ORDI

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0240%/8h= −26.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.062%

Price spread now: dYdX against GMX+0.020%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ORDI/USD [WBTC.b-USDC]	4.9281	L +0.0240% / S −0.3359%	pay 0.0030% / 1h	14m 57s	$8K	—	100x
Short	dYdX ORDI-USD	4.9291	0	get 0.0000% / 1h	14m 57s	$34K	$577	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. 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

Position, each leg$Hold fordaysFee GMXbpFee dYdXbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$50.36
Price spread: +0.020% → 0.000%: $1.97
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$70.39
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GMX no order-book sample	—	—	—	—	—
Sell dYdX no order-book sample	—	—	—	—	—

GMX and dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ORDIUSD	−0.0570%	1h	4.9197	−0.171%	$72K	$43K	25x	as long as short
Gate ORDI_USDT	−0.0368%	4h	4.9220	−0.125%	$1.3M	$2.8M	50x	as long as short
dYdX ORDI-USDshort	0.0000%	1h	4.9291	+0.020%	$34K	$577	5x
Injective ORDI/USDC PERP	+0.0033%	1h	4.5550	−7.572%	$776	$20K	5.5x	as long as short
BloFin ORDI-USDT	+0.0047%	4h	4.9270	−0.023%	$605K	$309K	75x	as long as short
Hyperliquid ORDI	+0.0100%	1h	4.9298	+0.034%	$711K	$663K	3x	as long as short
Aster ORDIUSDT	+0.0100%	4h	4.9262	−0.039%	$5K	$426K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	4.9212	−0.141%	$10.0M	$33.8M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	4.9170	−0.226%	$4.2M	$4.6M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	4.9190	−0.185%	$5.3M	$17.8M	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC ORDI_USDT	+0.0100%	4h	4.9230	−0.104%	$6.6M	$3.3M	200x	as long as short
KuCoin ORDIUSDTM	+0.0100%	4h	4.9243	−0.078%	$973K	$834K	50x	as long as short
Bitget ORDIUSDT	+0.0100%	4h	4.9240	−0.084%	$2.9M	$3.5M	50x	as long as short
BingX ORDI-USDT	+0.0100%	4h	4.9230	−0.104%	—	$27.0M	—	as long as short
Variational Omni ORDI	+0.0100%	4h	4.9161	−0.244%	$24K	$42K	—	as long as short
SunX ORDI-USDT	+0.0100%	4h	4.9220	−0.125%	$2K	$1.2M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	4.9150	−0.267%	$82K	$412K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	4.9219	−0.126%	$4K	$180K	5x	as long as short
GMX ORDI/USD [WBTC.b-USDC]long	L +0.0240% / S −0.3359%	1h	4.9281	long leg	$8K	—	100x