Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Extended against Hyperliquid−0.249%7-day average −0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.249%, 7d avg −0.112%
=Together, before fees+0.108%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$11 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: Extended is 0.137% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid ORDI | 4.9058 | 0.0100 | pay 0.0013% / 1h | 42m 56s | $709K | $662K | 3x |
| Short | Extended ORDI-USD | 4.8936 | 0.0104 | get 0.0013% / 1h | 42m 56s | $2K | $189K | 5x |
Hyperliquid ORDI
Extended ORDI-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- $0.84
- Price spread: −0.249% → −0.112%
- −$13.67
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$26.83
- Costs to cover
- 0.140%
- Break-even
- 230.6 days
Slippage unknown: Hyperliquid: live order book, 7 min ago; Extended: live order book, 23 min ago. 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 Hyperliquid live order book, 7 min ago | 1.01 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 23 min ago | 3.63 bp | 16.6 bp −$17 | 133.0 bp −$1,330 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.9057 | −0.002% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.151% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDIlong | +0.0100% | 1h | 4.9058 | long leg | $709K | $662K | 3x | |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9072 | +0.029% | $9K | $419K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8910 | −0.302% | $10.0M | $33.1M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8870 | −0.383% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8880 | −0.363% | $5.3M | $17.4M | 20x | as long as short |
| Gate ORDI_USDT | +0.0100% | 4h | 4.8910 | −0.302% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8880 | −0.363% | $7.1M | $3.5M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8940 | −0.241% | $912K | $885K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
Gate ORDI_USDT
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8900 | −0.322% | $2.9M | $3.4M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8920 | −0.281% | — | $27.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9012 | −0.093% | $24K | $56K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9000 | −0.118% | $2K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9030 | −0.057% | $89K | $355K | 75x | as long as short |
| BloFin ORDI-USDT | +0.0100% | 4h | 4.9110 | +0.106% | $610K | $314K | 75x | as long as short |
| Extended ORDI-USDshort | +0.0104% | 1h | 4.8936 | −0.249% | $2K | $189K | 5x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9095 | +0.076% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.3052% | 1h | 4.9000 | −0.118% | $72K | $49K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD