Funding you earn now, next payment 06:00 UTC+0.0809%/8h= +88.6% APRpaid last 24h −0.198%
Price spread now: HTX against Kraken Futures+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.743%+$74 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and HTX is 0.047% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ORDIUSD | 4.9227 | −0.0709 | get 0.0089% / 1h | 8m 16s | $70K | $47K | 25x |
| Short | HTX ORDI-USDT | 4.9250 | 0.0100 | get 0.0050% / 4h | 2h 08m | $85K | $442K | 75x |
Kraken Futures PF_ORDIUSD
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Kraken Futures. 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
- $169.86
- Price spread: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $152.55
- Costs to cover
- 0.220%
- Break-even
- 0.7 days
Slippage unknown: Kraken Futures: no order-book sample; HTX: live order book, 40 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 40 min ago | 17.43 bp | 40.3 bp −$40 | doesn't fit | 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: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ORDIUSDlong | −0.0709% | 1h | 4.9227 | long leg | $70K | $47K | 25x | |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9270 | +0.088% | $34K | $577 | 5x | as long as short |
| Gate ORDI_USDT | +0.0018% | 4h | 4.9250 | +0.047% | $1.3M | $2.8M | 50x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.469% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0075% | 4h | 4.9210 | −0.034% | $592K | $315K | 75x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9338 | +0.226% | $711K | $667K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9275 | +0.098% | $4K | $432K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9279 | +0.106% | $10.1M | $34.6M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9240 | +0.027% | $4.1M | $4.8M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9260 | +0.067% | $5.3M | $18.4M | 20x | as long as short |
dYdX ORDI-USD
Gate ORDI_USDT
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAPShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9270 | +0.088% | $6.6M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9277 | +0.102% | $994K | $829K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9280 | +0.108% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9300 | +0.148% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9171 | −0.113% | $29K | $39K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.9150 | −0.156% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.9250 | +0.047% | $85K | $442K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.9265 | +0.078% | $2K | $179K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9256 | +0.058% | $8K | — | 100x | as long as short |
MEXC ORDI_USDT
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]