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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against HTX−0.020%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1781.779% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.020%, 7d avg −0.112%
Together, before fees−0.042%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.092% dearer against HTX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.112%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ORDI-USDT4.88300.0100pay 0.0050% / 4h2h 15m$79K$383K75x
ShortSunX ORDI-USDT4.88200.0100get 0.0050% / 4h2h 15m$1K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.020% → −0.112%
$9.17
Slippage, 4 orders
−$157.93
Fee HTX: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$168.75
Costs to cover
1.779%
Break-even
never at this rate
Slippage from HTX: live order book, 52 min ago; SunX: live order book, 8 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, 52 min ago17.06 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 8 min ago30.61 bp49.5 bp −$49doesn't fitdoesn't fitdoesn't fit

ORDI on 18 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%1h4.8817−0.026%$33K$6515xas long as short
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.717%$776$20K5.5xas long as short
Hyperliquid ORDI+0.0100%1h4.8996+0.340%$708K$660K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8918+0.180%$13K$426K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8927+0.198%$10.0M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8870+0.082%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8890+0.123%$5.3M$17.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8890+0.123%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8930+0.205%$7.1M$3.5M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8891+0.125%$933K$877K50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8920+0.184%$2.9M$3.5M50xas long as short
BingX ORDI-USDT+0.0100%4h4.8910+0.164%$27.1Mas long as short
Variational Omni ORDI+0.0100%4h4.8876+0.094%$24K$56Kas long as short
SunX ORDI-USDTshort+0.0100%4h4.8820−0.020%$1K$1.2M20x
HTX ORDI-USDTlong+0.0100%4h4.8830long leg$79K$383K75x
Extended ORDI-USD+0.0104%1h4.8917+0.179%$3K$194K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8878+0.098%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3062%1h4.8848+0.038%$72K$47K25xas long as short