Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.102%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$600.599% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 7 days−0.147%−$15 · spread now +0.102%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.098% dearer against OKX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORDI-USDT-SWAP | 4.8950 | 0.0100 | pay 0.0050% / 4h | 1h 29m | $5.3M | $17.4M | 20x |
| Short | Bitget ORDIUSDT | 4.9000 | 0.0100 | get 0.0050% / 4h | 1h 29m | $2.9M | $3.5M | 50x |
OKX ORDI-USDT-SWAP
Bitget ORDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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: +0.102% → +0.004%
- $9.8
- Slippage, 4 orders
- −$37.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$50.08
- Costs to cover
- 0.599%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 4 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 OKX live order book, 4 min ago | 1.02 bp | 16.2 bp −$16 | 49.8 bp −$498 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 3.05 bp | 14.2 bp −$14 | 35.1 bp −$351 | 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 | −0.0350% | 1h | 4.8942 | −0.017% | $72K | $46K | 25x | as long as short |
| dYdX ORDI-USD | 0.0000% | 1h | 4.9036 | +0.176% | $34K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.946% | $776 | $20K | 5.5x | as long as short |
| BloFin ORDI-USDT | +0.0076% | 4h | 4.9000 | +0.102% | $610K | $305K | 75x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.9025 | +0.153% | $12K | $427K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8997 | +0.097% | $10.0M | $33.4M | 50x | as long as short |
| Bybit ORDIUSDT | +0.0100% | 4h | 4.8950 | 0.000% | $4.2M | $4.5M | 50x | as long as short |
| OKX ORDI-USDT-SWAPlong | +0.0100% | 4h | 4.8950 | long leg | $5.3M | $17.4M | 20x | |
| Gate ORDI_USDT | +0.0100% | 4h | 4.9010 | +0.123% | $1.3M | $2.7M | 50x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.9000 | +0.102% | $7.0M | $3.3M | 200x | as long as short |
Kraken Futures PF_ORDIUSD
dYdX ORDI-USD
Injective ORDI/USDC PERP
BloFin ORDI-USDT
Aster ORDIUSDT
Binance ORDIUSDT
Bybit ORDIUSDT
Gate ORDI_USDT
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 | 4.9021 | +0.145% | $961K | $869K | 50x | as long as short |
| Bitget ORDIUSDTshort | +0.0100% | 4h | 4.9000 | +0.102% | $2.9M | $3.5M | 50x | |
| BingX ORDI-USDT | +0.0100% | 4h | 4.9020 | +0.143% | — | $27.1M | — | as long as short |
| Variational Omni ORDI | +0.0100% | 4h | 4.9130 | +0.368% | $24K | $55K | — | as long as short |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8990 | +0.082% | $989 | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.9000 | +0.102% | $81K | $393K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.9036 | +0.176% | $3K | $189K | 5x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0239% / S −0.3359% | 1h | 4.9020 | +0.142% | $8K | — | 100x | as long as short |
| Hyperliquid ORDI | +0.0245% | 1h | 4.9071 | +0.247% | $708K | $661K | 3x | as long as short |
KuCoin ORDIUSDTM
BingX ORDI-USDT
Variational Omni ORDI
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
GMX ORDI/USD [WBTC.b-USDC]
Hyperliquid ORDI