ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: KuCoin against Gate+0.002%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1241.244% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.002%, 7d avg +0.019%

Together, before fees+0.076%+$8 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate ORDI_USDT	4.9650	0.0100	pay 0.0050% / 4h	3h 43m	$1.3M	$2.7M	50x
Short	KuCoin ORDIUSDTM	4.9651	0.0100	get 0.0050% / 4h	3h 43m	$978K	$854K	50x

Funding history

latest

Range statsloading…

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.002%Rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	5.05 bp	21.4 bp −$21	184.0 bp −$1,840	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	11.38 bp	32.5 bp −$33	580.6 bp −$5,806	doesn't fit	doesn't fit

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
Kraken Futures PF_ORDIUSD	−0.0566%	1h	4.9600	−0.101%	$73K	$44K	25x	as long as short
dYdX ORDI-USD	0.0000%	1h	4.9610	−0.080%	$34K	$577	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−8.258%	$776	$20K	5.5x	as long as short
Hyperliquid ORDI	+0.0100%	1h	4.9683	+0.066%	$715K	$661K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.9674	+0.049%	$11K	$423K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.9623	−0.054%	$10.1M	$33.7M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.9600	−0.101%	$4.2M	$4.6M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.9620	−0.060%	$5.4M	$17.8M	20x	as long as short
Gate ORDI_USDTlong	+0.0100%	4h	4.9650	long leg	$1.3M	$2.7M	50x
MEXC ORDI_USDT	+0.0100%	4h	4.9620	−0.060%	$6.9M	$3.3M	200x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin ORDIUSDTMshort	+0.0100%	4h	4.9651	+0.002%	$978K	$854K	50x
Bitget ORDIUSDT	+0.0100%	4h	4.9650	0.000%	$2.9M	$3.5M	50x	as long as short
BingX ORDI-USDC	+0.0100%	4h	4.9610	−0.081%	—	$2.3M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	4.9611	−0.078%	$24K	$42K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	4.9540	−0.222%	$2K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	4.9570	−0.161%	$83K	$410K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	4.9621	−0.059%	$3K	$180K	5x	as long as short
BloFin ORDI-USDT	+0.0154%	4h	4.9570	−0.161%	$605K	$310K	75x	as long as short
GMX ORDI/USD [WBTC.b-USDC]	L +0.0240% / S −0.3359%	1h	4.9636	−0.028%	$8K	—	100x	as long as short