Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against HTX−0.027%86s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.027% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.7920 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $82K | $353K | 75x |
| Short | dYdX ORDI-USD | 4.7907 | 0 | get 0.0000% / 1h | 3m 21s | $33K | $577 | 5x |
HTX ORDI-USDT
dYdX ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.027% → 0.000%
- −$2.7
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$45.7
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 42 min ago; 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 HTX live order book, 42 min ago | 12.48 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
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 exchanges
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 | −0.1168% | 1h | 4.7869 | −0.107% | $68K | $43K | 25x | as long as short |
| dYdX ORDI-USDshort | 0.0000% | 1h | 4.7907 | −0.027% | $33K | $577 | 5x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −4.946% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0055% | 4h | 4.7980 | +0.125% | $571K | $285K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8024 | +0.217% | $692K | $651K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.7947 | +0.056% | $9K | $258K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.7974 | +0.114% | $9.6M | $32.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.7930 | +0.021% | $4.0M | $4.3M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.7970 | +0.104% | $4.9M | $17.8M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.7940 | +0.042% | $1.2M | $2.6M | 50x | as long as short |
Kraken Futures PF_ORDIUSD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDTShow all 19 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.7970 | +0.104% | $6.7M | $3.0M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.7965 | +0.094% | $965K | $766K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.7960 | +0.083% | $2.7M | $3.4M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.7940 | +0.042% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.7932 | +0.026% | $25K | $33K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.7890 | −0.063% | $2K | $1.1M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.7920 | long leg | $82K | $353K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.7959 | +0.081% | $3K | $226K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.7939 | +0.041% | $8K | — | 100x | as long as short |
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]