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
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%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8900 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $89K | $357K | 75x |
| Short | Binance ORDIUSDT | 4.8940 | 0.0100 | get 0.0050% / 4h | 1h 04m | $10.0M | $31.0M | 50x |
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 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: +0.083% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX live order book, 14 min ago | 9.28 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.03 bp | 12.4 bp −$12 | 26.8 bp −$268 | 295.5 bp −$29.6K | 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 | 4.8878 | −0.045% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.851% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0088% | 4h | 4.8870 | −0.061% | $604K | $309K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9000 | +0.204% | $712K | $649K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8940 | +0.083% | $4K | $416K | 5x | as long as short |
| Binance ORDIUSDTshort | +0.0100% | 4h | 4.8940 | +0.083% | $10.0M | $31.0M | 50x | |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8910 | +0.020% | $4.1M | $4.2M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8900 | 0.000% | $5.3M | $16.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8910 | +0.020% | $1.3M | $2.8M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8940 | +0.082% | $7.0M | $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 ORDIUSDTM | +0.0100% | 4h | 4.8929 | +0.059% | $936K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8930 | +0.061% | $2.9M | $3.0M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8810 | −0.184% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8748 | −0.310% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8790 | −0.225% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8900 | long leg | $89K | $357K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8930 | +0.062% | $5K | $172K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8932 | +0.065% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2937% | 1h | 4.9040 | +0.287% | $66K | $42K | 25x | as long as short |
HTX ORDI-USDT
Binance ORDIUSDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD