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

ORDI

all ORDI markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX+0.083%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.674% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.055%−$5 on $10k
Price spread, last 3 days (all we have)−0.017%−$2 · spread now +0.083%, 7d avg +0.065%
Together, before fees−0.071%−$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.89000.0100pay 0.0050% / 4h1h 04m$89K$357K75x
ShortBinance ORDIUSDT4.89400.0100get 0.0050% / 4h1h 04m$10.0M$31.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
Price spread: +0.083% → +0.065%
$1.75
Slippage, 4 orders
−$45.36
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$65.61
Costs to cover
0.674%
Break-even
never at this rate
Slippage from HTX: live order book, 14 min ago; Binance: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 14 min ago9.28 bp15.7 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.03 bp12.4 bp −$1226.8 bp −$268295.5 bp −$29.6Kdoesn't fit

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
dYdX ORDI-USD0.0000%1h4.8878−0.045%$34K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.851%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0088%4h4.8870−0.061%$604K$309K75xas long as short
Hyperliquid ORDI+0.0100%1h4.9000+0.204%$712K$649K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8940+0.083%$4K$416K5xas long as short
Binance ORDIUSDTshort+0.0100%4h4.8940+0.083%$10.0M$31.0M50x
Bybit ORDIUSDT+0.0100%4h4.8910+0.020%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.89000.000%$5.3M$16.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8910+0.020%$1.3M$2.8M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8940+0.082%$7.0M$3.3M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTM+0.0100%4h4.8929+0.059%$936K$829K50xas long as short
Bitget ORDIUSDT+0.0100%4h4.8930+0.061%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8810−0.184%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8748−0.310%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8790−0.225%$2K$1.2M20xas long as short
HTX ORDI-USDTlong+0.0100%4h4.8900long leg$89K$357K75x
Extended ORDI-USD+0.0104%1h4.8930+0.062%$5K$172K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8932+0.065%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.2937%1h4.9040+0.287%$66K$42K25xas long as short