Funding spread now, next payment 19:00 UTC−0.0189%/8h
paid, last 24h+0.042%paid, last 4 days+0.016%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 4 days it paid 0.016% in total (about 1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ORDIUSD | 4.9109 | 0.0195 | pay 0.0024% / 1h | 48m 52s | $65K | $35K | 25x |
| Short | Gate ORDI_USDT | 4.9050 | 0.0006 | get 0.0003% / 4h | 1h 48m | $1.3M | $2.6M | 50x |
Kraken Futures PF_ORDIUSD
Gate ORDI_USDTFunding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$39.68
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.68
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 5 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.120%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 2.04 bp | 20.1 bp −$20 | 71.5 bp −$715 | doesn't fit | doesn't fit |
Kraken Futures: 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 |
| Gate ORDI_USDTshort | +0.0006% | 4h | $1.3M | $2.6M | 50x | |
| Injective ORDI/USDC PERP | +0.0033% | 1h | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0055% | 4h | $629K | $299K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | $912K | $532K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | $17K | $404K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | $9.9M | $29.3M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | $4.1M | $3.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | $5.4M | $16.0M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | $6.7M | $3.1M | 200x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | $898K | $798K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | $2.9M | $2.8M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | $24K | $58K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | $85K | $347K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | $5K | $172K | 5x | as long as short |
| Kraken Futures PF_ORDIUSDlong | +0.0195% | 1h | $65K | $35K | 25x | |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]