Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: SunX against Gate−0.162%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1761.758% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.162%, 7d avg −0.122%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.040% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.122%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORDI_USDT | 4.9410 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $1.3M | $2.7M | 50x |
| Short | SunX ORDI-USDT | 4.9330 | 0.0100 | get 0.0050% / 4h | 3h 02m | $2K | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.162% → −0.122%
- −$3.99
- Slippage, 4 orders
- −$152.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$179.79
- Costs to cover
- 1.758%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 1 min ago.
Cost to enter
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, 5 min ago | 2.01 bp | 19.2 bp −$19 | 140.0 bp −$1,400 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 31.28 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
ORDI on 19 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9585 | +0.354% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.812% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9493 | +0.168% | $716K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9483 | +0.148% | $3K | $408K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9410 | 0.000% | $10.2M | $32.1M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9380 | −0.061% | $4.2M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9370 | −0.081% | $5.4M | $17.0M | 20x | as long as short |
| Gate ORDI_USDTlong | +0.0100% | 4h | 4.9410 | long leg | $1.3M | $2.7M | 50x | |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9410 | 0.000% | $7.2M | $3.4M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9431 | +0.043% | $939K | $827K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9400 | −0.020% | $2.9M | $3.1M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9420 | +0.020% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9621 | +0.427% | $24K | $56K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.9330 | −0.162% | $2K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9370 | −0.081% | $90K | $351K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0103% | 4h | 4.9550 | +0.283% | $615K | $315K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9398 | −0.024% | $4K | $192K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9405 | −0.010% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2933% | 1h | 4.9514 | +0.210% | $66K | $40K | 25x | as long as short |
Gate ORDI_USDT
SunX ORDI-USDT
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
HTX ORDI-USDT
BloFin ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD