data as of
Settings8H · net · $10k
Funding arb /

ORDI

all ORDI markets
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Funding spread now, next payment 20:00 UTC+0.0352%/8h
next payment, per $10,000+$1.76paid, last 24h+0.009%paid, last 7 days+0.015%to open and close $10k−$65
The current rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.76 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ORDI_USDT4.9050−0.0252get 0.0126% / 4h3h 53m$1.2M$2.1M50x
ShortBinance ORDIUSDT4.91350.0100get 0.0050% / 4h3h 53m$9.8M$22.4M50x

Funding history

latest
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Funding on every exchange

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latest

Profit calculator

Funding earned
$73.92
Slippage, 4 orders
−$40.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
$8.74
Break-even
6.2 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 4 min ago.

Price risk

price view
Price gap now
+0.174%
Avg gap 7d
+0.018%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago2.04 bp19.3 bp −$19174.3 bp −$1,743doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.02 bp11.1 bp −$1128.3 bp −$283304.9 bp −$30.5Kdoesn't fit

ORDI on 19 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Gate ORDI_USDTlong−0.0252%4h$1.2M$2.1M50x
dYdX ORDI-USD0.0000%1h$34K$3565xas long as short
Injective ORDI/USDC PERP+0.0033%1h$776$73K5.5xas long as short
BloFin ORDI-USDT+0.0053%4h$631K$292K75xas long as short
Hyperliquid ORDI+0.0100%1h$598K$298K3xas long as short
Aster ORDIUSDT+0.0100%4h$13K$327K5xas long as short
Binance ORDIUSDTshort+0.0100%4h$9.8M$22.4M50x
Bybit ORDIUSDT+0.0100%4h$4.1M$3.1M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h$5.3M$11.5M20xas long as short
MEXC ORDI_USDT+0.0100%4h$7.5M$2.9M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h$974K$564K50xas long as short
Bitget ORDIUSDT+0.0100%4h$2.9M$2.4M50xas long as short
BingX ORDI-USDT+0.0100%4h$26.8Mas long as short
Variational Omni ORDI+0.0100%4h$29K$53Kas long as short
SunX ORDI-USDT+0.0100%4h$1K$1.0M20xas long as short
HTX ORDI-USDT+0.0100%4h$92K$276K75xas long as short
Extended ORDI-USD+0.0104%1h$5K$172K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0240% / S −0.1679%1h$9K100xas long as short
Kraken Futures PF_ORDIUSD+0.1462%1h$68K$21K25xas long as short