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

ORDI

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against KuCoin+0.003%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORDIUSDTM4.89390.0100pay 0.0050% / 4h11m 40s$976K$860K50x
ShortdYdX ORDI-USD4.89410get 0.0000% / 1h11m 40s$34K$6515x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against KuCoin. 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
−$21
Price spread: +0.003% → 0.000%
$0.35
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$42.65
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 38 min ago; dYdX: no order-book sample. 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 KuCoin live order book, 38 min ago9.84 bp43.1 bp −$431072.6 bp −$10.7Kdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
Kraken Futures PF_ORDIUSD−0.0372%1h4.8862−0.157%$72K$44K25xas long as short
dYdX ORDI-USDshort0.0000%1h4.8941+0.003%$34K$6515x
Injective ORDI/USDC PERP+0.0033%1h4.5550−6.925%$776$20K5.5xas long as short
BloFin ORDI-USDT+0.0056%4h4.8980+0.084%$602K$306K75xas long as short
Aster ORDIUSDT+0.0100%4h4.8943+0.007%$14K$428K5xas long as short
Binance ORDIUSDT+0.0100%4h4.9010+0.145%$10.0M$33.2M50xas long as short
Bybit ORDIUSDT+0.0100%4h4.8970+0.063%$4.2M$4.6M50xas long as short
OKX ORDI-USDT-SWAP+0.0100%4h4.8970+0.063%$5.3M$17.4M20xas long as short
Gate ORDI_USDT+0.0100%4h4.8950+0.022%$1.3M$2.7M50xas long as short
MEXC ORDI_USDT+0.0100%4h4.9010+0.145%$6.8M$3.4M200xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ORDIUSDTMlong+0.0100%4h4.8939long leg$976K$860K50x
Bitget ORDIUSDT+0.0100%4h4.9000+0.125%$2.9M$3.5M50xas long as short
BingX ORDI-USDC+0.0100%4h4.8970+0.063%$2.3Mas long as short
Variational Omni ORDI+0.0100%4h4.8791−0.301%$24K$51Kas long as short
SunX ORDI-USDT+0.0100%4h4.8860−0.161%$1K$1.2M20xas long as short
HTX ORDI-USDT+0.0100%4h4.8860−0.161%$81K$402K75xas long as short
Extended ORDI-USD+0.0104%1h4.8976+0.075%$2K$183K5xas long as short
GMX ORDI/USD [WBTC.b-USDC]L +0.0239% / S −0.3359%1h4.8905−0.070%$8K100xas long as short
Hyperliquid ORDI+0.0320%1h4.9041+0.208%$706K$660K3xas long as short