ORDI

Alert

Funding spread now, next payment 17:00 UTC−0.0229%/8h

paid, last 24h0.000%paid, last 3 days−0.120%to open and closeno order book

Long on Hyperliquid Short on Variational Omni

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid ORDI	4.9900	0.0329	pay 0.0041% / 1h	5m 39s	$917K	$497K	3x
Short	Variational Omni ORDI	4.9662	0.0100	get 0.0050% / 4h	3h 05m	$26K	$56K	—

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Variational OmnibpOrdersRate

Funding earned: −$47.99
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$56.99
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 6 min ago; Variational Omni: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.477%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 6 min ago	2.39 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX ORDI-USD	0.0000%	1h	$34K	$651	5x	as long as short
Injective ORDI/USDC PERP	+0.0033%	1h	$776	$73K	5.5x	as long as short
Aster ORDIUSDT	+0.0100%	4h	$12K	$390K	5x	as long as short
Binance ORDIUSDT	+0.0100%	4h	$10.4M	$27.4M	50x	as long as short
Bybit ORDIUSDT	+0.0100%	4h	$4.2M	$3.6M	50x	as long as short
OKX ORDI-USDT-SWAP	+0.0100%	4h	$5.7M	$15.4M	20x	as long as short
Gate ORDI_USDT	+0.0100%	4h	$1.3M	$2.5M	50x	as long as short
MEXC ORDI_USDT	+0.0100%	4h	$7.0M	$3.2M	200x	as long as short
KuCoin ORDIUSDTM	+0.0100%	4h	$922K	$760K	50x	as long as short
Bitget ORDIUSDT	+0.0100%	4h	$2.9M	$2.7M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX ORDI-USDT	+0.0100%	4h	—	$26.9M	—	as long as short
Variational Omni ORDIshort	+0.0100%	4h	$26K	$56K	—
SunX ORDI-USDT	+0.0100%	4h	$1K	$1.1M	20x	as long as short
HTX ORDI-USDT	+0.0100%	4h	$86K	$323K	75x	as long as short
Extended ORDI-USD	+0.0104%	1h	$5K	$172K	5x	as long as short
BloFin ORDI-USDT	+0.0110%	4h	$667K	$298K	75x	as long as short
GMX ORDI/USD [WBTC.b-USDC]	L +0.0240% / S −0.3359%	1h	$9K	—	100x	as long as short
Hyperliquid ORDIlong	+0.0329%	1h	$917K	$497K	3x
Kraken Futures PF_ORDIUSD	+0.1442%	1h	$66K	$34K	25x	as long as short