Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against KuCoin−0.182%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1201.198% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.137%+$14 · spread now −0.182%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.142% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORDIUSDTM | 4.8849 | 0.0100 | pay 0.0050% / 4h | 3h 59m | $1.0M | $794K | 50x |
| Short | HTX ORDI-USDT | 4.8760 | 0.0100 | get 0.0050% / 4h | 3h 59m | $85K | $338K | 75x |
KuCoin ORDIUSDTM
HTX ORDI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against KuCoin. 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
- $0
- Price spread: −0.182% → −0.040%
- −$14.21
- Slippage, 4 orders
- −$95.8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$134
- Costs to cover
- 1.198%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; HTX: live order book, 39 min ago.
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 KuCoin live order book, 5 min ago | 5.53 bp | 38.4 bp −$38 | 1078.6 bp −$10.8K | doesn't fit | doesn't fit |
| Sell HTX live order book, 39 min ago | 7.19 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
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_ORDIUSD | −0.0449% | 1h | 4.8762 | −0.178% | $69K | $43K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.8806 | −0.089% | $33K | $577 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.753% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0074% | 4h | 4.8800 | −0.100% | $1.2M | $2.6M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8889 | +0.082% | $705K | $668K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8860 | +0.023% | $10K | $347K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8853 | +0.009% | $10.0M | $33.8M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8770 | −0.162% | $4.1M | $4.4M | 50x | as long as short |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8800 | −0.100% | $5.2M | $17.8M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8840 | −0.018% | $6.6M | $3.2M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
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 ORDIUSDTMlong | +0.0100% | 4h | 4.8849 | long leg | $1.0M | $794K | 50x | |
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8820 | −0.059% | $2.8M | $3.5M | 50x | as long as short |
| BingX ORDI-USDT | +0.0100% | 4h | 4.8820 | −0.059% | — | $26.9M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.8793 | −0.114% | $26K | $32K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8780 | −0.141% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDTshort | +0.0100% | 4h | 4.8760 | −0.182% | $85K | $338K | 75x | |
| Extended ORDI-USD | +0.0104% | 1h | 4.8811 | −0.079% | $2K | $222K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0148% | 4h | 4.8840 | −0.018% | $590K | $306K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.8786 | −0.130% | $8K | — | 100x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]