Funding you earn now, next payment 05:00 UTC+0.0667%/8h= +73.1% APRpaid last 24h −0.212%
Price spread now: SunX against Kraken Futures+0.069%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+0.761%+$76 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 +$20 a day on $10k at the current rate, and SunX is 0.069% dearer against Kraken Futures than usual: you sell high and buy low: +$7 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 | 4.9466 | −0.0567 | get 0.0071% / 1h | 40m 22s | $73K | $43K | 25x |
| Short | SunX ORDI-USDT | 4.9500 | 0.0100 | get 0.0050% / 4h | 3h 40m | $1K | $1.2M | 20x |
Kraken Futures PF_ORDIUSD
SunX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $140.13
- Price spread: +0.069% → 0.000%
- $6.87
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $129
- Costs to cover
- 0.180%
- Break-even
- 0.6 days
Slippage unknown: Kraken Futures: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago | 31.27 bp | 49.9 bp −$50 | 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 | −0.0567% | 1h | 4.9466 | long leg | $73K | $43K | 25x | |
| Gate ORDI_USDT | −0.0340% | 4h | 4.9510 | +0.089% | $1.3M | $2.7M | 50x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9481 | +0.030% | $34K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −7.917% | $776 | $20K | 5.5x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.9641 | +0.354% | $714K | $662K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9539 | +0.148% | $10K | $423K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.9570 | +0.211% | $10.1M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.9510 | +0.089% | $4.2M | $4.6M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.9510 | +0.089% | $5.3M | $17.8M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9550 | +0.170% | $6.9M | $3.3M | 200x | as long as short |
Gate ORDI_USDT
dYdX ORDI-USD
Injective ORDI/USDC PERP
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.9515 | +0.099% | $975K | $851K | 50x | as long as short |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.9550 | +0.170% | $2.9M | $3.5M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.9510 | +0.089% | — | $2.3M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9396 | −0.141% | $24K | $42K | — | as long as short |
| SunX ORDI-USDTshort | +0.0100% | 4h | 4.9500 | +0.069% | $1K | $1.2M | 20x | |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9480 | +0.028% | $83K | $410K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9556 | +0.183% | $3K | $180K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0158% | 4h | 4.9500 | +0.069% | $605K | $310K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0240% / S −0.3359% | 1h | 4.9523 | +0.116% | $8K | — | 100x | as long as short |
KuCoin ORDIUSDTM
Bitget ORDIUSDT
BingX ORDI-USDC
Variational Omni ORDI
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]