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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: HTX against Injective+6.937%65s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.086%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 6.937% dearer against Injective than usual: you sell high and buy low: +$694 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ORDI/USDC PERP4.55500.0033pay 0.0004% / 1h36m 06s$776$20K5.5x
ShortHTX ORDI-USDT4.87100.0100get 0.0050% / 4h36m 06s$89K$355K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Injective. 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
$14
Price spread: +6.937% → 0.000%
$693.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee HTX: 6 bp × 2 orders
−$12
Net
$695.72
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; HTX: live order book, 42 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell HTX live order book, 42 min ago9.28 bp28.4 bp −$28doesn't fitdoesn't fitdoesn't fit
Injective: 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: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ORDI-USD0.0000%1h4.8764+7.056%$33K$6515xas long as short
Injective ORDI/USDC PERPlong+0.0033%1h4.5550long leg$776$20K5.5x
Hyperliquid ORDI+0.0100%1h4.8853+7.251%$710K$651K3xas long as short
Aster ORDIUSDT+0.0100%4h4.8789+7.112%$4K$418K5xas long as short
Binance ORDIUSDT+0.0100%4h4.8811+7.159%$10.0M$31.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8730+6.981%$4.1M$4.2M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8750+7.025%$5.3M$16.5M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8760+7.047%$1.3M$2.8M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.8790+7.113%$7.0M$3.3M200xas long as short
KuCoin ORDIUSDTM+0.0100%4h4.8741+7.005%$935K$818K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORDIUSDT+0.0100%4h4.8780+7.091%$2.9M$3.0M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8770+7.069%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8724+6.969%$24K$56Kas long as short
SunX ORDI-USDT+0.0100%4h4.8720+6.959%$2K$1.2M20xas long as short
HTX ORDI-USDTshort+0.0100%4h4.8710+6.937%$89K$355K75x
Extended ORDI-USD+0.0104%1h4.8770+7.070%$5K$172K5xas long as short
BloFin ORDI-USDT+0.0131%4h4.8770+7.069%$609K$308K75xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8743+7.010%$8K100xas long as short
Kraken Futures PF_ORDIUSD+0.3030%1h4.8896+7.346%$66K$43K25xas long as short