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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Hyperliquid against Extended+0.108%7-day average +0.112% · 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 7 days+0.053%+$5 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.108%, 7d avg +0.112%
Together, before fees+0.032%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ORDI-USD4.90980.0104pay 0.0013% / 1h43m 19s$2K$189K5x
ShortHyperliquid ORDI4.91510.0100get 0.0013% / 1h43m 19s$711K$662K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.108% → +0.112%
−$0.38
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$15.22
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 23 min ago; Hyperliquid: live order book, 7 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 Extended live order book, 23 min ago3.63 bp17.9 bp −$18145.0 bp −$1,450doesn't fitdoesn't fit
Sell Hyperliquid live order book, 7 min ago1.01 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

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-USD0.0000%1h4.9057−0.083%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.226%$776$20K5.5xas long as short
Hyperliquid ORDIshort+0.0100%1h4.9151+0.108%$711K$662K3x
Aster ORDIUSDT+0.0100%4h4.9087−0.021%$9K$419K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9092−0.012%$10.1M$33.1M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.9040−0.118%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8940−0.321%$5.3M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.9070−0.057%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9100+0.005%$7.1M$3.5M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.9060−0.077%$914K$885K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.9090−0.016%$2.9M$3.4M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9090−0.016%$27.3Mas long as short
Variational Omni ORDI+0.0100%4h4.9012−0.174%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.9000−0.199%$2K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9030−0.138%$89K$355K75xas long as short
BloFin ORDI-USDT+0.0100%4h4.9110+0.025%$610K$314K75xas long as short
Extended ORDI-USDlong+0.0104%1h4.9098long leg$2K$189K5x
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.9095−0.005%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3052%1h4.9000−0.198%$72K$49K25xas long as short