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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended+0.033%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.033% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ORDI-USD4.90500.0104pay 0.0013% / 1h54m 38s$7K$184K5x
ShortVariational Omni ORDI4.90660.0100get 0.0050% / 4h1h 54m$29K$39K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.033% → 0.000%
$3.25
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$2.59
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 51 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 51 min ago3.39 bp17.2 bp −$17150.1 bp −$1,501doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ORDIUSD−0.0541%1h4.9001−0.101%$70K$47K25xas long as short
Gate ORDI_USDT−0.0048%4h4.9100+0.101%$1.3M$2.7M50xas long as short
dYdX ORDI-USD0.0000%1h4.9037−0.027%$34K$5775xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−7.136%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.9062+0.024%$707K$667K3xas long as short
Aster ORDIUSDT+0.0100%4h4.9045−0.010%$3K$432K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8980−0.144%$10.0M$34.7M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8940−0.225%$4.1M$4.8M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8930−0.246%$5.2M$18.3M20xas long as short
MEXC ORDI_USDT+0.0100%4h4.9000−0.103%$6.5M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.9056+0.011%$996K$829K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.9000−0.103%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.9100+0.101%$26.9Mas long as short
Variational Omni ORDIshort+0.0100%4h4.9066+0.033%$29K$39K
SunX ORDI-USDT+0.0100%4h4.9010−0.082%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.9060+0.019%$85K$438K75xas long as short
Extended ORDI-USDlong+0.0104%1h4.9050long leg$7K$184K5x
BloFin ORDI-USDT+0.0130%4h4.9070+0.040%$600K$314K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.3359%1h4.9024−0.053%$8K100xas long as short