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: KuCoin against HTX+0.161%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1511.506% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)−0.119%−$12 · spread now +0.161%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.122% dearer against HTX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORDI-USDT | 4.8980 | 0.0100 | pay 0.0050% / 4h | 1h 38m | $85K | $438K | 75x |
| Short | KuCoin ORDIUSDTM | 4.9059 | 0.0100 | get 0.0050% / 4h | 1h 38m | $996K | $829K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.161% → +0.039%
- $12.25
- Slippage, 4 orders
- −$126.6
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$138.35
- Costs to cover
- 1.506%
- Break-even
- never at this rate
Slippage from HTX: live order book, 5 min ago; KuCoin: live order book, 16 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, 5 min ago | 16.31 bp | 24.9 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 16 min ago | 7.54 bp | 32.6 bp −$33 | 553.5 bp −$5,535 | 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 | −0.0541% | 1h | 4.9003 | +0.046% | $70K | $47K | 25x | as long as short |
| Gate ORDI_USDT | −0.0046% | 4h | 4.9030 | +0.102% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9008 | +0.058% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.003% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0078% | 4h | 4.9040 | +0.122% | $600K | $314K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9110 | +0.265% | $708K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9066 | +0.176% | $3K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9061 | +0.165% | $10.0M | $34.7M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8960 | −0.041% | $4.1M | $4.7M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8940 | −0.082% | $5.2M | $18.2M | 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 | 4.9050 | +0.143% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTMshort | +0.0100% | 4h | 4.9059 | +0.161% | $996K | $829K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9020 | +0.082% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9020 | +0.082% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9091 | +0.227% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8950 | −0.061% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTlong | +0.0100% | 4h | 4.8980 | long leg | $85K | $438K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9049 | +0.140% | $7K | $155K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9039 | +0.120% | $8K | — | 100x | as long as short |
HTX ORDI-USDT
KuCoin ORDIUSDTM
Kraken Futures PF_ORDIUSD
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]