Slippage from Extended: live order book, 46 min ago; HTX: live order book, 47 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 46 min ago2.08 bp16.3 bp −$16144.1 bp −$1,441doesn't fitdoesn't fit
Sell HTX live order book, 47 min ago12.48 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit

ORDI on 19 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.1240%1h4.7841−0.173%$68K$43K25xas long as short
dYdX ORDI-USD0.0000%1h4.7907−0.035%$33K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−4.953%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0082%4h4.8000+0.159%$571K$282K75xas long as short
Hyperliquid ORDI+0.0100%1h4.7998+0.155%$692K$651K3xas long as short
Aster ORDIUSDT+0.0100%4h4.7957+0.070%$9K$258K5xas long as short
Binance ORDIUSDT+0.0100%4h4.7947+0.048%$9.6M$32.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.7930+0.013%$4.0M$4.3M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.7920−0.008%$4.9M$17.8M20xas long as short
Gate ORDI_USDT+0.0100%4h4.7950+0.055%$1.2M$2.5M50xas long as short
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC ORDI_USDT+0.0100%4h4.7940+0.034%$6.7M$2.8M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.7940+0.034%$965K$765K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.7940+0.034%$2.7M$3.4M50xas long as short
BingX ORDI-USDT+0.0100%4h4.7960+0.075%$36.2Mas long as short
Variational Omni ORDI+0.0100%4h4.7942+0.039%$25K$33Kas long as short
SunX ORDI-USDT+0.0100%4h4.7910−0.029%$1K$1.1M20xas long as short
HTX ORDI-USDTshort+0.0100%4h4.7880−0.091%$82K$353K75x
Extended ORDI-USDlong+0.0104%1h4.7924long leg$3K$226K5x
GMX ORDI/USD [WBTC.b-USDC]L +0.0238% / S −0.3359%1h4.7914−0.020%$8K100xas long as short