Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX0.000%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now 0.000%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.050% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.9390 | 0.0100 | pay 0.0050% / 4h | 3h 24m | $83K | $411K | 75x |
| Short | Bitget ORDIUSDT | 4.9390 | 0.0100 | get 0.0050% / 4h | 3h 24m | $2.9M | $3.5M | 50x |
HTX ORDI-USDT
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: 0.000% → +0.050%
- −$5.04
- Slippage, 4 orders
- −$65.04
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$94.08
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from HTX: live order book, 28 min ago; Bitget: live order book, 3 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, 28 min ago | 14.09 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.04 bp | 16.0 bp −$16 | 31.3 bp −$313 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSD | −0.0568% | 1h | 4.9361 | −0.059% | $72K | $43K | 25x | as long as short |
| Gate ORDI_USDT | −0.0512% | 4h | 4.9290 | −0.202% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9270 | −0.243% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.775% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0050% | 4h | 4.9430 | +0.081% | $609K | $310K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9473 | +0.168% | $713K | $662K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9370 | −0.041% | $9K | $426K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9350 | −0.081% | $10.0M | $33.9M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9320 | −0.142% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9330 | −0.121% | $5.3M | $17.8M | 20x | as long as short |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9360 | −0.061% | $6.7M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9410 | +0.040% | $977K | $841K | 50x | as long as short |
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9390 | 0.000% | $2.9M | $3.5M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9330 | −0.121% | — | $27.0M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9216 | −0.353% | $24K | $42K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9330 | −0.121% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.9390 | long leg | $83K | $411K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9385 | −0.009% | $4K | $184K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9403 | +0.027% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]